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7 min readThe Elder-Ray Index is a technical analysis tool used in swing trading. It was developed by Dr. Alexander Elder as an extension of his other trading indicators. The Elder-Ray Index is composed of two separate components: the Bull Power and Bear Power.Bull Power is calculated by subtracting the period's lowest price from the exponential moving average (EMA) of the high prices. It measures the buying pressure in the market and indicates the strength of the bulls in overcoming the bears.
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10 min readParabolic SAR (Stop and Reverse) is a technical indicator used in swing trading to determine potential entry and exit points. Developed by J. Welles Wilder, it aims to help traders identify the direction of a trend and capture profits by trailing stops.The Parabolic SAR indicator consists of dots that appear either above or below the price chart. When the dots are below the price, it suggests an uptrend, and when the dots are above the price, it indicates a downtrend.
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6 min readThe Chaikin Oscillator is a technical indicator commonly used in day trading to assess the momentum of a stock or a market index. Developed by Marc Chaikin, this oscillator combines both price and volume data to provide insights into the buying and selling pressure of a security.The Chaikin Oscillator is calculated by taking the difference between the 3-day exponential moving average (EMA) of the Accumulation/Distribution Line (ADL) and the 10-day EMA of the ADL.
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12 min readThe Triple Exponential Average (TRIX) is a technical analysis indicator that helps traders identify the trend and potential reversal points in the stock market. It is specifically designed for day trading, providing insight into short-term price movements.Unlike simple moving averages or exponential moving averages, which consider the closing prices only, TRIX takes into account the triple-smoothed exponential moving average (EMA) of a security's price.
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9 min readMoving Average Convergence Divergence (MACD) is a popular technical indicator used by traders, including scalpers, to identify potential buy and sell signals in the market. It consists of two lines - the MACD line and the signal line.The MACD line is calculated by subtracting the 26-day Exponential Moving Average (EMA) from the 12-day EMA. It represents the difference between these two moving averages. The signal line is a 9-day EMA of the MACD line.
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9 min readThe Chandelier Exit is a popular technical indicator used in trading to determine an appropriate exit point for a trade. It was developed by Charles Le Beau and it aims to protect profits by providing a trailing stop loss level that adjusts dynamically according to the market conditions.The indicator gets its name from the idea that the exit level hangs down like a chandelier from the highest high reached during a trade.
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8 min readRate of Change (ROC) is a technical indicator used in trading and investing to measure the speed at which a financial asset's price is changing. It quantifies the percentage change in price over a specified period. ROC is particularly popular among scalpers, who aim to make quick trades and take advantage of short-term price movements.
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8 min readThe Percentage Price Oscillator (PPO) is a technical indicator that measures the percentage difference between two moving averages. It is a variation of the popular MACD (Moving Average Convergence Divergence) indicator, but instead of using absolute values, the PPO calculates the percentage difference between the two moving averages.When it comes to scalping, the PPO can be used as a reliable tool to identify short-term trends in the market.
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7 min readBollinger Bands is a technical analysis tool that was developed by John Bollinger in the early 1980s. This tool helps traders to identify potential overbought and oversold conditions in the market and signals potential trend reversals.Bollinger Bands consist of three lines plotted on a price chart. The middle band is a simple moving average (SMA) of the price, usually calculated over 20 periods.
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10 min readThe Volume Price Trend (VPT) is a technical analysis indicator that combines both volume and price movement to provide insights into the strength and direction of a trend. It is calculated by multiplying the percentage change in price by the volume and adding it to the previous day's indicator value.The VPT indicator analyzes buying and selling pressure by considering volume changes relative to price changes.
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11 min readParabolic SAR (Stop and Reverse) is a technical analysis indicator commonly used in intraday trading. Developed by J. Welles Wilder, it provides traders with potential entry and exit points based on the current market trend.The Parabolic SAR indicator consists of a series of dots either above or below the price chart. When the dots are below the price, it suggests an uptrend, and when the dots are above the price, it suggests a downtrend.