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Indicators

Indicators are collections of lines and symbols displayed above or below price charts that analyze technical aspects like momentum, trend, and volume. Examples given include the MACD and RSI. To add an indicator, select it from the dropdown menu in the "Indicators" area. The menu lists over 30 supported indicators measuring various technical properties through tools like oscillators, moving averages, and momentum.

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492 views

Indicators

Indicators are collections of lines and symbols displayed above or below price charts that analyze technical aspects like momentum, trend, and volume. Examples given include the MACD and RSI. To add an indicator, select it from the dropdown menu in the "Indicators" area. The menu lists over 30 supported indicators measuring various technical properties through tools like oscillators, moving averages, and momentum.

Uploaded by

api-3831404
Copyright
© Attribution Non-Commercial (BY-NC)
Available Formats
Download as DOC, PDF, TXT or read online on Scribd
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Indicators are collections of lines and symbols that are typically (but not always) displayed in

additional panels located above or below the main price panel. (SharpCharts2 also allows you to
create "Overlaid" charts where indicators can be positioned behind the price bars or behind other
indicators.) Examples of technical indicators include the MACD and the RSI. To add an indicator
to your chart, simply select it from an unused dropdown on the left side of the "Indicators" area.
The dropdown contains a list of all the indicators we support including:

 Price - The price data for a specified stock. Typically used to create overlaid charts or
charts that compare one stock to another. Combined with our Ratio Symbol Notation2), it
can be used to create "Price Relative" charts (see below).
 Price Performance - The percentage change of the closing values of the specified stock.
The first closing value on the left edge of the chart is the starting point for the calculations.
Often used in combination with the "Performance" chart type to create SharpCharts
versions of our dynamic PerfCharts tool.
 Volume - The volume data for a specific stock. Can be used to position volume several
panels away from the price data or to overlay volume on an indicator.
 RSI - Common bounded momentum oscillator with overbought/oversold lines at 70 and
30.
 MACD - Moving Average Convergence/Divergence. Common unbounded momentum
oscillator formed from the difference of two specified EMAs. A signal line is often added
to generate buy/sell signals. The difference between the indicator and the signal line is
displayed as a histogram in the middle of the indicator.
 MACD Histogram - The difference between the specified MACD line and its signal line
displayed as a histogram. This version only displays the histogram, not the MACD Line or
the signal line.
 Percentage Price Oscillator (PPO) - A percentage-based version of the MACD.
 Detrended Price Oscillator (DPO) - Removes long-term trend information from the data
so that shorter-term cycle information can be studied.
 Commodity Channel Index (CCI) - Removes statistical mean information from the data
so that unusual short-term divergences can be better indentified.
 Rate-of-Change (ROC) - The difference between current prices and prices 'n' periods
ago. Almost indentical to the "Momentum" indicator (which we do not support, use ROC
instead).
 Ultimate Oscillator - Weighted sum of three different oscillators - a short-term one, a
medium-term one, and a long-term one.
 TRIX - A momentum oscillator that shows the percent rate-of-change of a triply smoothed
average of the stock's closing prices.
 Full Stochastics - A common bounded oscillator that shows where prices are now relative
to where they have been in the past. Full stochastics takes three parameters allowing for
complete control over the calculation.
 Slow Stochastics - An easier-to-use, 2-paramter version of the Stochastics oscillator for
longer-term trading.
 Fast Stochastics - An easier-to-use, 2-paramter version of the Stochastics oscillator for
shorter-term trading.
 StochRSI - A bounded oscillator that uses the stochastics oscillator on the RSI indicator
(instead of on closing values).
 On Balance Volume (OBV) - A cummulative sum of volume for up days minus volume
for down days. Note: The actual value of the OBV changes depending on where the left
edge of the chart is and therefore is not displayed.
 Accumulation/Distribution Line - A weighted sum of volume for up days minus volume
for down days. Note: The actual value of the OBV changes depending on where the left
edge of the chart is and therefore is not displayed.
 Chaikin Oscillator - An oscillator based on the movement of the
Accumulation/Distribution Line.
 Chaikin Money Flow (CMF) - An oscillator that combines price and volume to estimate
money moving into and out of a stock.
 Money Flow Index (MFI) - An RSI-like oscillator that includes volume in its
calculations.
 Percent Volume Oscillator (PVO) - A volume-based version of the PPO.
 Wilder's DMI (ADX) - A system of three lines designed to show the direction and
strength of a stock's current trend.
 Average True Range (ATR) - A volatility indicator based on an average of each period's
"True Range."
 Aroon - A trend-determination system based on the number of days since a recent high or
low has been set.
 Aroon Oscillator - An oscillator formed from the two lines that make up the Aroon
system.
 Bollinger Band Width - The absolute distance from the top Bollinger Band to the bottom
one.
 Bollinger's %b - An oscillator showing where prices are currently located relative to the
upper and lower Bollinger Bands.
 Standard Deviation - A statistical measure of volatility.
 Slope - The rise (or fall) in closing values divided by the specified number of periods.
 Rabbit Q-Rank - Paul Rabbitt's ranking of a stock based on a large number of technical
and fundamental factors. Similar in many ways to IBD's "RS" rankings.
 Date/Time Axis - An additional horizonal axis for your chart.

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