Indicators

Money Flow Index – Momentum Indicator

July 16, 2011 Indicators

What is the Money Flow Index The Money Flow Index MFI is a momentum indicator which is used to measure the amount of money flowing into and out of a security.   The indicator is similar to the relative strength index formula, but instead of measuring a security’s price action relative to itself, it measures the [...]

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Tick Volume – Technical Analysis Indicator

July 16, 2011 Indicators

Tick Volume Definition Tick volume is measuring every trade whether up or down and the volume that accompanies those trades for a given time period. If you are a day trader or a short term swing trader, tick volume analysis will assist you in sizing up the market on an intraday basis. Some traders also [...]

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Projection Oscillator – Technical Analysis Indicator

July 3, 2011 Indicators

Projection Oscillator Definition The projection oscillator was developed by Dr. Mel Widner and is intended as a modification of the projection bands.  The thing that makes the projection oscillator unique is that it measures the value of the current price to the lower and upper projection bands.  Whereas other oscillators such as the stochastic oscillator [...]

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Commodity Channel Index (CCI) – Technical Analysis Indicator

July 3, 2011 Indicators

Commodity Channel Index Definition The commodity channel index (CCI) is an oscillator used to identify cyclical trends in a security. It gained its name because it was originally used to analyze commodities. The CCI formula is as follows: While the CCI will oscillate above and below the zero line, it is more of a momentum [...]

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Aroon Indicator – Trend Following Tool

July 3, 2011 Indicators

Aroon Indicator – Overview The aroon indicator anticipates when a security is changing from an impulsive move to a trading range and vice versa. The Aroon indicator was developed by Tushar Chande, who also created the Chande Momentum Oscillator and the Qstick. The aroon indicator displays two plots: (1) Aroon Up and (2) Aroon Down. [...]

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Volume Rate of Change – Technical Analysis Indicator

July 3, 2011 Indicators

Volume Rate of Change Definition The volume rate of change (ROC) is a technical indicator used to gauge the volatility in a security’s volume.  The volume rate of change is a powerful indicator when estimating a security’s ability to push through key resistance.  The volume ROC is calculated the exact same way as the rate [...]

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