Indicators & Oscillators
7 terms
MACD
Indicators & Oscillators
₹
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
MACD Histogram
Indicators & Oscillators
₹
The difference between the MACD line and its signal line, plotted as bars around a zero axis.
Histogram = MACD Line - Signal Line
Market Breadth
Indicators & Oscillators
%
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
Momentum Indicator
Indicators & Oscillators
₹
An indicator measuring the speed of price change rather than its level or direction.
Momentum = Current Close - Close n periods ago
Money Flow Index
Indicators & Oscillators
ratio (x, times)
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
Moving Average
Indicators & Oscillators
₹
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
Moving Average Crossover
Indicators & Oscillators
qualitative
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