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Technical indicators

Technical indicators are a mathematical transformation of financial instrument's price and/or volume to forecast future changes in price. Signals of technical indicators help determine whether to open or close a position.

Judging by the functional properties, indicators may be divided into two groups: trend indicators and oscillators. Trend indicators allow to establish price movement in one direction and turning points simultaneously or with a delay. Oscillators allow to define price turning points in advance or simultaneously.

The client terminal contains a vast library of built-in technical indicators:

  • Accelerator/Decelerator Oscillator — AC
  • Accumulation/Distribution — A/D
  • Accumulation Swing Index — ASI
  • Alligator
  • Average Directional Movement Index — ADX
  • Average True Range — ATR
  • Awesome Oscillator — AO
  • Bollinger Bands — BB
  • Chaikin Oscillator — CHO
  • Chaikin Volatility — CHV
  • Commodity Channel Index — CCI
  • DeMarker — DeM
  • Detrended Price Oscillator — DPO
  • Elder-rays
  • Envelopes
  • Force Index — FRC
  • Fractals
  • Gator Oscillator — Gator
  • Ichimoku Kinko Hyo
  • Market Facilitation Index — BW MFI
      • Mass Index — MI
      • Momentum
      • Money Flow Index — MFI
      • Moving Average — MA
      • Moving Average Convergence/Divergence — MACD
      • Moving Average of Oscillator — OsMA
      • On Balance Volume — OBV
      • Parabolic SAR
      • Pivot Points Support and Resistance Lines — PP
      • Price and Volume Trend — PVT
      • Price Rate of Change — ROC
      • Relative Strenght Index — RSI
      • Relative Vigor Index — RVI
      • Stochastic Oscillator
      • Ultimate Oscillator — UO
      • Volume Rate of Change — VROC
      • Williams’ Accumulation/Distribution — WA/D
      • Williams’ Percent Range — %R
      • Zig Zag

      Indicators are imposed on the chart from "Navigator" window by Drag`n`Drop technology, by menu "Insert — Indicators" menu command or similar command of chart's context menu. Technical indicator may be created in the indicators window, with its own vertical scale (for instance MACD) or may be just imposed on the price chart (for instance Moving Average). At this, you can create indicators, based not only on price data and their derivatives (Median, Typical, Weighted), but also on other indicators. For example, you can create Moving Average indicator, based on Awesome Oscillator and thus get a signal line in addition to AO. For that you first create AO indicator, then MA indicator, after that you choose "Previous Indicator`s Data" (impose indicator on the previous indicator's data) in its settings in the field "Apply to". If you choose "First Indicator's Data" then MA will be created, based on data of the first indicator, which not necessarily will be AO. When setting indicators, beside analytical parameters you can also set colors of elements, thickness of lines and size of used symbols. In future all the settings may be changed. In order to do that you need to perform the command "Indicators — Edit" from chart's context menu or the command "Indicator Properties..." of indicator context menu (indicator context menu pops up when you press the right mouse button on the line, symbol or chart bar of required indicator). To remove the indicator you need to perform the command "Indicators — Delete" of the chart's context menu or "Delete Indicator" of indicator context menu. The indicator context menu also contains the command "Delete Indicator Window", which deletes indicator window with all its contents.

      Attention: You can set the indicator's exact value if you put cursor on the indicator's line, symbol or edge of chart bar.