Indicators & Oscillators

An oscillator showing where the current close sits within the high-low range of the last n periods.

%K = (Close - Lowest Low over n) / (Highest High over n - Lowest Low over n) x 100; %D = 3-period moving average of %K %

The stochastic formula applied to RSI values rather than to price, showing where RSI sits within its own recent range.

StochRSI = (Current RSI - Lowest RSI over n) / (Highest RSI over n - Lowest RSI over n) ratio (x, times)

Indicators & Oscillators

A trailing band plotted at a multiple of average true range from the midpoint of price, flipping sides when price crosses it.

Upper Band = (High + Low) / 2 + Multiplier x ATR; Lower Band = (High + Low) / 2 - Multiplier x ATR ₹

Indicators & Oscillators

A local peak or trough defined by a stated number of lower highs or higher lows on either side of it.

Swing High: a high greater than the n highs before it and the n highs after it; Swing Low: the mirror condition ₹

Indicators & Oscillators

The percentage rate of change of a triple-smoothed exponential moving average of price.

TRIX = Percentage change of EMA(EMA(EMA(Close, n), n), n) %

Indicators & Oscillators

An oscillator combining buying pressure measured over three different lookback periods into a single weighted reading.

UO = 100 x (4 x Average7 + 2 x Average14 + 1 x Average28) / 7, where each Average is Buying Pressure / True Range over that period %

Indicators & Oscillators

The percentage difference between a short and a long moving average of volume.

Volume Oscillator = (Short-Period Volume MA - Long-Period Volume MA) / Long-Period Volume MA x 100 %

Indicators & Oscillators

A histogram showing how much volume traded at each price level over a chosen period, plotted horizontally.

For each price level, sum the volume of all trades executed at that level over the period examined shares

Indicators & Oscillators

A testing method that optimises parameters on one segment of history and evaluates them on the immediately following unseen segment…

Test: for each window, optimise on the in-sample period and record results only from the subsequent out-of-sample period qualitative

Indicators & Oscillators

A moving average in which weights decline linearly from the most recent period to the oldest in the window.

WMA = (P1 x n + P2 x (n-1) + ... + Pn x 1) / (n + (n-1) + ... + 1) ₹

Indicators & Oscillators

A rapid reversal that triggers an entry or exit signal and then immediately reverses again, producing a loss.

Test: a signal is generated and the opposite signal follows within a short interval, before the first position has moved favourably qualitative

Indicators & Oscillators

An oscillator ranging from 0 to -100 that measures the close relative to the high of the last n periods.

%R = (Highest High over n - Close) / (Highest High over n - Lowest Low over n) x -100 %