A collection of indicators which proved useful for profitable trading strategies.
Asymetric exponential moving average
Average day is the average of recent Open to Close movements, expressed in units of ATR.
AvgDayNight is the difference between AvgDay and AvgNight. The following Chart shows AvgDay inn green, AvgNight in red and the difference AvgDayNinght in blue. It can be clearly seen how an extreme value for AvgDayNight marks a turning point.
Average fall is the average of recent Yesterday’s Close to today’s Low movements, expressed in units of ATR
Average night is the average of recent yestarday’s close to today’s open movements, expressed in units of ATR
Average range is the average of High/Low ranges, expressed in units of ATR.
Average rec is the average of Low to Close ranges, expressed in units of ATR.
AvgRecWkn is the difference between AvgRec and AvgWkn. The following Bar shows AvgRec in red, AvgWkn in green and the difference AvgRecWkn in blue. The extreme values in AvgRecWkn mark turning points.
Average rise is the average of recent Yesterday’s Close to today’s High movements, expressed in units of ATR
AvgRiseFall is the difference between Average Rise and Average Fall. The following Bar shows AvgRise inred, AvgFall in Green and the difference AvgRiseFall in Blue. An extremly low value in AvgRiseFall marks a turning point.
Average turnover is the average of Close * Volume.
Average wkn is the average of High to Close ranges, expressed in units of ATR.
DriftPct calculate drift in percent
Momentum in ATR.
Smooth rate of change is a smoothed version of the well known Rate of Change (ROC) indicator. It returns the percentage price change after N bars. The following chart compares a monthly SROC (purple) against a monthly ROC (blue). At the time marked with the red arrow the ROC clearly shows a peak which is not visible in price data. The SROC reflects the relevant monthly change much better.