Donchian Channel indicator was developed by Richard Donchian. It is a technical momentum indicator that calculates the higher highs and lower lows of a specific period of time forming a channel around those values with upper and lower bands. When… Read More ›
Disparity Index is a technical momentum indicator that compares the current market price with the moving average of price over a particular time period. When disparity index indicator is calculated, it is done for a specific time period. Thus, the current… Read More ›
As the name implies, the Detrended Price Oscillator indicator (DPO) attempts to eliminate the trends in price through the plotting chart. DPO is based on the fundamental idea that long-term price cycles are made up of short-term cycles. Identifying these… Read More ›
Darvas Box indicator is a great technical analysis tool which was introduced by Nicholas Darvas. Darvas was a dancer who made $2,000,000 within a period of 18 months, trading in the market while on a global dance tour using this… Read More ›
Statistically speaking, two sets of data or two variables are said to be considered as correlated if there exists a statistical relationship (linear interdependence) between the two datasets or two variables. If two data sets or variables have a strong statistical… Read More ›
Coppock Curve technical indicator was introduced by E.S. Coppock in 1965. The indicator was designed to help the longtime investors in the market. Primarily the indicator was designed for a monthly timescale. earlier the indicator was used to create buy… Read More ›
Commodity Channel Index indicator (CCI) was introduced by Donal Lambert. CCI measures the variations of the price of a stock with respect to its statistical mean. Contrary to the meaning derived from its name, the CCI works well with any stock… Read More ›
Choppiness Index indicator (CHOP), as the name suggests, was introduced to determine whether the market is choppy, that is whether it is range bound or whether the market is trending, that is the market is following a particular trend in… Read More ›
Chande Momentum Oscillator (CMO) was introduced by Tushar Chande who has also invented the Chande Forecast Oscillator. The oscillator is created by calculating the difference between the sum of all recent gains and that of all recent losses over a particular… Read More ›
Chande Forecast Oscillator or Tushar Chande Forecast Oscillator (CFO) was developed by Tushar Chande. This oscillator can be said to be an extension of linear regression based indicators. This oscillator plots the difference between the closing price of the stock and the linear… Read More ›