The Accumulation Swing Index helps showing the line of the real market. The Accumulative Swing Index uses a scale from 0 to 100 for an up trend and 0 to -100 for a down trend. The Swing Index was developed by Welles Wilder. The ASI has a positive value if a long-term trend is up, and if long-term trend is down indicator appears in a negative value. During sideways moving … [Read more...]
Triple Exponential Average : Application & Chart
The triple exponential average (TRIX) indicator is an oscillator. TRIX is usually used to identify oversold and overbought markets, and it can also be used as a momentum indicator. TRIX, like other common oscillators, oscillates around a zero line. A positive value indicates an overbought market while a negative value indicates an oversold market when it is used as an … [Read more...]
Ultimate Oscillator : Application & Chart
The Ultimate Oscillator, developed by Larry Williams combines a stock's price action during three different time frames into one bounded oscillator. Values range from 0 to 100 with 50 as the center line. Oversold territory exists below 30 and overbought territory extends from 70 to 100. Ultimate Oscillator uses three time frames which and can be specified by the user. … [Read more...]
Volume Oscillator Indicator : Application & Chart
The Volume Oscillator clarifies whether the volume trend is increasing or decreasing by using the difference between a longer and a shorter moving average of volume. When the Volume Oscillator rises above zero the shorter-term volume moving average has risen above the longer-term volume moving average. This means that the short-term volume trend is higher than the longer-term … [Read more...]
Application and Chart of Ulcer Index
This tool is often used in conjunction with other risk measurements such as standard deviation. Investors who are risk averse should probably stay away from securities with high UI values because, if these securities experience a severe decline, they are unlikely to recover in the near future. Since the ulcer index measures change from a recent peak, it is more practical to … [Read more...]