Kicking Candlestick
The Kicking Japanese Candlestick is a two candle reversal pattern. A bearish Kicking formation consists of a white marubozu followed by a black marubozu which gaps open below the first candle’s opening price.
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
Keltner Channels
This technical indicator was outlined by Chester W. Keltner in his book How To Make Money in Commodities (1960). Keltner Channels are a volatility based band indicator that indicate overbought and oversold levels.
Comparative Relative Strength Indicator
Comparative Relative Strength compares the price movement of a security with an index, sector or another security and is calculated by dividing the first security’s price by the second security’s price.