Force index measures the bulls power while growth and of the bears while deceleration. This index was designed by Alexander Elder. The indicator is based on the price direction, it’s deviations and...
Archive for the ‘FX indicators’ Category
Envelopes
On January - 31 - 2009
Technical indicator envelopes is comprised of two moving averages. Limits move depends on the market volatility. The greater is the volatility, the greater is the move.
Upper and lower limits of the indicator...
DeMarker
On January - 31 - 2009
Technical indicator DeMarker was designed on the basis of current and previous bars’ maximums contrast. If the current bar’s maximum is lower, corresponding difference is registered. If it’s higher...
Average Directional Movement Index
On January - 31 - 2009
Technical indicator ADX defines price trend and its direction. It was designed and described by Welles Wilder (New Concepts of Technical Trading Systems).
This method applies comparison of 14-grade +DI...
