Super Trend Indicator
by PRASHANT SHAH -
Developed by Olivier Seban, Super trend is an indicator plotted on the price chart like a moving average.Let us discuss three important components of this indicator.1: Range-price.In every bar or candle, we have four prices – Open, High, Low, Close.We have the option to select any price of above to define the trend. For example, ... Read more
Ichimoku Indicator
by PRASHANT SHAH -
Ichimoku is a very popular Japanese indicator. Let’s discuss how it is calculated and used. If we collect last 52 bars and combine then to make one candle from it, the high of the combined candle will be highest high of those 52-bars and Low of the combined candle will be lowest low of the ... Read more
Adaptive Moving Average (AMA)
by PRASHANT SHAH -
An indicator devised by Perry Kaufman explained in his book Trading System and Methods by Perry Kaufman. It is also known as Kaufman’s Adaptive Moving Average (KAMA).Rate of change (ROC) is a study that measures how much price moved up or down from previous bar. The daily rate of change captures the trend. When we ... Read more
D Smart line
by PRASHANT SHAH -
Creator: Definedge D Smart is an exceptional indicator in many ways. It is a chart specific indicator that started with plotting an indicator on the Renko chart. There are many indicators that can be plotted on different charting types such as candlestick Point & Figure, Renko etc. The formulas of the indicators are usually the same ... Read more
