Portfolio Management Software
Overview Accumulation is a term used to describe a market controlled by buyers; whereas distribution is defined by a market controlled by sellers. Interpretation Williams recommends trading this indicator based on divergences: Distribution of the security is indicated when the security is making a new high and the A/D indicator […]
Overview Williams % R (pronounced “percent R”) is a momentum indicator that measures overbought/oversold levels. Williams %R was developed by Larry Williams. Interpretation The interpretation of Williams’ %R is very similar to that of the Stochastic Oscillator except that %R is plotted upside-down and the Stochastic Oscillator has internal smoothing. […]
Overview The Zig Zag indicator filters out changes in an underlying plot (e.g., a security’s price or another indicator) that are less than a specified amount. The Zig Zag indicator only shows significant changes. Interpretation The Zig Zag indicator is used primarily to help you see changes by punctuating the […]
This tutorial written and reproduced with permission from Peter Ponzo So I get this e-mail that talks about pivot points and … And you never heard of them, right? No. I mean, yes, I never heard of them, but they seemed interesting so I thought I’d investigate. The idea is […]
Overview A basic principle of technical analysis is that security prices move in trends. We also know that trends do not last forever. They eventually change direction and when they do, they rarely do so on a dime. Instead, prices typically decelerate, pause, and then reverse. These phases occur as […]