Tag: oscillator indicators

AggM Indicator

Introduction to the AggM Indicator The AggM Indicator is a composite trend and mean-reversion indicator, but the signals are provided in the form of an oscillator line. When it comes to the trading rules with the AggM indicator, it looks like the following. Long trades are triggered when the indicator’s value rises above 0.7 level. […]

Blau Directional Trend Index Indicator

Introduction to the Blau Directional Trend Index Indicator The Blau Directional Trend Index Indicator is based on the technique first introduced by William Blau in his book “Momentum, Direction and Divergence” (1995). The author focuses on three key aspects of trading: momentum, direction and divergence. The Directional Trend Index is an indicator that works in […]

DayDeMarker Forex Indicator

Introduction to the DayDeMarker Forex Indicator The DayDeMarker Forex Indicator is a custom forex oscillator that works to identify potential overbought/oversold areas of the market. These areas offer good entry points for swing trades. That forex indicator uses a unique formula for its calculations, therefore works in a different manner than most oscillators. The DayDeMarker […]

DMI ADX Histogram Oscillator Indicator

Introduction to the DMI ADX Histogram Oscillator Indicator The DMI ADX Histogram Oscillator Indicator is, as the name suggests, a combination of the Average Directional Index (ADX) and the Directional Movement Index (DMI). As you probably know, the ADX measures the trend strength of an asset, and DMI defines its market direction. In the result, […]

Ultimate Oscillator Indicator

Introduction to the Ultimate Oscillator Indicator The Ultimate Oscillator Indicator was developed by Larry Williams. That oscillator applies a weighted average of values of three stochastic indicators defined on short, medium, and long periods. The length of periods is usually in the correlation 1:2:4 (doubling) or 1:2:3 (multiplicity). Periods should be chosen according to the […]

Turn Area Forex Indicator

Introduction to the Turn Area Forex Indicator The Turn Area Forex Indicator is a combination of Relative Strength (RSI) and Exponential Moving Average (EMA). The signals are represented in a form of the histogram bars that can reach overbought/oversold levels (20/-20 respectively). Due to the nature of its signals, that forex indicator can be considered […]

Stochastic Divergence Indicator

Introduction to the Stochastic Divergence Indicator The Stochastic Divergence Indicator automatically recognizes divergences between price and Stochastic Oscillator. When the signal is spotted, it plots a buy/sell arrow accordingly. That technique defines the potential reversal of the market. The Stochastic Divergence Indicator fits all kinds of timeframes and currency pairs. It is displayed in a […]

Woodies CCI Arrows Oscillator Indicator

Introduction to the Woodies CCI Arrows Oscillator Indicator The Woodies CCI Arrows Oscillator Indicator is a forex momentum indicator that was originally developed by Ken Woods. As the name suggests, it’s based on a Commodity Channel Index (CCI) with a period set to 14. Due to its complexity, this forex indicator has multiple applications. One […]

Chande’s Momentum Oscillator Indicator

Introduction to the Chande’s Momentum Oscillator Indicator The Chande’s Momentum Oscillator Indicator is a custom forex oscillator that was originally developed by Tushar Chande. As the name suggests, it is a technical indicator that attempts to capture the market’s momentum. As it is with all oscillators, a trader takes advantage of provided overbought/oversold levels. The […]

Kwan NRP Indicator

Introduction to the Kwan NRP Indicator The Kwan NRP Indicator is a custom forex oscillator. It is a non repaint indicator. It consists of one main signal line that takes blue color when trend-momentum is bullish, and red when it is considered bearish. The Kwan NRP Indicator fits all kinds of timeframes and currency pairs. […]