Your Guide To The Stock Market
Practical trading strategies, analysis techniques, and expert calls to help you trade smarter.
The Volume Underlay indicator mainly shows the total volume as a bar chart beneath each of the chart’s periods. Unlike all other indicators that display in a sub-window, the Volume Underlay indicator displays within the actual chart. Before stepping into the main discussion regarding the specific indicator let’s just have a quick idea about the … Read more
Volume Weighted Average Price indicator is a technical analysis tool. One can use it to measure the average price weighted by volume. The volume-weighted average price (VWAP) indicator mainly works with intraday charts as a way to determine the general direction of intraday prices. VWAP indicator is similar to a moving average when the price … Read more
In 1991, Adam White developed the Vertical Horizontal Filter indicator (VHF). Traders can use this indicator in technical analysis to recognize periods when the price is trending (up-trend or downtrend) or this indicator is in the congestion phase (side-way trend). This was first published in a magazine called “Issues of Futures”. Traders use the indicator … Read more
Larry Williams developed the Ultimate Oscillator Indicator in 1976. This was featured in Stocks and Commodities Magazine in 1985. The Ultimate Oscillator is a momentum oscillator that was designed to capture momentum across three different time frames. The multiple time frame of this oscillator seeks to avoid the pitfalls of other oscillators. FAQ How to … Read more
The stock market is a diversified market with lots of opportunities. Traders who are dealing with the market regularly must be acquainted with the segments of the derivative market. Literally, a derivative means a value that is derived from an underlying asset. However, the particular market has different financial instruments such as futures, options, and … Read more
Peter Martin and Byron McCann developed the Ulcer Index Indicator in 1987. This is a volatility indicator that measures downside risk. This indicator was first introduced in 1989 in Investor’s Guide to Fidelity Funds. Basically, the index is designed with mutual funds in mind. This is why it only focuses on downside risk. What is … Read more
The Typical Price Indicator (TPI) function measures the average of the high, low, and closing prices for the day using a simple, single-line plot. The traders can use the Typical Price indicator for smoothing out some of the inconstancies of the closing price. The Typical Price Indicator is comprised of information for the whole trading day and not … Read more
Twiggs Money Flow Indicator developed by Colin Twiggs. This is a variation on the Chaikin Money Flow or CMF indicator. It uses True Range and volume. Adjustable guides are given to fine-tune the signals. The Chaikin Money Flow uses Close Location Value (CLV) to evaluate the volume of money flow as bullish or as bearish, Twigs … Read more
Trade Volume Index, or TVI, is a technical analysis indicator used to measure the amount of buying and selling activity in a given security over a certain period of time. It can be calculated using day trading “tick” price data. The greater the trading volume relative to previous periods, the higher that security’s Trade Volume … Read more
True Range Indicator is an indicator that measures volatility. J. Welles Wilder developed this indicator. His most famous classic trading book is “New Concepts in Technical Trading Systems“. The developer, Wells Wilder believed that most trading systems were broken down into two basic components. The first part of this book focuses on the “technical trading … Read more
Yesterday I was checking the Nifty 50 index charts in my favorite Elliott Wave program Advanced Get. Recent studies revealed there may be an ongoing Elliott Wave 4 retracement in the Nifty index. Let me examine whether the retracement is over. Is Nifty poised for another up move soon? I will also discuss why Wave … Read more