ARTICLE SYNOPSIS...THE ARMS INDEX The Arms index, also known as TRIN or Trader's Index, was developed by Richard Arms in 1967 to indicate when abnormally high volume is accompanying either advancing or declining stocks. The index is based on the assumption that volume ten
ARTICLE SYNOPSIS...Quick descriptions and definitions of candlestick charting patterns and terms, page 108.
ARTICLE SYNOPSIS...THE CANDLESTICK METHOD Illustration of a basic candlestick body.
ARTICLE SYNOPSIS...THE CANDLESTICK METHOD The candlestick chart can be used to interpret the movement of markets from intraday out to a monthly chart format. The basic candlestick chart depicts the market open, high, low and close.
ARTICLE SYNOPSIS...THE CANDLESTICK METHOD by Technical Analysis, Inc.
ARTICLE SYNOPSIS...THE CANDLESTICK METHOD by Technical Analysis, Inc. How to make a basic candlestick chart.
ARTICLE SYNOPSIS...THE CHL/LLF METHOD SPREADSHEET by Technical Analysis, Inc. Recall that the ""concurrent highest low"" filter (CHL) is a condition set up for the ""largest low to low fall"" trigger (LLF) and that the two are true/false situations. Therefore, the CHL fil
ARTICLE SYNOPSIS...THE ELLIOTT WAVE ZIGZAG FORMATION --Thom Hartle, Editor An explanation of subdivisions of the Elliott Wave pattern, page 173.
ARTICLE SYNOPSIS...THE ELLIOTT WAVE by Technical Analysis, Inc. The Elliott wave principle is a method for classifying and forecasting market movement. The basic tenet is that markets move in a five-wave pattern in the direction of the trend. Once the five waves have been
ARTICLE SYNOPSIS...THE GREEKS Delta: The rate of change of option price with regard to its underlying asset. An option with a delta of 25 will move 25% as much as the underlying asset. The delta of options changes with the distance of the strike price from the underlying.
ARTICLE SYNOPSIS...THE MASS INDEX AND MOVING AVERAGE FORMULAS The mass index is a 25-day moving sum of a ratio of two moving averages. The numerator of the ratio is the exponentially smoothed moving average of the daily ranges. The denominator is the numerator smoothed a
ARTICLE SYNOPSIS...SIDEBAR: THE McCLELLANS' INDICATORS The McClellan oscillator can be used for measuring changes in momentum of price, volume, advances and declines. The most common use is for measuring the momentum of the New York Stock Exchange (NYSE) listing of the da
ARTICLE SYNOPSIS...THE OPTIMISM/PESSIMISM INDEX The Wyckoff method divides each trading session into intraday buying and selling waves.
ARTICLE SYNOPSIS...THE OPTION DELTA by Technical Analysis, Inc. Simply stated, the delta of an option is the amount by which the option will increase or decrease in price if the underlying instrument moves by 1 point. The deltas of call options have positive values, while
ARTICLE SYNOPSIS...THE RANDOM WALK INDEX The channel height ratio to one day figures given show a consistent excess beyond the square root column. This excess indicates the presence of trends and hints how to create a trend ""yardstick."" If no trends were present, the ra
ARTICLE SYNOPSIS...THE RPI by Technical Analysis, Inc. Applying the RPI, restoring pull indicator, which uses current cycle length and volume in its calculations.
ARTICLE SYNOPSIS...THE VERTICAL HORIZONTAL FILTER by Technical Analysis, Inc. Formula for the 28-day VHF (vertical horizontal filter).
ARTICLE SYNOPSIS...THE VOLUME INDEX AND ON-BALANCE VOLUME The volume index is a sum of each financial index's current on-balance volume (OBV) reading. On-balance volume is an indicator based on each day's change and the accompanying volume. ...
ARTICLE SYNOPSIS...THE VOLUME INDEX AND ON-BALANCE VOLUME --Thom Hartle A leading and confirming indicator, page 170.
ARTICLE SYNOPSIS...THE WYCKOFF WAVE To determine the current trend, the present position and probable future trend of the market, a means of charting the market's action to reveal the general direction of the trend is necessary. ...
ARTICLE SYNOPSIS...THE WYCKOFF WAVE The Wyckoff wave used as a common stock price index, page 71.
ARTICLE SYNOPSIS...THE WYCKOFF WAVE The Wyckoff wave used as a common stock price index, page 227.
ARTICLE SYNOPSIS...THE ALPHA INDICATOR - Technical Analysis, Inc. To build your own alpha indicator in Microsoft Excel, use the following steps. Column A should be the date, column B the Treasury bond futures data and column C is the Fidelity Select Chemical Fund data.
ARTICLE SYNOPSIS...SIDEBAR: The Commitments of Traders This sidebar simply gives the address for the Commodity Futures Trading Commission (CFTC) where the ""Commitments of Traders in Commodity Futures"" monthly report can be obtained.
ARTICLE SYNOPSIS...Listing of Exchanges and indicators. - Technical Analysis, Inc. THE EXCHANGES AND INDICES New York Futures Exchange (NYFE) The New York Futures Exchange, a wholly owned subsidiary of the New York Cotton Exchange (NYCE), has approximately 359 members
ARTICLE SYNOPSIS...In the July 1996 STOCKS & COMMODITIES, Jay Kaeppel described a technique for evaluating gold stocks using the Barron's Gold Mining Index (GMI) relative to gold bullion. He showed that analysis of the ratio between the GMI and the price of gold bullion co
ARTICLE SYNOPSIS...THE K-RATIO TRADESTATION CODE The K-ratio system includes no buy or sell signals. When run simultaneously with other trade-generating systems, it prints the K-ratio of the trade-generating system to the print log window. System Name : K-ratio VAR: Obs
ARTICLE SYNOPSIS...How to calculate the money flow index, a volume-weighted form of the RSI. The money flow index (MFI) is a volume-weighted form of the relative strength index (RSI). Instead of using up closes versus down closes, the MFI compares today's average price to
ARTICLE SYNOPSIS...The Pathfinder currency trading system uses the same model for trading each of four currency futures contracts - the yen, the Deutschemark, the Swiss franc and the British pound. The trading rules are based on a set of conditions, which in turn are based
ARTICLE SYNOPSIS...THE RSI AND THE RMI The formula for the relative strength index (RSI) is: RSI = 100((RS/(1+RS)) where: RS = AU/AD during the last X days AU = Yesterday's AU - (AU/X) + today's up close or zero AD = Yesterday's AD - (AD/X) + the absolute value of t
ARTICLE SYNOPSIS...THE RSI AND THE RMI The formula for the relative strength index (RSI) is: RSI = 100((RS/(1+RS)) where: RS = AU/AD during the last X days AU = Yesterday's AU - (AU/X) + today's up close or zero AD = Yesterday's AD - (AD/X) + the absolute value of t
ARTICLE SYNOPSIS...The RSI and the RMI by Technical Analysis, Inc. Formulas and sample spreadsheets for the RSI and RMI.
ARTICLE SYNOPSIS...SIDEBAR: The basics by Technical Analysis, Inc. There is a special vocabulary of options trading that must be mastered in order to understand the uses of options and communicate with brokers and other option traders. An option is a legal contract that
ARTICLE SYNOPSIS...Sidebar: The candlestick method The candlestick chart can be used to interpret the movement of markets from intraday out to a monthly chart format. This sidebar provides an illustration of the candlestick body.
ARTICLE SYNOPSIS...Sidebar: The long wave According to Charles Kirkpatrick's award-winning ""Charles Dow looks at the long wave,"" there is a fourth wave or a cycle of a longer-term nature beyond the ""three well-defined movements,"" as Charles H. Dow himself referred to
ARTICLE SYNOPSIS...THE SHORT-RANGE OSCILLATOR The short-range oscillator combines daily New York Stock Exchange (NYSE) market statistics with the daily closing price of the Dow Jones Industrial Average (DJIA) to provide indications of overbought and oversold market condit
ARTICLE SYNOPSIS...V.14:1 (43): Sidebar: The Elliott Wave by Thom Hartle The Elliott wave principle is a method for classifying and forecasting market movement. The basic tenet is that markets move in a five-wave pattern in the direction of the trend. Once the five waves
ARTICLE SYNOPSIS...Sidebar: The Parabolic Trading System by Dennis Meyers The parabolic time/price system was introduced by J. Welles Wilder in New Concepts in Technical Trading Systems. The trading concept itself is an automatic reversal system, in which the system alway
ARTICLE SYNOPSIS...Sidebar: The T-test by James Stakelum There were 24 trades produced in the simulation run using the September 1994 Deutschemark futures contract. This sidebar gives sample calculations of the T-test using these figures.
ARTICLE SYNOPSIS...V. 22:9 (50-52): Sidebar: The geometry of chart patterns by Teresa Lo Pattern recognition is made simple using the swing lines of the classic swing indicator. Together with PowerSwing bars (not shown), the indicators act as visual aids, and basic geomet