TD Range Expansion Index

The TD Range Expansion Index (named after Tom Demark) is a market-timing oscillator which highlights risk areas for buying and selling. The oscillator is arithmetically calculated and is designed to overcome problems with exponentially calculated oscillators, such as

Tom Demark TD Moving Average

The TD Moving Average study (named after Tom Demark) is designed to identify when to exit a trade or where to place stop loss orders.

Time Series Forecast

Also known as the moving linear regression indicator or the regression oscillator, the Time Series Forecast indicator illustrates the statistical trend of a security’s price over a given time period. The trend is based on linear regression analysis. The Time Series Forecast plots the last point of multiple linear regression trendlines. The Time Series Forecast …

Zig Zag Indicator

The Zig Zag indicator illustrates the most important price reversals by filtering out changes less than a specified amount. The indicator is created by straight lines being drawn between points on a chart where prices have reversed by at least the amount specified.

Parabolic SAR

Introduced by Welles Wilder in his 1978 book, New Concepts in Technical Trading Systems, the Parabolic SAR (PSAR) is an indicator that sets trailing price stops for long or short positions. It is more popular for setting stops than for establishing direction or trend. Wilder’s intent was to create an indicator that capitalized on a …

Open-10 TRIN Indicator

A smoothed variation of the Arms Index, the Open-10 TRIN study is a market breadth indicator that uses advancing/declining volume and advancing/declining issues to measure the market’s strength or momentum.

Linear Regression Channel

The Linear Regression Channel is created by drawing parallel lines above and below the Linear Regression trendline using two standard deviations. A Linear Regression Trendline is a straight line drawn through a chart of a security’s prices using the least squares method. The bottom channel line indicates support and the top channel line indicates resistance. …

Directional Movement Indicator (DMI)

Developed by Welles Wilder and explained in his book, New Concepts in Technical Trading Systems, the Directional Movement Indicator can be used by itself or as a filter on a trend-following system. The DMI helps determine if a security is trending. In a DMI study, two lines are generated: +DI and -DI. The first line …