Indicators

  • Absolute Price Oscillator (APO)

    Description: The Absolute Price Oscillator displays the difference between two exponential moving averages, one fast and one slow.  It's a momentum indicator that can help traders identify potential trend reversals and trade setups. Input Parameters: Fast: Faster moving average. Slow: Slower m...
  • Acceleration Bands

    Description: Acceleration Bands is a momentum indicator that consists of three bands: an upper band, a lower band, and a midpoint. The midpoint is a simple moving average (SMA), typically calculated over a specified period, such as 20 days. The upper and lower bands are derived from the high and...
  • Accumulation/Distribution Line

    Description: Accumulation/Distribution Line is a cumulative volume-based indicator designed to measure the flow of money into and out of an asset, indicating buying or selling pressure.   When the Accumulation/Distribution Line moves in conjunction with price, this is considered to be supportive...
  • Accumulation/Distribution Oscillator

    Description: The Accumulation/Distribution Oscillator is a volume-based indicator that measures underlying supply and demand by calculating a running total of each period’s Money Flow Volume.  The oscillator looks at the difference between a fast and slow moving average of the ADL.  If the oscil...
  • Adaptive Donchian Channel

    Description: The Adaptive Donchian Channel is a new take on an old classic. Donchian Channels are a type of price action indicator that measure the range of price. The top Donchian line is always above the price action while the bottom line is always below it. There is no way for these lines to ...
  • ADX DI

    Description: Combines the Average Directional Index (ADX) with the Directional Movement Indicators (+DI and -DI), offering insights into both trend strength and direction. Input Parameters: Length: Number of periods used in the calculation. Upper: Presets to 35 which represents the upper bound...
  • Alphatrends Anchored VWAP

    Description: Anchored VWAP is a variation of the VWAP indicator that uses a specific time and price level as an anchor point, or starting point, rather than the beginning of the current session or trading day. The anchor point can be a significant high or low point in the price action, a pivot l...
  • Anchored Accumulation/Distribution

    Description: A customized version of the Accumulation/Distribution Line that starts accumulating from a user-defined anchor date, highlighting money flow trends from that point. Input Parameters: Anchor To: determines the location of where you will automatically anchor the starting point. Wind...
  • Anchored OBV

    Description: On-Balance Volume (OBV) anchored from a specific point, providing insight into volume changes relative to a significant event or date.  OBV measures buying and selling pressure by adding or subtracting volume based on whether prices close higher or lower, providing insights into pot...
  • Arnaud Legoux Moving Average (ALMA)

    Description: The Arnaud Legoux Moving Average (ALMA) is designed to reduce lag and increase responsiveness while maintaining a smooth curve. ALMA achieves this by applying a Gaussian filter to the moving average, allowing traders to identify trends and reversals more quickly than with traditiona...
  • Aroon

    Description: Measures the time since the last highest and lowest prices, indicating if a stock is trending or in a range-bound state.  The Aroon indicator consists of two lines.  The Aroon Up is measured as the number of periods since a new high.  The Aroon Low is measured as the number of perio...
  • Aroon Oscillator

    Description: The Aroon Oscillator is a trend-following indicator that utilizes the Aroon Up and Aroon Down indicators to signal the strength of a trend and its potential direction. The oscillator is calculated by subtracting Aroon Down from Aroon Up. Values above zero suggest an uptrend, while v...
  • ATR Normalized

    Description:  The Normalized Average True Range (Normalized ATR) is an indicator used to measure market volatility by normalizing the average true range values. It does this by dividing the Average True Range (ATR) by the asset's closing price, converting it into a percentage. This normalization...
  • ATR Trail Stop

    Description The ATR Trailing Stop is a technical indicator designed to help traders set stop-loss levels based on price volatility. It is derived from the Average True Range (ATR), first introduced by J. Welles Wilder Jr. in 1978. Using the ATR as a trailing stop emerged as a way for traders to a...
  • Average Daily Range Lower

    Description: The Average Daily Range Lower (ADRL) indicator provides traders with insight into the potential lowest price level of a trading instrument within a given timeframe, based on historical daily price ranges. This indicator calculates the average of the difference between the high and l...
  • Average Directional Index (ADX)

    Description The Average Directional Index (ADX) is a technical analysis indicator used to quantify the strength of a trend, irrespective of its direction. Developed by J. Welles Wilder, the ADX is part of the Directional Movement System, which also includes the Positive Directional Indicator (+DI...
  • Average Directional Index Rating (ADXR)

    Description: The Average Directional Index Rating (ADXR) is a component of the Directional Movement System that smoothens the Average Directional Index (ADX) to measure the strength of a trend over time. The ADXR is calculated by taking the average of the current ADX value and an ADX value from ...
  • Average True Range (ATR)

    Description: The Average True Range (ATR) is a technical analysis indicator used to measure market volatility by decomposing the entire range of an asset price for that period. Developed by J. Welles Wilder, the ATR calculates the average of true ranges over a specified period. The true range ext...
  • AVWAP

    Description Anchored VWAP is a variation of the VWAP indicator that uses a specific time and price level as an anchor point, or starting point, rather than the beginning of the current session or trading day. The anchor point can be a significant high or low point in the price action, a pivot le...
  • AVWAP Oscillator (Experimental Indicator)

    This indicator illustrates the degree of support and resistance strength by using a set of VWAPs anchored to Willams Fractals. Green bars: percentage of AVWAPs built off Fractal Highs which are below the price action ("imposing increased support"). Red bars: percentage of AVWAPs built off Fract...
  • Awesome Oscillator

    Description: The Awesome Oscillator is a momentum indicator designed to measure market momentum by comparing recent market movements to historical movements. It calculates the difference between a 34-period and a 5-period simple moving average (SMA) of the bar's midpoints ((high+low)/2). Input ...
  • Balance Of Power

    Description: The Balance of Power (BOP) is a technical indicator used to measure the strength of buyers versus sellers in the market by analyzing how strongly the price has been pushed either upward or downward within a specific period. The BOP oscillates around a zero line, indicating when buye...
  • BB/KC Squeeze

    Description: The BB/KC Squeeze is a valuable technical analysis tool for traders seeking to capitalize on breakout opportunities in tight trading ranges. This indicator combines the volatility and momentum components of Bollinger Bands and Keltner Channels to help traders predict when a price mi...
  • Bollinger Bands®

    Description: Bollinger Bands® are a widely used technical analysis tool traders and investors use to gauge market volatility, identify potential trends, and generate trading signals. Developed by John Bollinger in the 1980s, Bollinger Bands are commonly applied to various financial instruments, ...
  • Bollinger Bands® %B

    Description: Bollinger Bands are a widely used technical analysis tool traders and investors use to gauge market volatility, identify potential trends, and generate trading signals. This is calculated by the closing price relative to these bands.  It quantifies the price's position relative to t...
  • Bollinger Bands Trend Oscillator

    Description: BBTrend is a trend indicator derived from Bollinger Bands® observations. It exploits the convergence and divergence patterns of the upper and lower bands (specifically the 20-day and 50-day bands) to identify trends. In uptrends, upper bands converge while lower bands diverge, and v...
  • Bollinger Bands® Width

    Description: Bollinger Bands Width is a widely used technical analysis tool traders and investors use to gauge market volatility, identify potential trends, and generate trading signals. This is calculated by measuring the distance between the upper and lower bands. Input Parameters: Length: D...
  • Camarilla Pivot Points

    Description: Camarilla pivot points are support and resistance levels used in technical analysis. Calculated based on the previous day's high, low, and close prices, they include levels like R3 (midpoint), R2, and R1 for potential resistance and corresponding S3, S2, and S1 for support. Traders ...
  • Candle Range

    Description: The candle range indicator calculates the average size of both the candle's wick (the difference between the high and low) and body (the difference between the open and close prices) over a specified period of time. This provides traders with information about the typical price move...
  • Chaikin Oscillator

    Description: The Chaikin Oscillator is a versatile technical analysis tool traders and investors use to measure the accumulation and distribution of moving average convergence-divergence (MACD). Developed by Marc Chaikin, this oscillator helps identify potential buying and selling pressure in th...
  • Chaikin Volatility

    Description: Chaikin Volatility, developed by Marc Chaikin, is a technical analysis indicator that measures the spread between a security’s high and low prices over a specified period. It quantifies volatility by looking at the widening or narrowing of the range between the high and the low pric...
  • Chande Absolute Trend Strength

    Description: The Chande Absolute Trend Strength (CHATS) indicator is a breakout-friendly indicator that measures both momentum and trend persistence. CHATS can be used on any exchange, instrument type, and charting interval. The indicator combines 14-day RSI and normalized 100-day returns, and t...
  • Chande Kroll Stop

    Description: The Chande Kroll Stop is a technical indicator designed to help traders manage their risk by identifying optimal stop loss levels for long and short positions. Developed by Tushar Chande and Stanley Kroll, this indicator utilizes the Average True Range (ATR) to account for an asset’...
  • Chandelier Exit Band

    Description: The Chandelier Exit (CE) is a volatility-based indicator developed by Chuck Le Beau that identifies stop-loss exit points for long and short trading positions. The Chandelier Exit is based on the Average True Range (ATR) indicator, which helps traders stay in the trend until a defin...
  • Chandelier Stop Long/Short Anchored

    Description: In the realm of risk management and trading strategies, the chandelier exit has been a popular tool for determining optimal stop-loss levels. Developed by renowned trader Chuck LeBeau, the chandelier exit helps traders identify potential exit points by dynamically adjusting stop-los...
  • Chande Momentum Oscillator

    Description: The Chande Momentum Oscillator (CMO) is a technical momentum indicator developed by Tushar Chande in his 1994 book, “The New Technical Trader.” It is designed to identify overbought and oversold conditions in the market, helping traders determine potential entry and exit points for ...
  • Change%

    Description: Change Percent is a technical analysis term used in financial markets to measure the percentage difference in the price of an asset between the current candlestick and a candlestick X periods ago. It helps traders assess the magnitude of price movement over a specific timeframe, pro...
  • Choppiness Index

    Description: The Choppiness Index is a technical analysis tool developed by Australian commodity trader Bill Dreiss to help traders determine whether a market is trending or ranging. The index measures the volatility of price movements, which can be a helpful indicator for traders and investors ...
  • Commodity Channel Index

    Description: The Commodity Channel Index (CCI) is a versatile indicator that can be used to identify new trends or warn of extreme conditions. Developed by Donald Lambert, it measures the variation of a security's price from its statistical mean. High values show that prices are unusually high c...
  • Connors RSI

    Description: Connors RSI (CRSI) is a momentum oscillator developed by Larry Connors and the team at Connors Research. The primary purpose of this technical analysis indicator is to identify overbought and oversold conditions in shorter trading timeframes. It aims to improve the traditional 14-pe...
  • Coppock Curve

    Description: The Coppock Curve is a long-term price momentum indicator used primarily to recognize major downturns and upturns in a stock market index. Developed by economist Edwin Coppock in the late 1960s, the indicator aims to provide a reliable tool for identifying potential buying opportuni...
  • Date & Time

    Description: The Date & Time function serves as a valuable tool in trading scripts, aiding in the determination of entry and exit points based on specific time conditions, thus enhancing the precision of trade execution strategies. Definitions: Time: Specify the entry time in military form...
  • Departure Chart

    Description: The Departure Chart is a classic technical analysis tool that helps traders and investors identify market trends by comparing two moving averages of different timeframes. It is handy for determining overbought and oversold conditions in the market. Input Parameters: Fast: Moving a...
  • Detrended Price Oscillator

    Description: The Detrended Price Oscillator (DPO) is a technical analysis tool developed by William Blau in 1991 and designed to eliminate long-term trends in asset prices by using a displaced moving average. This method allows the DPO to focus on intermediate overbought and oversold levels with...
  • Directional Movement Index

    Description The Directional Movement Index (DMI) is a reliable technical indicator that assesses both the power and course of price movements, effectively minimizing false signals. Introduced by J. Welles Wilder Jr. in 1978, the DMI is a helpful instrument for traders and investors aiming to exa...
  • Donchian Channel

    Description: Donchian Channels are a technical indicator developed by Richard Donchian, a renowned futures trader and pioneer in trend following. Comprised of three bands – upper, lower, and median – Donchian Channels help traders identify trends and potential breakout or reversal points in the ...
  • Donchian Channel Width

    Description: Donchian Channel Width is a technical indicator developed by Richard Donchian, is a technical indicator that measures the difference between the upper and lower bands of Donchian Channels, providing insights into market volatility and potential trend strength. Input Parameters: Le...
  • Double Smoothed Stochastic (Blau and Bresset)

    Description: The Double Smoothed Stochastic, developed by Dr. Alexander Elder, refines the traditional stochastic oscillator by employing two smoothing processes. It begins by calculating the %K line using the standard stochastic formula, comparing the current closing price to the high and low p...
  • Ease of Movement Index

    Description: The Ease of Movement Index (EMV) is a technical analysis indicator measuring the relationship between an asset’s price change and trading volume. Developed by Richard W. Arms, Jr., the EMV highlights the strength of a trend by correlating price changes to volume levels. Input Param...
  • Elder Ray Index

    Description: The Elder Ray Index is a technical indicator developed by Dr. Alexander Elder in 1989. This indicator measures a market’s buying and selling pressure to help traders identify potential trends and reversals. Input Parameters: Length: Number of periods used in the calculation. Price...
  • Elder's Force Index

    Description: Elder’s Force Index (EFI) is a technical indicator designed to measure a stock’s current buying and selling activity. Developed by Dr. Alexander Elder, a renowned author, and trader, this indicator helps traders identify the trend direction by evaluating the buying and selling press...
  • Envelope

    Description: The Envelope Indicator is a popular technical analysis tool traders and investors use to identify potential trading opportunities in the financial markets. It helps to determine overbought and oversold conditions, trend direction, and possible support and resistance levels. Input P...
  • Exponential Moving Average

    Description: The Exponential Moving Average (EMA) is a commonly used technical analysis indicator in trading. Moving averages are mathematical calculations that smooth price action by averaging the price of an asset over a period of time. They are important tools for traders as they help to iden...
  • Fibonacci Bollinger Bands

    Description: Fibonacci Bollinger Bands are a variation of the standard Bollinger Bands, incorporating Fibonacci ratios to set the band widths instead of the standard deviation. This method adjusts the distance of the bands from the central moving average based on Fibonacci levels, typically incl...
  • Fisher Transform

    Description: The Fisher Transform is a technical analysis indicator developed by John F. Ehlers, an accomplished engineer and author in the field of market analysis. This innovative indicator aims to convert price data into a Gaussian normal distribution, making it easier for traders and investo...
  • Forecast Oscillator

    Description: One of the most popular and effective oscillators is the Forecast Oscillator, developed by Tushar Chande to identify market trends and provide insights into price movements. Input Parameters: Length: Number of periods used in the calculation. Price Source: The specific data points...
  • Fractal Trendlines

    Description: Fractal Trendlines are a technical analysis tool used to identify patterns in price movements that repeat themselves at different scales or timeframes. These patterns exhibit self-similar structures, meaning they appear similar regardless of the timeframe being analyzed. Traders use...
  • Gap Detector

    Description: The Gap Detector is a technical analysis tool designed to identify price gaps in the trading chart. Gaps occur when the price jumps significantly between two consecutive trading periods without any trading in between, often indicating a sudden shift in market sentiment. This tool au...
  • Gap Proximity

    Description: Gap Proximity is a technical indicator that measures how close the current price is to historical price gaps. This tool helps traders identify potential areas of support or resistance that may occur near these gaps, as gaps can often act as psychological barriers or targets in marke...
  • Geometric Moving Average

    Description: The Geometric Moving Average (GMA) is a statistical tool used to analyze time series data by calculating the average value of a set of data points over a specified period. Unlike the Simple Moving Average (SMA), which treats all data points equally, the GMA assigns greater weight to...
  • Go No Go

    Description: The GoNoGo Trends indicator blends robust statistical tools into a simple color-coded bar chart of a security’s price according to the strength of its trend. Input Parameters: n/a Legend Purple: Strong No-Go (Indicators contained within are flashing a strong ‘do not go long’ sig...
  • Guppy Multiple Moving Average

    Description: The Moving Average Guppy is a technical analysis indicator that combines multiple exponential moving averages (EMAs) of different timeframes to identify trends and generate trading signals. The strategy is named after its creator, Daryl Guppy, who designed it to reduce noise and pro...
  • Hilbert Transform

    Description: The Hilbert Transform Moving Average (HTMA) is a technical analysis tool designed to overcome the limitations of traditional moving averages. Unlike traditional moving averages that use fixed periods, the HTMA adjusts its smoothing period based on the volatility of the market. This ...
  • Historical Volatility Ratio

    Description: The Historical Volatility Ratio is an essential tool used by investors and traders to measure the volatility of a financial instrument over a specific period. The ratio is beneficial in identifying potentially explosive market moves by comparing short and long-term historical volati...
  • Hull Moving Average

    Description: The Hull Moving Average (HMA) is a technical analysis tool created by Alan Hull in 2005 that traders use to identify trends and potential trading opportunities. It is a variation of the traditional moving average that reduces lag and provides more accurate trend identification. The ...
  • Ichmoku Cloud

    Description: The Ichimoku Cloud, also known as the Ichimoku Kinko Hyo, is a popular and comprehensive technical indicator that provides traders with a visual representation of support and resistance levels, market trends, and potential buy and sell signals. Input Parameters: Tekan Length: Repr...
  • Indicator Definitions

    Absolute Price Oscillator (APO) The Absolute Price Oscillator displays the difference between two exponential moving averages of a security’s price and is expressed as an absolute value. Trading signals are generated when the indicator crosses the zero-line or when there is a divergence between ...
  • Intraday Intensity Index

    Description: The Intraday Intensity Index (III), also known as the Accumulation/Distribution Index, is a technical indicator developed by Dave Bostian measuring intraday price movements and volume of a security. It seeks to provide insights into the buying and selling pressure experienced by the...
  • Intraday Intensity Index (Bostian)

    Description: The Intraday Intensity Index, developed by David Bostian, is a volume-based technical indicator that helps gauge the flow of funds for a given stock relative to its price movement. It compares the closing price to the range (high-low) of a session, multiplied by volume, to assess bu...
  • Intraday Intensity Percent

    Description: The Intraday Intensity Percent (IIP) is a technical analysis indicator designed to measure security’s buying and selling pressure during a specified period. Often referred to as the Money Flow Percent, it provides insight into the accumulation and distribution of a security by analy...
  • Kaufman Adaptive Moving Averages

    Description: The Kaufman Adaptive Moving Average (KAMA) is a technical analysis indicator developed by the American quantitative financial theorist Perry J. Kaufman in 1998. KAMA is a trend-following indicator that uses a series of calculations to adapt to market conditions and reduce noise. KAM...
  • KDJ

    Description: The KDJ indicator, derived from the stochastic oscillator, comprises three lines: K, D, and J. K represents the ratio of the closing price's distance from the lowest low to the highest high over a specified period, usually nine periods. D is a three-period simple moving average of K...
  • Keltner Channel

    Description: The Kelter Channel, named after its creator Chester W. Keltner, is a technical indicator widely used in financial analysis to identify trends and potential reversals in stock prices. Consisting of a middle line typically representing a moving average, and upper and lower channel lin...
  • Klinger Oscillator

    Description: The Klinger Oscillator is a technical analysis tool used in financial markets to measure the difference between two exponential moving averages (EMAs) of volume, aiming to identify potential changes in trend momentum. By comparing short-term and long-term volume trends, it helps tra...
  • Know Sure Thing

    Description: The Know Sure Thing (KST) indicator, developed by Martin Pring, amalgamates four smoothed price indicators to offer insights into market momentum and potential trend shifts. Comprising Rate of Change (ROC), Weighted Moving Average (WMA), Simple Moving Average (SMA), and Double Smoot...
  • Lane’s Stochastic Oscillator

    Description The Stochastic Oscillator is a technical analysis tool used to measure momentum and identify potential trend reversals in financial markets. It was developed in the late 1950s by George Lane, a prominent technical analyst. Input Parameters %K: The current price of the security, rep...
  • LBR 3-10 Oscillator

    Description: The LBR 3-10 Oscillator is a technical analysis tool that uses two moving averages (3-period and 10-period) to identify potential market trends and reversals. Traders watch for crossover points and divergences between the oscillator line and the price chart to signal buying or selli...
  • Least Squares Moving Average

    Description: The Least Squares Moving Average (LSMA) is a technical analysis tool used by traders to identify trends and potential trading opportunities. LSMA is a variation of the traditional moving average that minimizes the effect of price outliers and provides more accurate trend identificat...
  • Linear Regression

    Description: Linear Regression is a statistical technique used to model the relationship between a dependent variable and one or more independent variables. Financial markets often use it to analyze price trends and forecast future price movements based on historical data. By fitting a straight ...
  • Linear Regression Intercept

    Description: Linear Regression Intercept (LRI) is a statistical method used to forecast future values based on past data. Financial markets frequently employ it to identify the underlying trend and determine when prices are overextended. Linear regression utilizes the least squares method to cre...
  • Linear Regression R-Squared

    Description: The Linear Regression R-Squared indicator is a statistical regression model that measures the variance between a dependent variable and an independent variable. In trading, this is calculated using the relationship between price and time. It abstracts the movement and the linear reg...
  • Linear Regression Slope

    Description: Linear Regression Intercept (LRI) is a statistical method used to forecast future values based on past data. Financial markets frequently employ it to identify the underlying trend and determine when prices are overextended. Linear regression utilizes the least squares method to cre...
  • MACD

    Description: The Moving Average Convergence Divergence (MACD) is a momentum oscillator widely used in technical analysis to evaluate the relationship between two moving averages of a security’s price. The MACD is designed to reveal changes in a trend’s strength, direction, and duration in a fina...
  • MA Distance%

    Description: The MA distance% indicator measures the percentage difference between an asset's current price and its moving average over a specified period. It helps traders identify potential overbought or oversold conditions: a high positive percentage suggests overbought conditions, possibly s...
  • MA Ribbon by Steve Burns

    Description: The MA Ribbon is a technical analysis tool developed by Steve Burns, a trader and author known for his expertise in trading strategies. The MA Ribbon is based on moving averages (MAs), which are used to smooth out price data and identify trends. The MA Ribbon consists of multiple mo...
  • Mass Index

    Description: The Mass Index Indicator is a technical analysis tool designed to predict trend reversals by analyzing changes in the price range of a financial asset. Donald Dorsey developed this indicator based on the idea that a reversal is likely when the price range expands or contracts signif...
  • McGinley Dynamic

    Description: The McGinley Dynamic Moving Average (MDMA) is a technical analysis indicator designed by market technician John R. McGinley in 1990. It is a unique moving average that is designed to be more responsive to price movements compared to traditional moving averages. Unlike other moving a...
  • MESA Adaptive Moving Average

    Description: The MESA Adaptive Moving Average (MAMA) is a technical analysis indicator that is designed to respond to changing market conditions and reduce lag in trend identification. Developed by John F. Ehlers in 2001, the MAMA is based on the concept of the Maximum Entropy Spectral Analysis ...
  • Midpoint Over Period

    Description: The Midpoint Over Period (MOP) indicator is a technical analysis tool that evaluates the average price movement by calculating the midpoint between the highest and lowest points over a specified period. This indicator aims to provide a smoother representation of price action, avoidi...
  • Momentum

    Description: A momentum oscillator is a technical analysis tool that is used to identify the strength or weakness of a particular trend in the market. It measures the rate of change in price movements over a specific period of time and compares them to previous price movements. The oscillator ge...
  • Money Flow Index

    Description: The Money Flow Index (MFI) is a technical oscillator designed by Quong and Avrum Soudack to identify overbought or oversold signals in an asset using price and volume data. Input Parameters: Length: Number of periods used in the calculation. Upper: Presets to 80 which represents t...
  • Moving Average Cloud

    Description: The Moving Average Cloud is a technical analysis tool used in trading to identify trends and potential trading opportunities. It visualizes multiple moving averages plotted on a price chart, forming a “cloud” of support and resistance levels. The Moving Average Cloud can help trader...
  • Moving Average Ribbon

    Description The Moving Average Ribbon is a technical analysis tool used in trading to identify trends and potential trading opportunities. It is a visual representation of multiple moving averages plotted on a price chart, forming a ribbon-like pattern. The ribbon is formed by plotting multiple ...
  • Moving Average with Variable Period

    Description: Moving Average with Variable Period (MAVP) is a valuable tool for smoothing out price movements. Unlike traditional Moving Averages (MA), MAVP is dynamic in nature and adjusts its period according to market volatility, which means the tool can adapt to changing market conditions. Wh...
  • Moving Standard Deviation

    Description: Moving Standard Deviation (MSD) is a popular technical analysis tool used by traders to measure the volatility of an asset’s price. MSD is a statistical measure that calculates the standard deviation of a specific period’s price data. It is known as “moving” because it is constantly...
  • Negative Volume Index

    Description: The Net Volume Index (NVI) is a technical indicator used in financial markets to gauge the strength of price trends. Developed by Walter Schloss, it operates on the principle that volume often precedes price movement. Calculated by starting with a base value, typically 1000, and adj...
  • Net Volume

    Description: Net volume in technical analysis refers to the calculation derived from subtracting the volume of shares traded at the bid price from those traded at the ask price. This metric provides insights into the prevailing buying or selling pressure in the market. A positive net volume sugg...
  • On Balance Volume

    Description: The On Balance Volume (OBV) is a technical analysis indicator that measures the volume of a security and uses this information to predict future price movements. The main premise behind OBV is that volume precedes price, and changes in volume can be a strong indication of future pri...
  • Order Blocks

    Description: Order Blocks by SonarLabs are strategic zones within price action where substantial buy or sell orders from major market players like institutional traders, hedge funds, and banks are believed to have been previously placed. These regions exert significant influence on price movemen...
  • Order Blocks Proximity

    Description: The Order Blocks Proximity indicator is a valuable tool in trading platforms enabling traders to identify significant levels of buying or selling activity based on clusters of orders or "blocks" at specific price levels. By marking these zones on a price chart and measuring the prox...
  • Parabolic SAR

    Description: The Parabolic SAR (Stop and Reverse) is a technical analysis indicator developed by J. Welles Wilder. The Parabolic SAR aims to determine the direction of an asset’s price movement and identify potential reversals in the market. The indicator is particularly useful in trending marke...
  • Percentage Price Oscillator

    Description: The Percentage Price Oscillator (PPO) is a technical indicator that measures the difference between two moving averages as a percentage of the larger moving average. It is used to identify price trend direction, momentum, and potential buy and sell signals. This article provides an ...
  • Percentage Volume Oscillator

    Description: The Percentage Volume Oscillator (PVO) is a powerful tool in technical analysis, providing traders with insights into the momentum of volume changes within a security. Comprising short-term and long-term volume moving averages, the PVO calculates the percentage difference between th...
  • Percentile Line

    Description: A percentile line is a tool used to assess the relative position of a data point within a specified historical dataset. Typically applied in financial markets, this indicator represents the percentile rank of a current value compared to past observations within the same timeframe. F...
  • Pivot Points Daily

    Description: Pivot Points are a widely used technical analysis tool that helps traders identify potential areas of support and resistance in the market based on the average of the high, low, and closing prices of the previous day. FPivot points are commonly used to analyze price action and forec...
  • Polychromatic Momentum Oscillator (PMO)

    Description: The Polychromatic Momentum Oscillator (PMO) is a technical analysis indicator designed to assess the momentum of a financial asset. Developed by Carl Swenlin, it combines multiple exponential moving averages (EMAs) applied to the rate of change (ROC) of an asset's price over a speci...
  • Positive Volume Index

    Description: The Positive Volume Index (PVI) is a technical indicator designed to gauge bullish sentiment in the stock market by tracking days where trading volume increases compared to the previous day. Developed by Norman Fosback, the PVI calculates a cumulative index value based on days with ...
  • Pressure/Response

    Description: The Pressure/Response indicator is a sophisticated tool designed to analyze market dynamics by comparing price action with underlying buying and selling pressures. The blue line represents the Response, which is smoothed using an Exponential Moving Average (EMA) with a length of 5 t...
  • Price Compare

    Description: The price comparison indicator is a tool used to compare the price movements of different financial instruments or assets over a specified period. It allows traders and investors to visually assess the relative strength or weakness of one asset compared to another, typically by plot...
  • Price Momentum Oscillator

    Description: The Price Momentum Oscillator (PMO) is a technical analysis tool that measures the momentum of a security's price movements over a specific period. It compares a longer-term moving average to a shorter-term moving average, with the difference smoothed using a Signal Line. When the P...
  • Quant/Qualit Estimation

    Description: The "Quant/Qualit Estimation Definition Indicator" within the framework of Wilder's Relative Strength Index (RSI) denotes a methodological tool for categorizing RSI analyses into quantitative and qualitative dimensions. Quantitative estimation involves the numerical computation of R...
  • Range

    Description: The Range indicator is a tool utilized to evaluate the trading range or price movement of a security within a specific timeframe by using a number of candles, aiding in the assessment of market volatility and potential trading opportunities. This is best if used within scripting in ...
  • Range/Previous Session

    Description: This indicator compares the price range of the current session with that of the previous session. It provides insights into the extent of price movement within a single trading day relative to the previous day's range. A wider range compared to the previous session may indicate incr...
  • Range/Today's Opening

    Description: This indicator compares the high and low range of today’s opening candle. It provides insights into the extent of price movement within a single trading day relative to the first candle. A wider range compared may indicate increased volatility or momentum, while a narrower range cou...
  • Rate of Change

    Description: The Rate of Change (ROC) indicator, also known as Momentum, is a pure momentum oscillator that helps traders identify the speed at which the price of a security is changing. It was developed by Fred G. Schutzman and introduced in the 1950s. Input Parameters: Length: Number of peri...
  • Relative Strength

    Description: Relative Strength analysis is a powerful tool used by traders and investors to identify potentially profitable investments. This analytical method compares the performance of a given security to a benchmark or to the performance of other securities in the same industry or sector. By...
  • Relative Strength Index

    Description: The Relative Strength Index (RSI) is a tool that  measures the momentum and strength of price movements, helping traders and investors identify overbought and oversold conditions, potential trend reversals, and suitable entry and exit points. As a momentum oscillator, the RSI oscill...
  • Relative Trend Index

    Description: The Relative Trend Index (RTI) is a technical analysis tool designed to measure the strength and direction of a trend. It combines elements of both momentum and trend-following indicators to provide a comprehensive view of the market's current trend status. The RTI oscillates around...
  • Relative Vigor Index

    Description: The Relative Vigor Index (RVI) is a technical indicator used to identify the direction of an asset’s momentum and measure its strength. Although the creator of the Relative Vigor Index is unknown, its design is very similar to stochastics, except the closing price is compared to the...
  • Relative Volatility Index

    Description: The Relative Volatility Index (RVI) is a technical indicator developed by Donald Dorsey, who believed that a single technical indicator could not provide a comprehensive picture of market movements. It serves as a helpful tool for traders who aim to enhance the accuracy of their tra...
  • Relative Volume

    Description The Relative Volume (RVOL) indicator is a volume-based technical analysis tool that compares the volume of a given price bar to the average volume over a specified number of prior bars. RVOL measures the significance of volume changes, highlighting situations where trading activity i...
  • Repainting indicators and offsets

    Most of indicators only use past candles when being computed. In example, in order to compute an SMA(20) at a candle X we'll use use 20 candles, from X-19 to X. That's a natural kind of behavior for a lot of indicators. However, some indicators differ from that in a big way. In order to compute a...
  • RSI with Bollinger Bands

    Description: RSI with Bollinger Bands is an innovative technical indicator combining two popular tools in the world of trading and investing: the Relative Strength Index (RSI) and Bollinger Bands. The “RSI with Volatility Bands” indicator provides traders a unique way to identify potential marke...
  • Schaff Trend Cycle

    Description: The Schaff Trend Cycle (STC) indicator is a technical analysis tool that combines elements of moving averages and the stochastic oscillator to identify market trends and potential reversals. It oscillates between 0 and 100, with levels above 70 indicating bullish momentum and levels...
  • Sequential Count

    Description: The TD Sequential is a powerful technical analysis tool designed to identify the exact time of trend exhaustion and potential price reversals. Tom DeMark introduced it in his book, “The New Science of Technical Analysis” (1994). As a counter-trend tool, the TD Sequential aims to sol...
  • Simple Moving Average

    Description: The Simple Moving Average (SMA) is a popular technical analysis tool used by traders to analyze price trends of an asset over a specified period. It is a statistical measure that calculates the average price of an asset over a given period, with each data point equally weighted. The...
  • SMI Ergodic Oscillator

    Description The SMI Ergodic Oscillator (SMIEO) is a technical analysis tool that helps traders and investors identify potential trends and reversals in financial markets. It is based on the SMI Ergodic Indicator, which in turn, is a refinement of the True Strength Index (TSI) developed by Willia...
  • Smoothed Moving Average

    Description: The Smoothed Moving Average (SMA) is a technical analysis tool used by traders to analyze price trends of financial assets. It is a variant of the Simple Moving Average (SMA) that uses a longer period and applies more weight to recent data points, smoothing out the price movements a...
  • Spearman

    Description: The Spearman technical trading indicator, named after Charles Spearman, is a powerful tool used in financial markets to identify trends and potential reversals. It is based on the rank correlation coefficient, which measures the strength and direction of the relationship between two...
  • Stochastic

    Description The Stochastic is a technical analysis tool first developed by George Lane in the 1950s. It is an oscillator-type indicator, which means that it oscillates between two extreme values, indicating whether the market is overbought or oversold. The Stochastic Indicator measures the marke...
  • Stochastic Momentum Index

    Description: The Stochastic Momentum Index (SMI) is a technical analysis tool first developed by George Lane in the 1950s. The stochastic oscillator is used to measure the strength of an asset’s price trend, and it is based on the premise that a price trend is more likely to continue than to rev...
  • Stochastic RSI

    Description: The StochRSI is a momentum indicator that combines two well-known technical indicators, the Relative Strength Index (RSI) and the Stochastic Oscillator. It was developed by Tushar S. Chande and Stanley Kroll and was first described in their book “The New Technical Trader,” published...
  • Stroller Average Range Channel

    Description: The Stroller Average Range Channel is a technical analysis tool used in financial markets to identify potential trading opportunities based on price movements within a defined range. It consists of two parallel lines drawn above and below a moving average, typically the 20-period ex...
  • Super Trend

    Description The SuperTrend Indicator is a technical analysis tool designed by Olivier Seban. It is used to identify market trends and potential entry and exit points in trading. The indicator is based on two dynamic values, period and multiplier, and incorporates the concept of Average True Rang...
  • TheStrat

    Description: The world of trading is constantly evolving, and traders are always on the lookout for new strategies to help them navigate the markets. One such strategy that has gained popularity in recent years is #TheStrat. #TheStrat is a unique trading approach that combines technical analysis...
  • Time Weighted Average Price

    Description: Time-weighted average price (TWAP) is an indicator used as part of an algorithm by traders and investors to execute large orders in the market without significantly affecting the market price. Input Parameters: Price Source: The specific data points (such as open, high, low, or cl...
  • Traders Dynamic Index

    Description: The Trader's Dynamic Index (TDI) is a multifaceted technical analysis indicator employed in financial markets, particularly in forex trading, to discern trends, potential reversals, and overbought or oversold conditions. Integrating elements such as the Relative Strength Index (RSI)...
  • TradingWarz Golden

    Description: The TradingWarz Golden Indicator is a multifaceted tool designed to augment trading analysis with its unique visual components. Incorporating vertical highlight areas, volatility bands, and specific candlestick patterns like Outside Bars (OB) and Inside Bars (IB), this indicator off...
  • Trailing Stop Long/Short Anchored

    Description: The anchored trailing stop is an enhancement of the traditional trailing stop that offers traders a range of manual and automatic anchoring options for increased precision in risk management. This functionality allows traders to anchor the trailing stop to specific candles or automa...
  • Triangular Moving Average

    Description: The Triangular Moving Average (TMA) is a smoothed moving average that places a greater weight on the middle data points of the price series. It is the result of a double-smoothed simple average: first, the simple moving average (SMA) is calculated over a specified period; then, anot...
  • TRIX

    Description: The TRIX indicator is a momentum oscillator that shows the rate of change of a triple exponentially smoothed moving average of the closing price. It is designed to filter out insignificant price movements and highlight the underlying trend by eliminating market noise. The triple smo...
  • True Strength Index

    Description: The True Strength Index (TSI) is a momentum oscillator that helps identify trend direction and reversals. It combines price momentum with the direction of the price movement and is smoothed to filter out market noise. The TSI is calculated by taking the double-smoothed price change'...
  • TW Pivot

    Description: The TW Pivot indicator by Theta Warrior is a comprehensive tool designed to assist traders in identifying potential price reversals by leveraging the concept of price reversion to the mean. Through its combination of red and green histogram bars, dynamic oscillation reflecting price...
  • Ulcer Index

    Description: The Ulcer Index is a technical indicator used in financial analysis to quantify the downside volatility of an asset or market. By measuring the percentage drawdowns from the highest high over a specified period, squaring these drawdowns, and averaging them out, it provides a numeric...
  • Ultimate Oscillator

    Description: The Ultimate Oscillator is a technical analysis tool widely used by traders and investors since its development in 1976 by Larry Williams. This indicator measures the price momentum of an asset across multiple timeframes and is based on the concept of divergences. In this article, w...
  • Using Dots Indicator by IntroMoto

    The Dots Indicator by Intromoto shows input levels of RSI, i.e. commonly considered "overbought" or "oversold" levels, across multiple simultaneous periods. The traders can utilize the signals generated by this indicator to determine potential position size and when to 'fade' moves, or to positio...
  • Variable Index Dynamic Average

    Description: The Variable Index Dynamic Average (VIDYA) is a dynamic technical analysis indicator designed to adapt its smoothing factor based on market volatility, offering traders a more responsive moving average that reflects current market conditions. Developed by Tushar Chande, VIDYA calcul...
  • Vertical Horizontal Filter

    Description: The Vertical Horizontal Filter (VHF) is a technical analysis tool developed by Adam White to help traders and investors identify trending and ranging market conditions. It measures the level of trend activity in a financial market by comparing the price range over a specific period ...
  • Volatility Stop

    Description: The Volatility Stop indicator is a technical analysis tool traders use to manage risk, define potential stop loss points, and identify prevailing trends. It incorporates the Average True Range (ATR) to determine the optimal level for exiting long and short trades. Although not speci...
  • Volatility Stop Long/Short Anchored

    Description: An anchored volatility stop is an advanced risk management tool that allows traders to set stop levels based on specific reference points in the market. This technique provides greater precision and flexibility in managing risk compared to traditional volatility stops. The anchored ...
  • Volume By Price

    Description: The Volume-by-Price Indicator (VBP) is a technical analysis tool that combines price and volume data to help traders and investors identify key price levels where significant trading activity has occurred. Paul Dysart developed this indicator in the 1930s, and traders have widely us...
  • Volume (Lower)

    Description: Trading volume is a critical indicator of market activity that is closely monitored by traders and investors alike. Understanding trading volume can provide valuable insights into market trends, investor sentiment, and potential trading opportunities. Input Parameters: MA Length: ...
  • Volume MACD

    Description: The Volume MACD, an extension of the traditional MACD indicator, incorporates volume data alongside price movements to offer a more comprehensive analysis of market dynamics. By integrating volume information, it enhances the MACD's ability to identify changes in buying and selling ...
  • Volume Price Trend

    Description: The Volume Price Trend (VPT) indicator, developed by Buff Dormeier, is a technical analysis tool that assesses the relationship between price and volume in the stock market. Calculated by cumulatively adjusting volume based on price movements, it reveals whether volume precedes pric...
  • Volume Rate Of Change

    Description: The Volume Rate Of Change (VROC) serves as a momentum indicator, quantifying the percentage change in trading volume over a specified period. This metric offers traders a glimpse into the strength of price trends by examining shifts in trading activity. A positive VROC indicates inc...
  • Volume Spikes

    Description: The volume spikes indicator in technical trading is a tool used to pinpoint significant deviations in trading volume from its typical levels within a specified timeframe. By comparing current volume to historical averages or predefined thresholds, traders can quickly identify period...
  • Volume Weighted Average Price

    Description: The VWAP, or Volume Weighted Average Price, is a godsend for traders constantly looking to improve their performance. It’s a technical analysis indicator that takes into account both price and volume, providing a more nuanced understanding of an asset’s true average price over a giv...
  • Volume Weighted Average Range

    Description: The Volume Weighted Average Range (VWAR) by Donovan Wall is a multifaceted indicator that builds upon a conventional VWAP, adjusting its color based on the price's position relative to the VWAP. It incorporates the volume-weighted average range to gauge the typical price range, adju...
  • Volume Weighted Moving Average

    Description: The Volume Weighted Moving Average (VWMA) is a technical analysis indicator that calculates the average price of a security over a specified period, with each data point weighted by its corresponding trading volume. Unlike traditional moving averages, VWMA gives greater importance t...
  • Vortex

    Description: The Vortex Indicator is a technical analysis tool developed by Etienne Botes and Douglas Siepman, designed to detect the beginning of new trends or the continuation of existing trends in financial markets. Introduced in the January 2010 issue of Technical Analysis of Stocks & Co...
  • VWAP with St.Dev Bands

    Description: The Volume Weighted Average Price (VWAP) with Standard Deviation Bands is a technical analysis tool that combines the VWAP indicator with standard deviation bands to provide traders with insights into price volatility and potential reversal points. The VWAP is calculated by multiply...
  • Weighted Moving Average

    Description: The Weighted Moving Average (WMA) is a commonly used technical analysis tool in the financial markets. It is a variant of the Simple Moving Average (SMA) and the Exponential Moving Average (EMA) that gives more weight to recent data points to produce a smoother line and a more accur...
  • Welles Swing Index

    Description: The Welles Swing Index, developed by Welles Wilder, is a technical indicator designed to evaluate price change direction and price strength in relation to price swings. Input Parameters: n/a Use Case: Short-Term Intraday Trading: Since the Swing Index focuses on the last two bar...
  • Wick Oscillator

    Description: The Wick Oscillator is a technical tool utilized in financial markets to gauge potential trend reversals by analyzing candlestick wicks, which depict the price range within a given period. By calculating the difference between the highs and lows of consecutive candlesticks, the osci...
  • Wick Sniper

    Description: The Wick Sniper is a technical trading indicator that focuses on identifying price reversals and potential trend shifts in financial markets. It primarily analyzes candlestick charts, paying close attention to the length and direction of wicks (the thin lines extending from the body...
  • Wilder’s Moving Average

    Description: Wilder’s Moving Average is a technical analysis tool used to identify trends and potential entry and exit points in the financial markets. Developed by J. Welles Wilder, Jr. the Wilder’s Moving Average places more emphasis on recent price movements than other moving averages. This m...
  • Williams Alligator

    Description: The Williams Alligator Indicator is a technical trading tool created by legendary trader Bill Williams. It is based on the relationship between three separate moving averages and was designed to help traders identify when a given market has begun to trend. At its core, the indicator...
  • Williams Fractal AVWAPs

    Description: The Williams Fractal Adaptive Volume Weighted Average Price (AVWAP) is a technical indicator that combines elements of fractal geometry, volume analysis, and moving averages to provide traders with a comprehensive view of price trends. Unlike traditional VWAP indicators, which calcu...
  • Williams Fractal Envelope

    Description: The Williams Fractal Envelope is a technical analysis tool developed by trader and author Larry Williams. It is designed to identify potential reversal points in a financial market's price action. The concept is based on fractals, which are patterns that repeat themselves at differe...
  • Williams %R

    Description: The Williams %R Range, also known as the Williams Percent Range, is a momentum indicator that oscillates between 0 and -100. It is designed to measure overbought and oversold levels in financial markets. Developed by Larry Williams, this indicator compares a stock’s closing price to...
  • Woodies CCI

    Description: Woodies CCI is a technical analysis indicator developed by Ken Woods, building upon the principles of the original Commodity Channel Index (CCI) created by Donald Lambert in 1980. The Woodies CCI is an oscillator that measures a security’s price deviation from its statistical mean, ...
  • Zero-Lag Exponential MA

    Description: The Zero Lag Exponential Moving Average (ZLEMA) is a technical analysis indicator that is used to smoothen out price fluctuations and provide traders with a clearer view of market trends. Unlike traditional moving averages, the ZLEMA uses a complex formula that minimizes lag and pro...
  • Zig Zag

    Description: The Zig Zag Indicator, designed to identify and underscore pivotal price patterns, serves as an invaluable tool in technical analysis. By adeptly filtering out inconsequential market fluctuations, it guarantees that traders and investors are presented with a more transparent and una...