This article introduces the Klinger Oscillator, which is a both mysterious and practical technical indicator created by Stephen Klinger. The indicator can help determine the strength of market trends and capture short-term fluctuations and rises and falls in the market. The article also provides the source code for the Keltner Channel in the Tongda Xing software, which is used to construct the Keltner Channel.
This article introduces the "Know Sure Thing Indicator" (KST), which is a magical technical indicator that calculates a mysterious value by observing the rate of change (ROC) and the combination of simple moving averages (SMA) over four periods. KST behaves differently in analyzing bull markets and bear markets, and it has the concepts of overbought and oversold. The article also provides a Pine Script code example for plotting the KST indicator.
This article introduces the principles and applications of the Keltner Channel as a technical analysis tool. The Keltner Channel combines the analysis of price volatility and trading volume to identify market trends and turning points. The article also provides an improved version of the code on the TongdaXin platform, making this indicator more accurate and useful in stock market technical analysis.
Historical volatility is an indicator that measures the price fluctuations in the stock market. It reveals the true pulse of the market by calculating the average deviation between financial instruments and their average prices. Hull Moving Average (HMA) is a fast and smooth technical indicator that provides a smooth and efficient analysis of market dynamics through a special calculation method. Understanding and using HMA can help traders capture subtle changes in market trends and select appropriate trading opportunities.
Historical volatility is an indicator that measures the price fluctuations in the stock market. It reveals the true pulse of the market by calculating the average deviation between financial instruments and their average prices. High volatility implies high-risk and high-return opportunities, while low volatility suggests relatively fewer profit opportunities. Traders can find their suitable volatility levels by comparing the volatilities of different securities and utilizing other technical analysis tools.
EFI (Elder's Force Index) is a "power detector" in the stock market created by Master Alexander Elder. It combines price, volume, and market force to help determine the direction and strength of the market. The calculation formula for EFI is (current period closing price - previous period closing price) × volume, followed by applying the exponential moving average. Divergence in EFI can be used as a buying or selling signal, but it is recommended to use it in conjunction with other technical analysis tools.
The Ease of Movement (EOM) is a volume-based technical indicator used to observe the ease of market movement. EOM measures the market's operating state by calculating the moving distance and box ratio. A wide range with low volume indicates that the market is relatively easy to move, while a narrow range with high volume indicates that the market is relatively difficult to move. EOM can be used in conjunction with other indicators to help us better understand the dynamics of the market.
The document discusses the concept of the Double Exponential Moving Average (Double EMA) as a market indicator. It explains the calculation formula and highlights its advantages and considerations. The document also provides a Pine Script code example for implementing the Double EMA indicator on the TradingView platform.
The Donchian Channels is a technical indicator created by Richard Donchian to measure market volatility and identify trading signals. It consists of an upper band, lower band, and baseline, calculated based on the highest and lowest prices over a specified period. The indicator helps determine overbought or oversold conditions and confirm the strength of a trend. It is best used in conjunction with other technical analysis tools and can be implemented using TradingView Pine Script.
This document discusses the concept of divergence as a technical indicator in the financial market. Divergence is described as a key that guides traders to potential price reversals. The document explains the two types of divergence (positive and negative) and emphasizes the importance of combining divergence with other indicators and analysis tools. It also provides a code script for drawing divergence indicators using TradingView's Pine Script language.
Tom's Trading Compass is a powerful tool that helps traders identify potential market trend reversal points through specific price action patterns. The script uses sequential logic and label plotting to analyze price movements, identify buy and sell signals, and provide intuitive visual indications to help traders better understand and track market dynamics.
This article introduces an indicator called "L3 Projected Magic-9/13", which is based on the TDS theory and has been innovated and expanded. The main features of the indicator include projection range, multi-timeframe support, magical nine turns logic, chart labels, and custom functions. It is used to identify market trends and turning points and is suitable for experienced traders and analysts.