Category: Indicators

What is the most accurate non-repainting Zig Zag indicator?
Accuracy can only  be measured if there is an agreement on what is required to be accurate. In the case of the Zig Zag, its variety of applications to FOREX trading may well be its downfall and many are quick to disregard it as something that...  Read the full article

Moving Average
Moving average is a simple measurement for the slope of a trend, as such it is a good indicator for trending markets. It is not a good indicator for sideways markets. The moving average calculation averages prices over a defined period of time....  Read the full article

Mass Index
Mass Index is a technical indicator developed by Donald Dorsey to identify trend reversals. The calculation measures the difference between high and low prices, it is weighted based on the difference. Mass Index goes up on drastic price differences...  Read the full article

Average True Range (ATR)
Developed by J. Welles Wilder, ATR is a technical volatility indicator. The indicator was originally developed for the commodity market, however it is widely used in FOREX today. The indicator does not provide buy/sell signals by itself; It...  Read the full article

Moving Average Convergence/Divergence (MACD)
MACD was originally developed by Gerald Appel in the 60s as a method for identifying changes in price trend. The indicator gives the trader a sense of change in momentum. It is a trend following momentum indicator that shows the relationship...  Read the full article

Accumulation/Distribution (A/D)
Accumulation/Distribution (A/D) is a volume and price indicator. Volume is a leading indicator of price action. A/D indicates supply and demand for a currency pair by guaging if traders are buying (accumulating) or selling (distributing). The...  Read the full article

Commodity Channel Index (CCI)
Commodity Channel Index (CCI) was created by Donald Lambert. CCI corresponds to oscillators, measuring speed of price fluctuations. The indicator is based on an observation that the market moves in cyclical movements which means high and low...  Read the full article

On Balance Volume (OBV)
On Balance Volume (OBV) is a momentum indicator originally developed by Joseph Granville in 1963. Joseph defined the indicator in his book “New Key to Stock Market Profits”. The indicator was originally developed to measure money...  Read the full article

Money Flow Index (MFI)
Money Flow Index (MFI) is an oscillator originally developed by Colin Twiggs as an enhancement of Marc Chaikin’s Money Flow (CMF). MFI is a volume-weighted variant of the RSI that can be used to predict trend reversal. The indicator was...  Read the full article

Linear Regression Slope (LRS)
Linear Regression Slope (LRS) is a statistical engine that helps to represent the direction of a trend. LRS calculates the slope value of regression lines using the current bar and the previous n-1 bars where n=”regression periods”....  Read the full article