Loading...

Indicator Study List

$ Value Traded

Displays Closing Price x Volume

ARGUMENTS

None

 


$ Value Traded - Log

 

Displays logarithm of Closing Price x Volume

ARGUMENTS

None

 


%D Slow, %D Slow (Lane), %K Fast, %K Fast (Lane)

Components of Stochastic Oscillator.
(Lane) - implementation of George Lane formulae

ARGUMENTS

Period/Term - period used for computing the fast line
Smoothing Factor - used for computing the slow line
Overbought line - optional argument, draw a line
Oversold line - optional argument, draw a line

 


Accumulation Distribution

ARGUMENTS

A/D Formulae - select it the opening price is used

 

 


D+ Positive Directional Indicator, D- Negative Directional Indicator

Developed by Welles Wilder

Components of ADX and DMI

ARGUMENTS

Period/Term - period used for computing the result

 


ADX - Average Directional Index

Developed by Welles Wilder

Derived from D+ and D-

ARGUMENTS

Period/Term - period used for computing the result
Smoothing - to smooth out noise from the result

 


ADXR - Average Directional Movement Rating

Smoothed ADX

ARGUMENTS

Period/Term - period used for computing the result
Smoothing - to smooth out noise from the result
ADX Smoothing -

 


ATR - Average True Range

ATR is a measure of volatility.

ARGUMENTS

Period/Term - period used for computing the result
Average - type of average used

 


Wilder ATR - Average True Range by Wilder

Uses the same method as Wilder did in computing the averages.

ARGUMENTS

Period/Term - period used for computing the result

 


ATR% - Average True Range %

ATR expressed as % instead of value

ARGUMENTS

Period/Term - period used for computing the result
Average - type of average used

 


Bollinger Bands, Bollinger Bands - Upper Band, Bollinger Bands - Lower Band

Bands at standard deviation above or below a moving average

ARGUMENTS

Price - selects price to use in the computations
Period - used to compute the moving average and the standard deviation
Std Dev Multiple - distance at which the bands are plotted
Average - type of average used
Middle Band - plot the middle band or not

 


Bollinger Band Width

Plots the deviation as an oscillator

ARGUMENTS

Price - selects price to use in the computations
Period - used to compute the moving average and the standard deviation
Std Dev Multiple - distance at which the bands are plotted

 


Bollinger Bands - Naked

Plots the bands without the moving average line. Used for backward compatibility

ARGUMENTS

Term - the period used to compute the moving average and the standard deviation
Std Dev Multiple - distance at which the bands are plotted

 


Bollinger Bands - Traditional

Plots the bands and the moving average line. Used for backward compatibility

ARGUMENTS

Term - the period used to compute the moving average and the standard deviation
Std Dev Multiple - distance at which the bands are plotted

 


Chaikin Money Flow

Derived from Accumulation Distribution

ARGUMENTS

Period/Term - period used for computing the result
Formulae - select AD computation -use or not use the opening price

 


Chaikin Oscillator

Derived from Accumulation Distribution by including moving averages.

ARGUMENTS

Long Period/Term - long term period for computing the result
Short Period/Term - short term period for computing the result
Formulae - select AD computation -use or not use the opening price

 


Chaikins Volatility

Developed by Marc Chaikin

ARGUMENTS

Smoothing Term -

 


CCI - Commodity Channel Index

ARGUMENTS

Period/Term - period used for computing the result

 


DEMA - Detrended Exponential Moving Average

ARGUMENTS

Period/Term - period used for computing the result

 


Deviation- Standard Deviation Bands

ARGUMENTS

Same as Bollinger Bands with the standard deviation multiplier locked at 1 (100%)

 


Detrended Deviation

Standard Deviation based oscillator

ARGUMENTS

Period/Term - period used for computing the result

 


Ease of Movement - Arms (EOM)

Author: Richard W. Arms, Jr

ARGUMENTS

None

 


Elder Bull Power, Elder Bear Power, Elder Ray Average ( Elder Ray Index )

Author:Alexander Elder

ARGUMENTS

Period/Term - period used for computing the result

 


Envelopes - SMA, Envelopes EMA

Plots bands at fixed percent above or below the moving average.

ARGUMENTS

Period/Term - period used for computing the result

 


Estrangement

Difference between close and moving average

ARGUMENTS

Period/Term - period used for computing the result

 


Force Index, Force Index Smoothed

Author: Alexander Elder

ARGUMENTS

Period/Term - period used for computing the result

 


Holy Grail

Author: G Jones

Smoothed Estrangement

ARGUMENTS

Period/Term - period used for computing the result

 


Keltner Channels

Author: Chester W. Keltner

ARGUMENTS

 


Linear Regression Acceleration

Represents change in slope of the regression line

ARGUMENTS

Regression Period - The number of bars used in calculating the regression line
Forecast Period - This argument is not used
Data - Selects data used in calculations
Average - Type of smoothing used
Average Period - Used for smoothing
Normalize - Determines if we want the results normalized

 


Linear Regression Bands

ARGUMENTS

Regression Period - The number of bars used in calculating the regression line
Forecast Period - This argument is not used
Data - Selects data used in calculations
Average - Type of smoothing used
Average Period - Used for smoothing
Std Dev Multiple - How far from the middle band the upper and lower bands are drawn

 


Linear Regression Forecast - not used

ARGUMENTS

Regression Period - The number of bars used in calculating the regression line
Forecast Period - This argument is not used
Data - Selects data used in calculations
Average - Type of smoothing used
Average Period - Used for smoothing

 


Linear Regression Oscillator

Number of standard deviations of current price from the linear regression line

ARGUMENTS

Regression Period - The number of bars used in calculating the regression line
Forecast Period - This argument is not used
Data - Selects data used in calculations
Average - Type of smoothing used
Average Period - Used for smoothing

 


Linear Regression Acceleration

Represents the slope at each bar of the regression line

ARGUMENTS

Regression Period - The number of bars used in calculating the regression line
Forecast Period - This argument is not used
Data - Selects data used in calculations
Average - Type of smoothing used
Average Period - Used for smoothing
Normalize - Determines if we want the results normalized

 


MACD - Moving Average Convergence/Divergence

Compares 2 exponential moving averages

ARGUMENTS

Long Period/Term - long term period for computing the result
Short Period/Term - short term period for computing the result
Smoothing Term - to iron out noise in the result

 


MACD Histogram

Difference between the 2 MACD lines  presented as histogram

ARGUMENTS

Long Period/Term - long term period for computing the result
Short Period/Term - short term period for computing the result
Smoothing Term - to iron out noise in the result

 


Mass Index

Author - Donald Dorsey

ARGUMENTS

Period/Term - period used for computing the result
EMA - exponential moving average period

 


Median Price Indicator

Average of High and Low

ARGUMENTS

None

 


Mid-Point Indicator

Average of Open and Close

ARGUMENTS

None

 


Momentum

Amount of price change over the specified period

ARGUMENTS

Period/Term - period used for computing the result

 


Money Flow Index

Related to RSI. Unlike RSI, it incorporates volume as well

ARGUMENTS

Period/Term - period used for computing the result
Overbought line - optional argument, draw a line
Oversold line - optional argument, draw a line

 


Moving Average

ARGUMENTS

Period - the number of bars used for calculating the average
Data - Selects data used
Average - Selects type of average used

 


Moving Average - Displaced

ARGUMENTS

Period - the number of bars used for calculating the average
OHLC - historical data field used for calculations
Average - Selects type of average used
Direction - selects if we want the average moved forward or backward
Interval - number of bars to move the average

 


Moving Average - Exponential (EMA), Moving Average - Simple (MAV), Moving Average - Triangular (TMA), Moving Average - Weighted (WMA)

ARGUMENTS

Period - the number of bars used for calculating the average

 


Moving Average Channel

Plots the moving averages for the high and the low prices

ARGUMENTS

High Period - the number of bars used for calculating the high prices average
Low Period - the number of bars used for calculating the low prices average
Average - Selects type of average used

 


Multiple Moving Averages

Display up to 5 moving averages as one study

ARGUMENTS

Period 1 - the number of bars used for calculating the average
OHLC - historical data field used for calculations
Average - Selects type of average used
Displacement - selects if we want the average moved forward or backward
Interval - number of bars to move the average
Period 2 -
Period 3 -
Period 4 -
Period 5 -

 


Negative Volume Index

ARGUMENTS

None

 


OHLC

Allows to plot either the open, high, low or closing price for a bar

ARGUMENTS

OHLC - select the field to display
Displacement - if different to zero, shift the result forward/backward

 


On Balance Volume

ARGUMENTS

None

 


Parabolic SAR (stop-and-reversal)

Author - Welles Wilder

Refer to Welles Wilder book for details

ARGUMENTS

AF Step - acceleration
AF Max - max acceleration

 


Parabolic SAR Oscillator

Difference between the Parabolic SAR value and the price

ARGUMENTS

AF Step - acceleration
AF Max - max acceleration

 


Percent of Volume Average

ARGUMENTS

Period - Period used for moving average
Percentage - Multiplies the result by percentage

 


Percentage Rate of Change of volume

ARGUMENTS

Period/Term - period used for computing the result

 


Positive Volume Index

ARGUMENTS

None

 


Price (Donchian) Channels, Price (Donchian) Channels - Lower Band, rice (Donchian) Channels - Upper Band

Displays channel comprised of the highest/lowest price during the selected period

ARGUMENTS

Period/Term - period used for determining the high/low
Displacement - if we want to plot the result moved forward/backward
Interval - How many bars should the result be displaced
Inc. Last Bar - If we want the latest bar to be used in the computations

 


Price Oscillator

ARGUMENTS

Long Period/Term - long term period used for computing the result
Short Period/Term - short term period used for computing the result

 


Price Oscillator - Detrended

ARGUMENTS

Detrending Term - used for computing the result

 


Price Oscillator(%)

ARGUMENTS

Long Period/Term - long term period for computing the result
Short Period/Term - short term period for computing the result
Bearish - optional argument, draw a line
Bullish - optional argument, draw a line

Price Volume Trend

ARGUMENTS

None

 


Rate of Change

ARGUMENTS

Period/Term - period used for computing the result

 


Rate of Change - Percentage

ARGUMENTS

Period/Term - period used for computing the result

 


Relative Strength Index

Author - Welles Wilder

ARGUMENTS

Period/Term - period used for computing the result
Overbought line - optional argument, draw a line
Oversold line - optional argument, draw a line

 


Relative Vigor Index

ARGUMENTS

Period/Term - period used for computing the result

Std Dev Indicator- Standard Deviation Indicator

ARGUMENTS

Period/Term - period used for computing the result

 


Stochastic Fast, Stochastic Fast (Lane's Classic), Stochastic Slow, Stochastic Slow (Lane's Classic)

ARGUMENTS

Period/Term - period used for computing the fast line
Smoothing Factor - used for computing the slow line
Overbought line - optional argument, draw a line
Oversold line - optional argument, draw a line

 


TRIX Indicator

ARGUMENTS

Period/Term - period used for computing the result

 


Trade Volume Index

ARGUMENTS

Period/Term - period used for computing the result

 


Trend Intensity Index

ARGUMENTS

Data - Price value used for computations
Average - Type of average used for computations
Average Period - Period used for computing the moving average
Deviation Period - Period used for computing the deviation average

 


Trend Line Indicator (Swing Chart)

Swing charts show trends. They are independent of the time.
The Trend line indicator is actually a swing chart overlayed with the stock price thus retaining the time.

ARGUMENTS

None

 


Typical Price

Average of high, low and close

ARGUMENTS

None

 


Ultimate Oscillator

Author - Larry Williams

ARGUMENTS

Period/Term 1 - short term period for computing the result
Period/Term 2 - medium term period for computing the result
Period/Term 3 - long term period for computing the result

 


Vertical Horizontal Filter

Author - Adam White

ARGUMENTS

Period/Term - period used for computing the result

 


Volatility (Log Norm)

Lognormal Volatility, computes volatility of historical prices, statistical function

ARGUMENTS

Period/Term - period used for computing the result
Normalise Term - period used to normalise the result data

 


Volume

ARGUMENTS

None

 


Volume Average

ARGUMENTS

Period - Period used for moving average
Average - Type of average used for smoothing
Multiple - Multiplies the final result

 


Volume Log

Logarithm of the volume

ARGUMENTS

None

 


Volume Oscillator

Difference between 2 averages of volume

ARGUMENTS

Long Term - used for computing the first average
Short Term - used for computing the second average

 


Volume Rate of Change

Difference between current volume and "Period/Term" bars ago

ARGUMENTS

Period/Term - period used for computing the result

 

 


Weighted Close

Average of high plus low plus close with more weight being given to the close

ARGUMENTS

None

 

 


Weighted Price

Average of open plus high plus low plus close

ARGUMENTS

None

 

 


Williams Accumulation Distribution

Author: Larry Williams

ARGUMENTS

Period/Term - period used for computing the result

 

 


Williams Percent R

Author: Larry Williams

Inverse of of Stochastic Oscillator

ARGUMENTS

Period/Term - period used for computing the result
Overbought Line, Oversold Line - optional, used to draw horizontal lines

 

 


Williams Variable Accumulation Distribution

Author: Larry Williams

ARGUMENTS

Period/Term - period used for computing the result

 

 


Zig Zag

Eliminates moves in the price less than the specified %reversal.
Useful for counting Elliot Waves

ARGUMENTS

%Reversal - Percent Reversal needed to constitute a move change