The TRIX is a momentum indicator, that is displayed as an oscillator above and below a zero line. As a momentum indicator, this oscillator is based on smoothed moving averages and their momentum to avoid insignificant daily price movements and to aid timing. It compares two triple smoothed exponential moving averages, and displays the difference as a single line with positive … [Read more...]
Archives for March 2010
Stochastic FAST
Stochastics are an oscillator. They consist of two curves called the %K line and the %D line, and are controlled through two parameters, n and m, specifying a number of periods. Both the %K and %D lines are plotted on a scale of 0 to 100. They measure where the closing price is in relation to the total price range of the selected number of periods. It is based on the … [Read more...]
Linear Regression Channels (LRC)
A Linear Regression Channel is a indicator used to determine the trend a security is developing and the most probable price range that will take place within that trend. The idea of the Linear Regression Channel 50% is close to the Linear Regression Channel but the upper and lower lines are drawn at the distance of one, not of two, standard deviation from the Linear Regression … [Read more...]
Bullish Bearish Indicator – how to use it
Bullish Bearish Indicator shows the relation between bullish and bearish indicators. Higher readings shows that the market is too bullish hence shall be market top and not a sign for buy. Similarly lower readings shows the market is too bearish hence shall be market bottom which will provide opportunity to buy. The Indicator shows the percentage of Bullish and Bearish market … [Read more...]
Nifty Levels for 31st March 2010
Please find the correct levels for nifty The Nifty Levels for 31st March 2010 are First Resistance = 5310 First Support =5242 Second Resistance =5355 Second Support =5218 Breakout above = 5378 Break down Below =5174 The above levels are for intraday only For Sure Shot pack and good Gains in Nifty Please visit Nifty Live Charts.com … [Read more...]