This tutorial written and reproduced with permission from Peter Ponzo Once upon a time, a British government bureaucrat named Harold Edwin Hurst studied 800 years of records of the Nile’s flooding. He noticed that there was a tendency for a high flood year to be followed by another high flood […]
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Overview The Average True Range (“ATR”) is a measure of volatility. It was introduced by Welles Wilder in his book, New Concepts in Technical Trading Systems, and has since been used as a component of many indicators and trading systems. Interpretation Wilder has found that high ATR values often occur […]
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Overview The Arms Index is a market indicator that shows the relationship between the number of stocks that increase or decrease in price (advancing/declining issues) and the volume associated with stocks that increase or decrease in price (advancing/declining volume). It is calculated by dividing the Advance/Decline Ratio by the Upside/Downside […]
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Overview The Advancing-Declining Issues is a market momentum indicator which shows the difference between stocks listed on the New York Stock Exchange that advanced in price minus those that declined. As of this writing, about 2,500 issues trade each day on the NYSE. The difference between the number of advancing […]
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Overview Advancing, declining, and unchanged volume are all market momentum indicators. They reflect movement on the New York Stock exchange in millions of shares. Advancing volume is the total volume for all securities that advanced in price. Declining volume is the total volume for all securities that declined in price. […]
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