Technical Analysis and Indicators
An overview of the tools and indicators used in technical analysis.

Introduction to Technical Indicators
This article breaks down the basics of technical indicators and highlights the types of indicators available on TabTrader.

Accelerator Decelerator Oscillator
The Accelerator Decelerator Oscillator (ADO) measures acceleration and deceleration of current momentum. This indicator tends to change direction before any changes in momentum, which in turn will change direction before price.

Aroon
The Aroon indicator is used to identify trend changes in the price of an asset, along with the strength of that trend. This indicator essentially measures the time between highs and lows over a given period.

Aroon Oscillator
The Aroon Oscillator is a trendfollowing indicator based on the Aroon Indicator that measures the strength of the current trend and probability of continuation. Aroon Up and Down lines measure the number of periods since the last 25period high and low.

Average Directional Movement Index
The Average Directional Movement Index (ADX) technical indicator helps to determine the strength of a price trend.

Average True Range
The Average True Range (ATR) is technical indicator that tracks market volatility.

Awesome Oscillator
The Awesome Oscillator (AO) is an indicator used to measure market momentum. AO basically determines whether the current trend is bullish or bearish, or whether a trader should expect a possible reversal.

Bollinger Bands
Bollinger Bands are a technical analysis tool consisting of a set of trendlines with two standard deviations, positive and negative, plotted around a simple moving average (SMA) of an asset's price

Chaikin Money Flow
Chaikin Money Flow (CMF) is a volumeweighted average of accumulation and distribution over a set period of time.

Commodity Channel Index
The Commodity Channel Index (CCI) is a tool used to analyze whether an asset is overbought or oversold. It measures the difference between the current price and the historical average price.

Directional Movement Index
The Directional Movement Index (DMI) is a tool used to identify asset price trends. This indicator can help traders know whether price action is flatter or more volatile.

Elliott Wave Oscillator
The Elliott Wave Oscillator (EWO), also known as the 5/35 oscillator, is basically the 35period simple moving average (slow SMA) subtracted from the 5period one (fast SMA).

Exponential Moving Average
An Exponential Moving Average (EMA) is a type of moving average (MA) that places greater weight and significance on the most recent data points. EMA reacts more significantly to recent price changes than a simple moving average (SMA), which applies equal weight to all observations in the period.

Fisher Transform
Fisher Transform (FT) is a technical indicator that converts price to normal (also known as Gaussian) distribution and signals when price action moves significantly by referencing recent price data.

Hull Moving Average
The Hull Moving Average (HMA) is a highly responsive and exceptionally fastmoving average that almost eliminates lag while enhancing data smoothing. It emphasizes recent prices over older ones, resulting in a fastacting yet smooth moving average that can be used to identify the prevailing market trend.

Ichimoku Cloud
The Ichimoku Cloud is a collection of technical indicators that show support and resistance levels as well as momentum and trend direction.

Intraday Momentum Index
The Intraday Momentum Index (IMI) is a technical indicator that combines aspects of candlestick analysis with the relative strength index (RSI) in order to generate overbought or oversold signals.

Keltner Channels
Keltner Channels (KC) are volatilitybased bands that are placed on either side of an asset's price and can aid in determining the direction of a trend. It uses the average true range (ATR) for volatility, with breaks above or below the top and bottom barriers signaling continuation.

Median Price
The Median Price indicator is a measure of central tendency and displays a chart of median prices representing the midpoint between the high and low price of each period.

Money Flow Index
The Money Flow Index (MFI) is a technical oscillator that uses price and volume data for identifying overbought or oversold signals. It can also be used to spot divergences which warn of a trend change. The oscillator moves between 0 and 100.

Moving Average Convergence Divergence
Moving Average Convergence/ Divergence (MACD) is a trendbased momentum indicator that shows the relationship between two moving averages of an asset’s price.

OnBalance Volume
Onbalance Volume (OBV) is a trading momentum indicator that uses volume flow to predict changes in price. OBV shows crowd sentiment that can predict a bullish or bearish outcome.

Parabolic SAR
The Parabolic SAR is a technical indicator used to determine the price direction of an asset, as well as draw attention to when the price direction is changing. It is sometimes known as the "stop and reversal system”.

Relative Strength Index
The Relative Strength Index (RSI) is a momentum indicator used in technical analysis that measures the magnitude of recent price changes to evaluate overbought or oversold conditions in the price of a stock or other asset.

Simple Moving Average
A Simple Moving Average (SMA) calculates the average of a selected range of prices, usually closing prices, using the number of periods in that range.

Smoothed Moving Average
The Smoothed Moving Average (SMMA) is similar to the Simple Moving Average (SMA) in that it aims to reduce noise rather than reduce lag in asset price data.

Stochastic Oscillator
A Stochastic Oscillator is a momentum indicator comparing a particular closing price of an asset to a range of its prices over a certain period of time.

Stochastic RSI
SRSI (Relative strength, Momentum) is a tool to measure RSI relative to its own high/ low range over a userdefined period of time.

Trading Volume
Trading Volume is a technical indicator which represents the overall activity of an asset or a market. The volume indicator is used to measure the total amount of a given financial asset that has been traded in a specific period of time.

Volume Adjusted Moving Average
Volume Adjusted Moving Average (VAMA) is a technical indicator that combines price and volume when computing the average.

Volume Weighted Average Price
VolumeWeighted Average Price (VWAP) is a trading indicator used by traders that gives the average price an asset has traded at throughout the day, based on both volume and price.

Volume Delta
Volume Delta represents the difference between the pressure exerted by buyers and sellers in the market. It is calculated by subtracting the volume traded at the bid price from the volume traded at the ask price.

Cumulative Volume Delta
Cumulative Volume Delta represents the aggregated Volume Delta over a defined time period.

Volume + Volume Delta
Volume + Volume Delta is a tool combining the overall trading volume and Volume Delta indicator.