The RSI technical indicator buy and sell signals are based on oversold and overbought conditions on a price chart. The RSI is a measurement of price moving too far and too fast in one direction, and as the RSI gets extended farther from the 50 RSI middle line, the probability of a reversion to that …
Technical indicators are tools used on a chart to quantify entry and exit signals to create good risk/reward ratios for trades. They are ways to measure risk by setting stop losses and profit targets. They can be used to build strategies as filters inside a price action trading system. Technical indicators are a way to …
Technical analysis is a process used to quantify the price action on the chart of a security and identify trading and investing opportunities based on the patterns created by buyers and sellers. Technical analysts believe past and present trading activity in price changes can be used to create an edge for what will happen next …
RSI divergence signals show traders when price action and the RSI are no longer showing the same momentum. The RSI shows the magnitude of a price move in a specific timeframe. The RSI is one of the most popular oscillators used in technical analysis. A divergence shows the relation between the RSI and current price …
Image Source: TheBirbNest.com In technical analysis a divergence pattern is a signal on a chart that occurs when the price of an asset is moving differently than a technical indicator. A divergence can show that the chart is becoming bullish and the chart may be beginning an upswing or uptrend in price action. What is …
The $NYMO ticker is the McClellan Oscillator that is ratio adjusted for the end of the day. The McClellan Oscillator ($NYMO) is a technical market breadth indicator that is calculated based on the variance between the number of advancing and declining stocks on the New York Stock Exchange. This technical indicator is used to show …
Awesome Oscillator was developed by Bill Williams. The Awesome Oscillator (AO) is a non-limiting oscillator used in technical analysis. It quantifies the weakness or the strength of price on a chart. The Awesome Oscillator measures the price momentum in one direction, confirms trends and can also show when momentum is waning and signal the potential …
Guest Post by Dan @TrendSpider The Volume Indicator (RVOL) Relative Volume is calculated by taking the ratio of current volume relative to an average. It gives you a quick way to see how much volume relative to a period and which direction it is pointing in. Features for this indicator on the TrendSpider platform: Customizable …
Keltner Channels are a technical indicator shown visually as envelopes expressing the deviation in Average True Range on a chart both above and below an exponential moving average. It is very similar in principle to Bollinger Bands, which use standard deviations from a moving average to quantify the bands. The difference is that Keltner Channels …
The Parabolic SAR (stop and reverse) indicator is a technical trading tool that quantifies both trends and price reversals on a chart and can be used as a stop loss, trailing stop, or entry signal. The Parabolic SAR indicator was created as a trend following tool that allowed winning trades to run until they stopped …
