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...]
Volume Rate of Change (VROC)
Volume Rate of Change (VROC), is an important indicator of gauging an instrument's volume changes. It mathematically resembles Price ROC but indicates the ROC of the security's volume and not its closing price. The Volume ROC demonstrates the speed at which volume is shifting. This can turn out to be rather helpful as almost each essential chart formation, such as peaks, … [Read more...]
Relative Momentum Index : The Basic Concept
The Relative Momentum Index function determines the internal momentum of a field using the number of upward and downward price changes across a given number of bars over a given period of time. The Relative Momentum Index is based on a ratio of the average upward changes to the average downward changes over a given period of time. The individual changes are calculated for … [Read more...]