Stochastic RSI

Stochastic RSI basics

Stochastic RSI was developed to increase sensitivity and reliability of the regular RSI indicator when it comes to trading off overbought/oversold RSI levels.

Stochastic Indicator

Quick Summary

 

Trading with Stochastic indicator involves the following signals:

Stochastic lines cross — indicates trend change.

Relative Strength Index (RSI)

Introduction to RSI indicator

Relative Strength Index (RSI) - is another great momentum indicator developed by Welles Wilder.

Standard period settings for RSI is 14 periods, which can be applied to any time frame.
RSI indicator compares the average of up and down closes for a specific period of time.

Commodity Channel Index (CCI)

Commodity Channel Index (CCI)

Commodity Channel Index (CCI) is a hugely popular indicator among traders. Although novice traders tend to pay little attention to CCI in the beginning of their lerning curve, later they return to discover amazing potential and beautiful simplicity of the CCI indicator. 

Aroon Oscillator

Quick Summary

Trading with Aroon Oscillator involves the following signals:

Aroon Oscillator line above the zero — suggestion of a bullish market.
Aroon Oscillator line below zero — a bearish market.

The further the Oscillator line is from Zero level, the stronger the trend.
When values are near Zero line, the market is trending nowhere.

Aroon Quick Summary

Aroon Quick Summary

 Trading with Aroon indicator involves the following signals:

 AroonUp crosses AroonDown upwards — bullish signal.
AroonDown crosses AroonUp downwards — bearish signal.
AroonUp and AroonDown move in parallel lines — consolidation period.

Advance Decline Ratio (ADR)

ADR Quick Summary

Trading with ADR involves the following signals:

ADR rising and so does the price — healthy trend.
ADR falling and so does the price — healthy trend.
ADR reading diverge from the price — trend may change.

ADR crossing above 1.00 level — an uptrend has been established.
ADR crossing below 1.00 level — a downtrend has been established.

The further ADR moves from 1.00 level the more mature current trend is.

Accumulative Swing Index (ASI)

Quick Summary

 

Trading with ASI indicator involves the following details:

ASI has positive value — uptrend.
ASI has negative value — downtrend.
ASI trend line breakout — validates a breakout on the price chart.