The StochRSI is an indicator used in technical analysis that ranges between zero and one and is created by applying the Stochastic Oscillator formula to a set of Relative Strength Index (RSI) values rather than standard price data. In this…

The random walk index (RWI) is a technical indicator that attempts to determine if a stock’s price movement is random or nature or a result of a statistically significant trend. The random walk index attempts to determine when the market…

This formula is for reading price trend and volume : – Red lines indicate break highs, Blue lines indicate break lows– 1st row : indicates break 3M (3months), 6M & 9M respectively– 2nd row : indicates break 1Y (1year), 2Y…

Trend catcher is a useful indicator for taking the trading decisions,, one can build many strategies using this as a base indicator. Combine this as a reference tool for Candlestick Patterns(not every pattern is successful,, check the trend first) or…

JNSAR is a number based on market’s strength and weakness as well as the balance of demand and supply. Whatever the number may be, a choppy market could whipsaw the number occasionally to shake off your confidence in them. However, staying…

Keltner Band is a promising indicator to determine trend breakouts accurately. And experienced traders might very well know that catching accurate trend breakouts is as good a finding a fortune. Keltner band calculates the price range based on ATR (average true range),…

Combination the Stochastic %D and the Stochastic %K _SECTION_BEGIN(“Stochastic %D”); SetChartOptions(0, 0, chartGrid20 | chartGrid80); GraphXSpace = Param(“GraphXSpace”, 5, -10, 20, 1); OBthreshold = Param(“OBthreshold”, 85, 75, 100, 5); OSthreshold = Param(“OSthreshold”, 15, 0, 25, 5); PlotGrid(OBthreshold, colorRed, 8, 1,…

Hi All, This is a very basic strategy using RSI which i personally also use quite often.It includes money money management and Entry and exit signals.Enter at buy sell arrows and exit at stars which are oversold/overbought zones.Explorer is also made available…

This is Alignment of the Stars originally named by Zeafreaks from the Philippines. It’s all about the alignment of ma 20 50 100. //Disclaimer: //All the AFL’s posted in this section are for learning purpose. //I do not necessarily own…

I don’t remember where I got this formula but if I am not mistaken it was translated from MT4 to Amibroker by a German programmer. I’ve tested with original JMA, and the results are the same/accurate (if I’m not mistaken) but…