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, derivative means a value which is derived from an underlying… Read More ›
Peter Martin and Byron McCann developed the Ulcer Index Indicator on 1987. This Ulcer Index 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 was… 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 ordinary price of this indicator gives a simplified view of the day trading prices as well as… 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. The adjustable guides are given to fine-tune the signals. The traders of this indicator may… Read More ›
Trade Volume Index indicator is a technical indicator. It determines whether a security is bought or sold by calculating the quantity of cash inflow and cash outflow. Compare to many technical indicators, this indicator is determined on the basis of Intraday… 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 was believed that most trading systems were broken… Read More ›
Yesterday I was checking the Nifty 50 index charts in my favorite Elliott Wave programme Advanced Get. The recent studies revealed there may be an ongoing Elliott Wave 4 retracement in the Nifty index. Let me examine whether the retracement… Read More ›
Trend Intensity Index indicator was developed by M. H. Pee. This indicator is used to measure the strength of a trend of a sock, ETF index or any other tradable security. The RSI principles of calculation applied to the closing price… Read More ›
The Time Series Forecast indicator (TSF) shows the statistical trend of a security’s price over a specified time period. This indicator is referred to as a moving linear regression similar to a moving average. For an example, the TSF value… Read More ›
Previously, we have discussed various tools and indicators which come under the technical analysis. Today we come with a completely new tool, term as Fibonacci Retracement. Basically, it works for identifying the support-resistance level in the stock market. Before proceeding to… Read More ›