Measures of Upside/Downside separate the volumes for rising markets from those in falling markets. In essence, the indicator is displaying the new flow of volume into or out of the market. Since the value for the indicator will increase over time as more issues are added to the exchange, traders will have to determine the appropriate extreme rating for the indicator where … [Read more...]
Vertical Horizontal Filter (VHF)
Vertical Horizontal Filter (VHF) was created by Adam White to identify trending and ranging markets. VHF measures the level of trend activity, similar to ADX in the Directional Movement System. Trend indicators can then be employed in trending markets and momentum indicators in ranging markets. There are three ways to use the VHF indicator: · VHF values above or below … [Read more...]
Stochastic FAST
Stochastics are an oscillator. They consist of two curves called the %K line and the %D line, and are controlled through two parameters, n and m, specifying a number of periods. Both the %K and %D lines are plotted on a scale of 0 to 100. They measure where the closing price is in relation to the total price range of the selected number of periods. It is based on the … [Read more...]
Linear Regression Channels (LRC)
A Linear Regression Channel is a indicator used to determine the trend a security is developing and the most probable price range that will take place within that trend. The idea of the Linear Regression Channel 50% is close to the Linear Regression Channel but the upper and lower lines are drawn at the distance of one, not of two, standard deviation from the Linear Regression … [Read more...]
Application of Accumulation Swing Index
How ACC/ Swing Index is used as an application? To use this application , the following formula is used : ' SI(i) = 50*(CLOSE(i-1) - CLOSE(i) + 0,5*(CLOSE(i-1) - OPEN(i-1)) + 0,25*(CLOSE(i) - OPEN(i)) / R)*(K / T) ASI(i) = SI(i-1) + SI(i) Where: SI (i) — current value of Swing Index technical indicator; SI (i - 1) — stands for the value of Swing Index on the previous … [Read more...]