Knowledgebase

OVERVIEW:
Linear Regression Intercept is one of the indicators calculated by
using the Linear Regression technique. Linear regression indicates the
value of the Y (generally the price) when the value of X (the time
series) is 0. Linear Regression Intercep...

OVERVIEW:
The usage of Linear Regression slope is prediction of the following
forex market values based on the previous ones. It is considered as a
statistical engine. The linear Regression is usually drawn as a
straight line, similar to a trend line on ...

OVERVIEW:
The Linear Regression Forecast indicators optionally smoothes the
price data, performs a regression on the result, forecasts the
regression lines if desired, and then optionally creates standard
deviations bands above and below the regression l...

OVERVIEW:
The Aroon indicator is often used to determine whether a stock is
trending or not and how stable the trend is.
INTERPRETATION:
Trends are determined by extreme values (above 80) of both lines
(Aroon up and Aroon down), whereas unstable price...

The Moving Average Indicator contains the following seven methods:
* Simple Moving Average
[http://www.hybridsolutions.com/support/index.php?/Knowledgebase/Article/View/2257]
* Exponential Moving Average
[http://www.hybridsolutions.com/support/index....

OVERVIEW:
Williams’ %R measures overbought/oversold levels.
INTERPRETATION:
The most widely used method for interpreting Williams’ %R is to buy
when the indicator raises above 80 or sell when the indicator falls
below 20.
PARAMETERS:
str Symbol
in...

OVERVIEW:
The Accumulation/Distribution indicator shows a relationship of price
and volume.
INTERPRETATION:
When the indicator is rising, the security is said to be
accumulating. Conversely, when the indicator is falling, the security
is said to being...

OVERVIEW:
The Welles Wilder's Smoothing indicator is similar to an exponential
moving average. The indicator does not use the standard exponential
moving average formula. Welles Wilder described 1/14 of today's data +
13/14 of yesterday's average as a 14...

OVERVIEW:
A Weighted Moving Average places more weight on recent values and
less weight on older values.
INTERPRETATION:
A Moving Average is most often used to average values for a smoother
representation of the underlying price or indicator.
PARAME...

OVERVIEW:
Weighted Close is an average of each day’s open, high, low, and
close, where more weight is placed on the close.
INTERPRETATION:
The Weighted Close indicator is a simple method that offers a
simplistic view of market prices.
PARAMETER:
st...

OVERVIEW:
The Volume Rate of Change indicator shows clearly whether or not
volume is trending in one direction or another.
INTERPRETATION:
Sharp Volume ROC increases may signal price breakouts.
PARAMETERS:
str Volume
int Periods
-----------------...

OVERVIEW:
The Volume Oscillator shows a spread of two different moving averages
of volume over a specified period of time.
INTERPRETATION:
The Volume Oscillator offers a clear view of whether or not volume is
increasing or decreasing.
PARAMETERS:
s...

OVERVIEW:
VIDYA (Volatility Index Dynamic Average), developed by Chande, is a
moving average derived from linear regression R2.
INTERPRETATION:
A Moving Average is most often used to average values for a smoother
representation of the underlying price...

OVERVIEW:
The Vertical Horizontal Filter (VHF) identifies whether a market is
in a trending or choppy movement phase.
INTERPRETATION:
The VHF indicator is most commonly used as an indicator of market
volatility. It is also frequently used as a compone...

OVERVIEW:
A Variable Moving Average is an exponential moving average that
adjusts to volatility.
INTERPRETATION:
A Moving Average is most often used to average values for a smoother
representation of the underlying price or indicator.
PARAMETERS:
s...

OVERVIEW:
The Ultimate Oscillator compares prices with three oscillators, using
three different periods for calculations.
INTERPRETATION:
The most popular interpretation of the Ultimate Oscillator is
price/indicator divergence.
PARAMETERS:
str Symb...

OVERVIEW:
A Typical Price is simply an average of one period’s high, low and
close values.
INTERPRETATION:
A Typical Price is often used as an alternative way of viewing price
action, and also as a component for calculating other indicators.
PARAMET...

OVERVIEW:
The Average True Range (Wilder) measures market volatility.
INTERPRETATION:
High ATR values may signal market bottoms, and low ATR values may
signal neutral markets.
PARAMETER:
str Symbol
-------------------------
SEE ALSO
* Momentum...

OVERVIEW:
The Stochastic Momentum Index, developed by William Blau, first
appeared in the January 1993 issue of Stocks & Commodities magazine.
This indicator plots the closeness relative to the midpoint of the
recent high/low range.
INTERPRETATION:
The S...

OVERVIEW:
TRIX is a momentum oscillator that shows the rate of change of an
exponentially averaged closing price.
INTERPRETATION:
The most common interpretation of the TRIX oscillator is to buy when
the oscillator raises and sell when the oscillator ...

OVERVIEW:
The Triangular Moving Average is similar to a Simple Moving Average,
except that more weight is given to the price in the middle of the
moving average periods.
INTERPRETATION:
A Moving Average is most often used to average values for a smoot...

OVERVIEW:
The Trade Volume index shows whether a security is being accumulated
or distribute (similar to the Accumulation/Distribution index).
INTERPRETATION:
When the indicator is rising, the security is said to be
accumulating. Conversely, when the ...

OVERVIEW:
A Time Series Moving Average is similar to a Simple Moving Average,
except that values are derived from linear regression forecast values
instead of raw values.
INTERPRETATION:
A Moving Average is most often used to average values for a smoo...

OVERVIEW:
The Swing Index (Wilder) is a popular indicator that shows
comparative price strength within a single security by comparing the
current open, high, low and close prices with previous prices.
INTERPRETATION:
The Swing Index is a component of ...

OVERVIEW:
The chaotic nature of stock market movements explains why it is
sometimes difficult to distinguish hourly charts from monthly charts
if the time scale is not given. The patterns are similar regardless of
the time resolution. Like the chambers o...

OVERVIEW:
The Stochastic Oscillator is a popular indicator that shows where a
security’s price has closed in proportion to its closing price range
over a specified period of time.
INTERPRETATION:
The Stochastic Oscillator has two components: %K and %D. %...

OVERVIEW:
Standard Deviation is a common statistical calculation that measures
volatility. Other technical indicators are often calculated using
standard deviations.
INTERPRETATION:
Major highs and lows often accompany extreme volatility. High values
...

OVERVIEW:
Similar to the Prime Numbers Oscillator indicator finds the nearest
prime number for the high and low, and plots the two series as bands.
INTERPRETATION:
The Prime Numbers Bands indicator can be used to spot market trading
ranges.
PARAMETE...

OVERVIEW:
The prime numbers oscillator indicator finds the nearest prime number
from either the top or bottom of the series, and plots the difference
between that prime number and the series itself.
INTERPRETATION:
The prime numbers oscillator indicato...

OVERVIEW:
The Simple Moving Average is simply an average of values over a
specified period of time.
INTERPRETATION:
A Moving Average is most often used to average values for a smoother
representation of the underlying price or indicator.
PARAMETERS:...

OVERVIEW:
The RSI (Wilder) is a popular indicator that shows comparative price
strength within a single security. Also the EMA of the RSI is added to
this indicator.
INTERPRETATION:
9, 14 and 25 period RSI calculations are most popular. The most
widel...

OVERVIEW:
The rainbow oscillator is based upon multiple time frames of a moving
average.
INTERPRETATION:
When values stay above 80 or below 20, the trend may reverse
suddenly.
PARAMETERS:
str Source
int Levels
int Moving Average Type
----------...

OVERVIEW:
The Price and Volume Trend index is closely related to the On Balance
Volume index.
INTERPRETATION:
The Price and Volume Trend index generally precedes actual price
movements. The premise is that well-informed investors are buying when
the in...

OVERVIEW:
The Price ROC shows the difference between the current price and the
price one or more periods in the past.
INTERPRETATION:
A 12-day Price ROC is most often used as an overbought/oversold
indicator.
PARAMETERS:
str Source
int Periods
--...

OVERVIEW:
The Price Oscillator shows a spread of two moving averages.
INTERPRETATION:
The Price Oscillator is basically a moving average spread. Buying
usually occurs when the oscillator raises, and conversely, selling
usually occurs when the oscillat...

OVERVIEW:
The Positive Volume Index shows focus on periods when volume
increases from the previous period.
INTERPRETATION:
The interpretation of the Positive Volume Index is that many
investors are buying when the index raises, and selling when the in...

OVERVIEW:
The Performance indicator calculates price performance as a
normalized value or percentage.
INTERPRETATION:
A Performance indicator shows the price of a security as a normalized
value. If the Performance indicator shows 50, then the price of...

OVERVIEW:
The Parabolic SAR was developed by Welles Wilder. This indicator is
always in the market (whenever a position is closed, an opposing
position is taken). The Parabolic SAR indicator is most often used to
set trailing price stops. A stop and r...

OVERVIEW:
The On Balance Volume indicator shows a relationship of price and
volume as a momentum index.
INTERPRETATION:
On Balance Volume index generally precedes actual price movements.
The premise is that well-informed investors are buying when the ...

OVERVIEW:
The Negative Volume Index shows focus on periods when volume
decreases from the previous period.
INTERPRETATION:
The interpretation of the Negative Volume Index is that well-informed
investors are buying when the index falls and uninformed i...

OVERVIEW:
Moving Average Envelopes consist of moving averages calculated from
the underling price, shifted up and down by a fixed percentage.
INTERPRETATION:
Moving Average Envelopes (or trading bands) can be imposed over an
actual price or another in...

OVERVIEW:
The Money Flow Index measures money flow of a security, using volume
and price for calculations.
INTERPRETATION:
Market bottoms below 20 and tops above 80. Divergence of price and
Money Flow Index are also used.
PARAMETERS:
str Symbol
st...

OVERVIEW:
The momentum indicator calculates change of over a specified length
of time as a ratio.
INTERPRETATION:
Increasingly high values of the momentum oscillator may indicate that
prices are trending strongly upwards. The momentum oscillator is
cl...

OVERVIEW:
A Median Price is simply an average of one period’s high and low
values.
INTERPRETATION:
A Median Price is often used as an alternative way of viewing price
action, and also as a component for calculating other indicators.
PARAMETERS:
str...

OVERVIEW:
The Mass Index identifies price changes by indexing the narrowing and
widening change between high and low prices.
INTERPRETATION:
According to the inventor of the Mass Index, reversals may occur when
a 25-period Mass Index raises above 27 o...

OVERVIEW:
The MACD is a moving average oscillator that shows potential
overbought/oversold phases of market fluctuation. The MACD is a
calculation of two moving averages of the underlying price/indicator.
Also a Histogram is added to this indicator.
IN...

OVERVIEW:
R-Squared is most often used in linear regression. Given a set of
data points, linear regression gives a formula for the line most
closely matching those points. It also gives an R-Squared value to
say how well the resulting line matches the ...

OVERVIEW:
Returns the high price minus the low price.
PARAMETERS:
str Symbol
-------------------------
SEE ALSO
* Fractal Chaos Bands
[http://www.hybridsolutions.com/support/index.php?/Knowledgebase/Article/View/2227]
* High Low Bands
[http://w...

OVERVIEW:
High Low Bands consist of triangular moving averages calculated from
the underling price, shifted up and down by a fixed percentage, and
include a median value.
INTERPRETATION:
When prices raise above the upper band or fall below the lower b...

OVERVIEW:
An Exponential Moving Average is similar to a Simple Moving Average.
An EMA is calculated by applying a small percentage of the current
value to the previous value. An EMA applies more weight to recent
values.
INTERPRETATION:
A Moving Averag...

OVERVIEW:
The Ease of Movement oscillator shows a unique relationship between
price change and volume.
INTERPRETATION:
The Ease of Movement oscillator raises when prices are trending
upwards under low volume, and likewise, the Ease of Movement
oscilla...

OVERVIEW:
The Welles Wilder's Directional Movement System contains five
indicators; ADX, DI+, DI-, DX, and ADXR.
The ADX (Average Directional Movement Index) is an indicator of how
much the market is trending, either up or down: the higher the ADX
l...

OVERVIEW:
The Detrended Price Oscillator is used when long-term trends or
outliers must be removed from prices or index indicators.
INTERPRETATION:
This indicator is often used to supplement a standard price chart.
Other indicators can be plotted over...

OVERVIEW:
The Comparative Relative Strength index divides one price field by
another price field.
INTERPRETATION:
The base security is outperforming the other security when the
Comparative RSI is trending upwards.
PARAMETERS:
str Source 1
str Sour...

OVERVIEW:
The CCI was developed by Donald Lambert. The purpose of this
indicator is to identify cyclical turns in commodities.
INTERPRETATION:
This indicator oscillates between an overbought and oversold
condition and works best in a sideways mark...

OVERVIEW:
The Chande Momentum Oscillator (Chande) is an advanced momentum
oscillator derived from linear regression.
INTERPRETATION:
Increasingly high values of CMO may indicate that prices are trending
strongly upwards. Conversely, increasingly low v...

OVERVIEW:
The Chaikin Volatility Oscillator is a moving average derivative of
the Accumulation/Distribution index.
INTERPRETATION:
The Chaikin Volatility Oscillator adjusts with respect to volatility,
independent of long-term price action.
PARAMETER...

OVERVIEW:
The Chaikin Money Flow oscillator is a momentum indicator that spots
buying and selling by calculating price and volume together. This
indicator is based upon Chaikin Accumulation/Distribution, which is in
turn based upon the premise that if a s...

OVERVIEW:
Bollinger Bands are similar in comparison to moving average
envelopes. Bollinger Bands are calculated using standard deviations
instead of shifting bands by a fixed percentage.
INTERPRETATION:
Bollinger Bands (as with most bands) can be imp...

OVERVIEW:
A trend-following indicator that uses aspects of the Aroon indicator
("Aroon up" and "Aroon down") to gauge the strength of a current trend
and the likelihood that it will continue.
INTERPRETATION:
The Aroon oscillator is calculated by subt...

OVERVIEW:
The Accumulation Swing Index (Wilder) is a cumulative total of the
Swing Index.
INTERPRETATION:
The Accumulation Swing Index may be analyzed using technical
indicators, line studies, and chart patterns, as an alternative view
of price acti...

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