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Indicators & Oscillators

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Indicators & Oscillators

MACD

The moving average convergence divergence indicator: the difference between a fast and a slow exponential moving average of price.

MACD Line = 12-period EMA - 26-period EMA; Signal Line = 9-period EMA of the MACD Line
Indicators & Oscillators

MACD Histogram

The difference between the MACD line and its signal line, plotted as bars around a zero axis.

Histogram = MACD Line - Signal Line
Indicators & Oscillators

Market Breadth

The extent to which a market's move is shared across its constituents rather than concentrated in a few.

Measures include advance-decline ratio, percentage of securities above their 200-day moving average, and new highs minus new lows %
Indicators & Oscillators

Momentum Indicator

An indicator measuring the speed of price change rather than its level or direction.

Momentum = Current Close - Close n periods ago
Indicators & Oscillators

Money Flow Index

An oscillator bounded 0 to 100 that applies the RSI calculation to price multiplied by volume rather than to price alone.

MFI = 100 - 100 / (1 + Money Flow Ratio), where the ratio is Positive Money Flow / Negative Money Flow over n periods and Money Flow = Typical Price x Volume ratio (x, times)
Indicators & Oscillators

Moving Average

The average price over a fixed number of recent periods, recalculated as each new period is added.

Moving Average = Sum of the last n Closing Prices / n
Indicators & Oscillators

Moving Average Crossover

The point at which a shorter moving average crosses above or below a longer one.

Test: Short-Period Moving Average crosses through Long-Period Moving Average, in either direction qualitative