Technical Indicator that every trader should know
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Percent Bollinger Bands (%B) ..................................................................................................... 7
Bollinger Bandwidth (BW) .......................................................................................................... 7
Chaikin Money Flow (CMF) ....................................................................................................... 8
Know Sure Thing (KST) .............................................................................................................. 9
Money Flow Index (MFI) ............................................................................................................ 9
On Balance Volume (OBV) ....................................................................................................... 10
Percent Price Oscillator (PPO) ................................................................................................... 11
Price Volume Oscillator (PVO) ................................................................................................. 11
Rate of Change (ROC) ............................................................................................................... 14
Stochastic Relative Strength Index (SRSI) ................................................................................ 14
Triple Exponential Average (TRIX) .......................................................................................... 15
Ultimate Oscillator (ULT) .......................................................................................................... 16
Alligator ..................................................................................................................................... 17
Components ........................................................................................................................... 18
Donchian Channels (DON) ........................................................................................................ 18
Keltner Bands ............................................................................................................................. 19
Parabolic Stop and Reversal (PSAR) ......................................................................................... 21
10x8 Moving Average Calculation ............................................................................................ 25
Zig Zag ....................................................................................................................................... 26
Using Indicators Introduction .................................................................................................... 27
Displaying Indicators ............................................................................................................. 28
Indicator QuickLinks ............................................................................................................. 28
Williams Percent R (%R) ........................................................................................................... 29
William Accumulation/Distribution (AD) ................................................................................. 31
Commodity Channel Index (CCI) .............................................................................................. 32
Directional Movement Index (DMI) .......................................................................................... 35
Historic Volatility (HVOL) ........................................................................................................ 39
Moving Average Convergence/Divergence (MACD) ............................................................... 43
Momentum (MOM) ................................................................................................................... 46
Relative Strength Index (RSI) .................................................................................................... 49
Fast Stochastics (FSTO) ............................................................................................................. 51
Slow Stochastics (SSTO) ........................................................................................................... 54
Volume/Open Interest (VOL/OI) (Stocks only) ......................................................................... 56