|
Abbreviation |
Description |
|
ADX |
Average Directional Index measures the strength of a prevailing trend, and whether or not there is movement or direction in a market. |
|
ATR |
Average True Range is a Moving Average of the True Range values over 'n' periods of time. |
|
BOLL
|
Bollinger Bands draws two bands that are typically plotted two numbers of standard deviations above and below a moving average. |
|
PCNTB |
Bollinger Bands %B is a measure of where a symbol is within its Bollinger Bands. |
|
CCI |
Commodity Channel Index is used to identify the beginning and ending of cycles.
|
|
CORR |
Correlation is a statistical measure of how two symbols move in relation to each other. |
|
CRACK |
Crack Spread is the difference between the revenue from the refined products based on futures prices. |
|
CRUSH |
Crush Spread is a futures transaction that parallels the process of producing bean oil (BO) and soy meal (SM) from soybeans (S). |
|
DMI |
Directional Movement Index is used to determine whether a market is in a trending or non-trending mode, helping to identify whether it is bullish or bearish. |
|
DMA |
Displaced Moving Average allows you to shift or center the moving average on the price chart. |
|
ENV |
Envelopes are bands that are plotted in a certain, identical relationship above and below the Moving Average. |
|
EMA |
Exponential Moving Average assigns more weight to recent price data, and less weight to prices further back in time. It is more sensitive to price activity than the simple moving average and tends to stick closer to the trend. |
|
EOSC |
Exponential Oscillator is the difference between two Exponential Moving Averages. |
|
HLMA |
High/Low Moving Average allows you to quickly and easily compute a simple moving average of the high and low for the interval. The length of the moving average may vary for the high and low. |
|
HILOW |
Highest High/Lowest Low of last 'n' periods defines an envelope of values by using the Highest High of Last 'n' Periods. |
|
HV |
Historic Volatility is a statistical standard deviation calculation that shows the historic volatility of the base instrument. |
|
ICH |
Ichimoku Study is a trend-following indicator that identifies support and resistance levels and generates trading signals in a way similar to moving averages. |
|
ICH1 |
|
|
ICH2 |
Senkou Span A , Senkou Span B , & Kumo (Leading lines) of the Ichimoku Study. |
|
ICH3 |
|
|
KC
|
Keltner Channel is a moving average of the "typical price", sometimes referred to as "average price". The width of the channel adjusts to market volatility. |
|
LIN |
Least Squares Linear Regression indicates the dominant market trend relative to time. It can inform you when the market is diverging from an established trend, but only when prices fluctuate uniformly around the trendline and within a narrow range. |
|
LOSC |
Line Oscillator is a combination of two different studies. The first set of calculations compute a simple oscillator. The second part computes a simple moving average of the oscillator. |
|
MP |
Median Price is calculated by adding the highest and lowest price of the observation period and then dividing this by two. |
|
MOM |
Momentum is the difference between today's low and yesterday's low. |
|
MA |
Moving Average is generally used to identify or confirm a trend, and works best in trending markets. |
|
MACD |
Moving Average Convergence Divergence Indicator calculates moving averages that can monitor and signal trends. It is both a trend following indicator as well as an oscillator. |
|
MSD |
Moving Standard Deviation is a statistical measurement of volatility. It is derived by calculating an n-time period Simple Moving Average of the data item; summing the squares of the difference between the data item and its Moving Average over each of the preceding n-time periods; dividing this sum by n and calculating the square root of this result. |
|
OBV |
On Balance Volume is calculated as the continuous consecutive sum of volumes, whereby the entire volume of a day is added to the volume of the previous day’s OBV, if today’s closing price is above that of yesterday. |
|
OI |
Open Interest plots the number of open contracts for the futures market. |
|
OSC |
Oscillator can be used to help identify divergences, short-term variations from the long-term trend, and to identify the crossing of two Moving Averages, which occur when the oscillator crosses the zero line. |
|
OBOS |
Overbought/Oversold Index relates the difference between today’s closing price and the period’s low with the trade margin of the given period. |
|
PIVOT |
Pivot Points uses previous days values to approximate support and resistance levels. |
|
PIVOT_MA |
Pivot Points Moving Average uses a simple Moving Average to smooth Pivot Points values. |
|
SAR |
Parabolic Stop and Reversal - The study continuously computes "stop and reverse" price points. Whenever the market penetrates this "stop and reverse" point, you liquidate your current position and take the opposite position. |
|
ROC |
Rate Of Change compares the most current bar's closing price in the past. The difference is calculated as a percentage. Crossing above the zero line is considered to be positive indication and, to some, a buy signal. |
|
RSI |
Relative Strength Index plots upper and lower boundaries to determine overbought and oversold market conditions. |
|
RMA |
Rolling Moving Average, sometimes referred to as "Smoothed Moving Average", assigns a weight to the price data as the average is calculated, though less weight is assigned to each later price in the series. |
|
SSTO |
Slow Stochastic is simply the normal stochastic smoothed via a moving average technique.
|
|
SOSC |
Smoothed Oscillator is an Exponential Oscillator, only with a longer period applied. |
|
STO |
Stochastic is an oscillator that compares the difference between the closing trade price of an instrument and the period low, relative to the trading range over an observation time period. |
|
TEMA |
TEMA is a composite of a Single Exponential Moving Average, a Double Exponential Moving Average, and a Triple Exponential Moving Average. |
|
TVOL
|
Tick Volume is not an exact indicator. If you are familiar with the traditional uses of volume, you should quickly understand the significance of tick volume. |
|
TRIX |
Trix displays the percent rate-of-change of a triple Exponentially smoothed Moving Average of the closing price. |
|
ULTOSC |
Ultimate Oscillator compares an instrument’s price with its price x-periods ago. |
|
VMA |
Variable Moving Average - The Variable Moving Average study allows you to get very creative with the moving averages. Three moving averages are applied (normal, exponential, and smoothed). |
|
VOL |
Volume can provide insight into the strength or weakness of a price trend.
|
|
VOL/OI |
Volume and Open Interest. These values are transmitted from the exchanges. However, the actual volume and open interest figures are always one day behind price information. |
|
WTCL |
Weighted Close is another way of viewing the price data. It is an average of each day's price, placing a greater emphasis on the closing price rather than the high or low. |
|
WMA |
Weighted Moving Average is designed to give the current or the recent price more weight than the previous prices |
|
WV |
Wilder’s Volatility is a volatility index made up of the ongoing calculated average, the True Range. |
|
PR |
William's %R examines ten trading days to determine the trading range, then calculates where today's closing price fell within that range. |
|
AD |
Williams' Accumulation/Distribution Index is a price change index, whereby the biggest price difference from today’s high or low, or yesterday’s closing price is subtracted from today’s closing price. |