Technical Analysis
Technical Indicators: The Ultimate Oscillator
And, today, we wrap up the series on Technical Indicators with another development of Larry Williams, the Ultimate Oscillator. You may remember the name Larry Williams from another ocillator which is named for him, the Williams %R. The Ultimate Oscillator was designed as a smoothed oscillator in hopes of eliminating the false signals and wild [...]
read more »Technical Indicators: Directional Movement Indicator (DMI)
The Directional Movement Indicator (DMI) is another statistic/chart developed by J. Welles Wilder who you may remember also developed RSI and Parabolic SAR. DMI like Parabolic SAR is derived from a relatively complex formula which we won’t discuss but if you’re interested please visit this tutorial on calculating DMI. The intention of the DMI is [...]
read more »Technical Indicators: Money Flow
Money Flow on bigcharts.com is a bit different from the Money Flow that most people look at. Typically, when talking about money flow we are talking about the money flow index chart which is scaled like RSI (0 to 100) with the same overbought and oversold levels. The money flow index is essentially a volume [...]
read more »Technical Indicators: Williams%R
The Williams %R oscillator is actually very similar to the two stochastic indicators we discussed earlier. It was created by Larry Williams, a very famous trader and financial educator. He actually still gives seminars and tours the world teaching how to trade in both commodities and equities. The Williams %R oscillator is designed to oscillate [...]
read more »Technical Indicators: Rate of Change (ROC) and Momentum
Momentum and Rate of Change (ROC) indicators actually display the exact same information. The indicators are designed to measure the optimism or pessimism of investors in the market with regards to the stock in question. The way they do this is by measuring the closing price of a stock relative to the closing price of [...]
read more »Technical Indicators: Fast and Slow Stochastic
The stochastic oscillator is another technical indicator designed to oscillate in a range of numbers (0 to 100) and tells the reader whether or not the stock is overbought or oversold. It looks vaguely similar to MACD in the sense that there are two lines graphed on the graph and signals are often made when [...]
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