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TRIX Indicator

Overview : The TRIX is a momentum indicator that calculates the percent rate of change of a triple smoothed exponential moving average of closing price. It is a leading indicator, in that it is designed to signal trends shorter than the…
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Typical Price

Overview : The Typical Price indicator is simply an average of each day's price. The Median Price and Weighted Close are similar indicators. Interpretation : The Typical Price indicator provides a simple, single-line plot of the day's…
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Quadrant Lines

Overview : Quadrant Lines are a series of horizontal lines that divide the highest and lowest values (usually prices) into four equal sections. Interpretation : Quadrant Lines are primarily intended to aid in the visual inspection of…
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Swing Index

Overview : Developed by Welles Wilder, the Swing Index seeks to isolate the "real" price of a security by comparing the relationships between the current prices (i.e., open, high, low, and close) and the previous period's prices.…
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Speed Resistance Lines

Overview : Speed Resistance Lines ("SRL"), sometimes called 1/3-2/3 lines, are a series of trendlines that divide a price move into three equal sections. They are similar in construction and interpretation to Fibonacci Fan Lines.…
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Price Rate-Of-Change (ROC)

Rate of change measurements measure momentum, which is the rate at which price changes are taking place. Consider a golf drive, for example. A well-hit ball leaves the tee quickly, rising and gaining altitude quickly.  Momentum is very…
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Money Flow Index

Overview : The Money Flow Index ("MFI") is a momentum indicator that measures the strength of money flowing in and out of a security. It is related to the Relative Strength Index, but where the RSI only incorporates prices, the Money Flow…
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Linear Regression Lines

Overview : Linear regression is a statistical tool used to predict future values from past values. In the case of security prices, it is commonly used to determine when prices are overextended. A Linear Regression trendline uses the least…
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