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. The standard period for the Aroon Up and Aroon Down is … [Read more...]
Application Of Accumulation /Distribution Index
How Accumulation & Distribution is Calculated in Stock Market ? To calculate Williams' Accumulation/Distribution indicator, first work out the True Range High ("TRH" - the higher of yesterday's close or todays high) and True Range Low ("TRL" - the lower of yesterdays close or todays low). Williams' Accumulation/Distribution is a cumulative total of "X" … [Read more...]
Accumulation/Distribution -Technical Indicator
Overview Accumulation/Distribution Technical Indicator is determined by the changes in price and volume. The volume acts as a weighting coefficient at the change of price — the higher the coefficient (the volume) is, the greater the contribution of the price change (for this period of time) will be in the value of the indicator. In fact, this indicator is a variant of the … [Read more...]
Application of Accumulation Swing Index
How ACC/ Swing Index is used as an application? To use this application , the following formula is used : ' SI(i) = 50*(CLOSE(i-1) - CLOSE(i) + 0,5*(CLOSE(i-1) - OPEN(i-1)) + 0,25*(CLOSE(i) - OPEN(i)) / R)*(K / T) ASI(i) = SI(i-1) + SI(i) Where: SI (i) — current value of Swing Index technical indicator; SI (i - 1) — stands for the value of Swing Index on the previous … [Read more...]
What is ACC/Swing Index ?
Overview The Accumulation Swing Index is a cumulative total of the Swing Index. The Accumulation Swing Index was developed by Welles Wilder.It was created as an ordinary fluctuations indicator that gets signals from previous maximums and minimums of price Interpretation The Accumulation Swing Index attempts to show this phantom line. Since the Accumulation Swing Index … [Read more...]