Indicators

  • November 2019
  • PDF

This document was uploaded by user and they confirmed that they have the permission to share it. If you are author or own the copyright of this book, please report to us by using this DMCA report form. Report DMCA


Overview

Download & View Indicators as PDF for free.

More details

  • Words: 843
  • Pages: 3
Indicators are collections of lines and symbols that are typically (but not always) displayed in additional panels located above or below the main price panel. (SharpCharts2 also allows you to create "Overlaid" charts where indicators can be positioned behind the price bars or behind other indicators.) Examples of technical indicators include the MACD and the RSI. To add an indicator to your chart, simply select it from an unused dropdown on the left side of the "Indicators" area. The dropdown contains a list of all the indicators we support including: 











 









Price - The price data for a specified stock. Typically used to create overlaid charts or charts that compare one stock to another. Combined with our Ratio Symbol Notation2), it can be used to create "Price Relative" charts (see below). Price Performance - The percentage change of the closing values of the specified stock. The first closing value on the left edge of the chart is the starting point for the calculations. Often used in combination with the "Performance" chart type to create SharpCharts versions of our dynamic PerfCharts tool. Volume - The volume data for a specific stock. Can be used to position volume several panels away from the price data or to overlay volume on an indicator. RSI - Common bounded momentum oscillator with overbought/oversold lines at 70 and 30. MACD - Moving Average Convergence/Divergence. Common unbounded momentum oscillator formed from the difference of two specified EMAs. A signal line is often added to generate buy/sell signals. The difference between the indicator and the signal line is displayed as a histogram in the middle of the indicator. MACD Histogram - The difference between the specified MACD line and its signal line displayed as a histogram. This version only displays the histogram, not the MACD Line or the signal line. Percentage Price Oscillator (PPO) - A percentage-based version of the MACD. Detrended Price Oscillator (DPO) - Removes long-term trend information from the data so that shorter-term cycle information can be studied. Commodity Channel Index (CCI) - Removes statistical mean information from the data so that unusual short-term divergences can be better indentified. Rate-of-Change (ROC) - The difference between current prices and prices 'n' periods ago. Almost indentical to the "Momentum" indicator (which we do not support, use ROC instead). Ultimate Oscillator - Weighted sum of three different oscillators - a short-term one, a medium-term one, and a long-term one. TRIX - A momentum oscillator that shows the percent rate-of-change of a triply smoothed average of the stock's closing prices.



















 











 

Full Stochastics - A common bounded oscillator that shows where prices are now relative to where they have been in the past. Full stochastics takes three parameters allowing for complete control over the calculation. Slow Stochastics - An easier-to-use, 2-paramter version of the Stochastics oscillator for longer-term trading. Fast Stochastics - An easier-to-use, 2-paramter version of the Stochastics oscillator for shorter-term trading. StochRSI - A bounded oscillator that uses the stochastics oscillator on the RSI indicator (instead of on closing values). On Balance Volume (OBV) - A cummulative sum of volume for up days minus volume for down days. Note: The actual value of the OBV changes depending on where the left edge of the chart is and therefore is not displayed. Accumulation/Distribution Line - A weighted sum of volume for up days minus volume for down days. Note: The actual value of the OBV changes depending on where the left edge of the chart is and therefore is not displayed. Chaikin Oscillator - An oscillator based on the movement of the Accumulation/Distribution Line. Chaikin Money Flow (CMF) - An oscillator that combines price and volume to estimate money moving into and out of a stock. Money Flow Index (MFI) - An RSI-like oscillator that includes volume in its calculations. Percent Volume Oscillator (PVO) - A volume-based version of the PPO. Wilder's DMI (ADX) - A system of three lines designed to show the direction and strength of a stock's current trend. Average True Range (ATR) - A volatility indicator based on an average of each period's "True Range." Aroon - A trend-determination system based on the number of days since a recent high or low has been set. Aroon Oscillator - An oscillator formed from the two lines that make up the Aroon system. Bollinger Band Width - The absolute distance from the top Bollinger Band to the bottom one. Bollinger's %b - An oscillator showing where prices are currently located relative to the upper and lower Bollinger Bands. Standard Deviation - A statistical measure of volatility. Slope - The rise (or fall) in closing values divided by the specified number of periods.





Rabbit Q-Rank - Paul Rabbitt's ranking of a stock based on a large number of technical and fundamental factors. Similar in many ways to IBD's "RS" rankings. Date/Time Axis - An additional horizonal axis for your chart.

Related Documents

Indicators
November 2019 28
Indicators
June 2020 18
Indicators
November 2019 25
Indicators
November 2019 23
Indicators 2
October 2019 12
Microblogging Indicators
April 2020 16