Donald Lambert’s CCI compares current price with a moving average over a selected timeframe (usually 20 days). He normalizes the oscillator by using a divisor based on mean deviation. The indicator is based on the idea that commodities (or stocks or bonds) move in cycles, with highs and lows coming at periodic intervals. It uses …
Ichimoku Kinko Hyo is a technical indicator published over 30 years ago in Japan. It measures market momentum and trend and also outlines levels of support and resistance. Ichimoku means ‘one look’ in Japanese and this reflects the indicators intent to measure multiple aspects of the market at once. This indicator was developed so that …
Ichimoku Kinko Hyo is a technical indicator developed by a Japanese journalist in the 1960’s. Ichimoko literally translates to ‘one look’ – suggesting the multi-faceted aspect of this indicator. The Ichimoku indicator suggests support and resistance levels, trend bias as well as giving entry and exit signals for trades. The Ichimoku indicator made up of …
Developed by William Blau, the Double Smoothed Stochastics indicator is a variation of Slow Stochastics.
Developed by Dr. Martin Zweig, the Breadth Thrust Indicator measures market momentum. It is calculated by dividing a 10-day exponential moving average of the number of advancing issues by the number of advancing plus declining issues. When the indicator rises from below 40% to above 61.5% this reflects a thrust in the market having changed …
The Commodity Channel Index is an oscillator that indicates when a security is overbought or oversold. Developed by Donald Lambert, the CCI is designed to identify cyclical turns in commodities and other securities. Along with the Average Directional Index, the CCI provides insight on how a market it trending. The CCI uses the difference between …
A popular indicator created by John Bollinger that allows users to compare volatility and relative price levels over a period of time. It consists of three bands designed to cover the majority of a security’s price action. Prices are considered to be overextended or overbought at the upper band which is thus considered a resistance …