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...]
The Ultimate Oscillator
The Ultimate Oscillator combines a stock's price action during 3 different time frames into one bounded oscillator. These 3-time frames are short, intermediate, and long term market cycles - or 7, 14 and 28-period. This Oscillator was created by Larry Williams.It's important to remember that all these time periods overlap - the 28-period time frame comprises the 14-period time … [Read more...]
McClellan Oscillator (McClellan Osc) Explained
McClellan oscillator is developed by Sherman and Marian McClellan.It represents the total difference of the advancing and declining issues on the New York Stock Exchange.McClellan oscillator is a breadth indicator and is based on the advancing and declining issues.It finds out the extent of the involvement in the stock market fluctuations through declines and advances. A big … [Read more...]