This indicator is for the Johannesburg Stock Exchange (JSE) and indicates the number of stocks in the Top 40 Index above its selected Smooth Moving Average (SMA). Typically the 200SMA is used to see the longer term health of the market and the 50SMA for a short term view. Currently the market has reached a point that less than 2% of stocks were above their 200SMA...
The Volatility Based Momentum (VBM) indicator is a variation on the rate-of-change (ROC) indicator. Instead of expressing momentum in a percentage gain or loss, VBM normalizes momentum using the historical volatility of the underlying security. The VBM indicator offers numerous benefits to traders who orient their trading around volatility. For these traders,...
Hello traders and developers! I compared different techniques to get momentum of the series. The 4 samples are: 1) Raw difference between price and price some bars ago 2) Built-in "change" function 3) Built-in "mom" function 4) Jedi's momentum - difference between current and previous SMA multiplied by it's period All results are identical. So, we have two...
This indicator was originally developed by Sylvain Vervoort (Stocks & Commodities, V.26:11 (October, 2008): "ARSI, The Asymmetrical RSI").
simple moving average 30 days in addition to 60-day momentum
simple moving average 30 days in addition to 14-day momentum
This indicator was originally developed by Edwin "Sedge" Coppock (Barron's Magazine, October 1962). Specially for @AlexMayorov : 1) Buy when indicator crosses the zero line upside 2) Sell when indicator crosses the zero line downside
Phase Change Index script. This indicator was developed and described by M. H. Pee (Stocks & Commodities V.22:5 (28-37): Phase Change Index). Other indicators of M. H. Pee:
Ehlers Smoothed Adaptive Momentum script. This indicator was developed and described by John F. Ehlers in his book "Cybernetic Analysis for Stocks and Futures" (2004, Chapter 12: Adapting to the Trend).
It is a successful confirmation tool that can be used in input outputs.
* Original code from UCSgears. * Added circles for when Stoch MI and signal line crosses.
Buy on dips and sell into rallies. Simple as that. - Short line (green) - Base line (white) - Long line (red) When the market price touches the white or the red(green) lines, buy(sell) orders are generated. The exit points are 2 lines above(below) the entries. Parameters - Period: It affects the value of Base line and the spacing of each line. - Multiple:...