Others
Other Indicators
This category includes specialized indicators that don't fit neatly into other categories, composite indicators that combine multiple techniques, and unique market analysis tools.
Available Other Indicators
ASI (Accumulative Swing Index)
Cumulative version of the Swing Index that provides longer-term swing momentum analysis.
Configuration
indicator: ASI
limit_move: 0.5
Parameters
Parameter | Default | Range | Description |
---|---|---|---|
limit_move | 0.5 | 0.1-2.0 | Limit move value |
Interpretation
- Rising ASI: Bullish swing momentum
- Falling ASI: Bearish swing momentum
- Divergence: Potential trend reversal
Trading Signals
- Buy: ASI making higher highs with price
- Sell: ASI making lower lows with price
- Divergence: ASI contradicts price movement
Related Indicators
- [Swing Index](related swing calculations)
- Momentum
Advance/Decline
Market breadth indicator that shows the difference between advancing and declining issues in the market.
Configuration
indicator: Advance_Decline
period: 10
Interpretation
- Above zero: More advances than declines
- Below zero: More declines than advances
- Extreme readings: Potential market reversals
Trading Applications
- Market sentiment: Overall market health
- Breadth analysis: Market participation
- Reversal signals: Extreme readings
Related Indicators
- Market breadth indicators
- Sector rotation analysis
Balance of Power
Measures the buying and selling pressure within each trading period by analyzing where the close is relative to the open.
Configuration
indicator: Balance_of_Power
period: 14
Interpretation
- Above zero: Buying pressure dominant
- Below zero: Selling pressure dominant
- Extreme readings: Pressure exhaustion signals
Trading Signals
- Buy: Balance of Power consistently above zero
- Sell: Balance of Power consistently below zero
- Reversal: Extreme readings suggest exhaustion
Related Indicators
Chande Kroll Stop
Volatility-based stop loss system that adapts to market conditions using Average True Range.
Configuration
indicator: Chande_Kroll_Stop
period: 10
multiplier: 3.0
Interpretation
- Price below long stop: Exit long position
- Price above short stop: Exit short position
- Adaptive to volatility: Adjusts with market conditions
Trading Applications
- Stop-loss placement: Dynamic stop levels
- Risk management: Volatility-adjusted stops
- Position management: Trailing stop system
Related Indicators
MA Cross
Simple moving average crossover system that generates signals when fast and slow moving averages cross.
Configuration
indicator: MA_Cross
fast_period: 10
slow_period: 20
ma_type: SMA
Interpretation
- Fast above slow: Bullish signal (Golden Cross)
- Fast below slow: Bearish signal (Death Cross)
- Classic trend following: Simple and reliable
Trading Signals
- Buy: Fast MA crosses above slow MA
- Sell: Fast MA crosses below slow MA
- Hold: Maintain position while trend continues
Related Indicators
Majority Rule
Combines signals from multiple indicators to create consensus-based trading signals, reducing false signals.
Configuration
indicator: Majority_Rule
indicators: [RSI, MACD, Stochastic]
threshold: 0.6
Interpretation
- Above threshold: Bullish consensus
- Below threshold: Bearish consensus
- Reduces false signals: Multi-indicator confirmation
Trading Applications
- Signal confirmation: Multiple indicator agreement
- False signal reduction: Consensus approach
- System reliability: Improved signal quality
Related Indicators
MA Double
Double exponential moving average that provides smoother signals with reduced whipsaw compared to single moving averages.
Configuration
indicator: MA_Double
period: 14
Interpretation
- Price above DEMA: Bullish trend
- Price below DEMA: Bearish trend
- Less whipsaw: Smoother than single MA
Related Indicators
MA Hamming
Moving average based on Hamming window function, designed for effective noise reduction using signal processing techniques.
Configuration
indicator: MA_Hamming
period: 20
Interpretation
- Reduces noise effectively: Signal processing approach
- Smooth trend identification: Clean signals
- Advanced filtering: Mathematical optimization
Related Indicators
MA Multiple
Displays multiple moving averages of different periods on a single chart to create a moving average ribbon.
Configuration
indicator: MA_Multiple
periods: [5,10,20,50]
ma_type: EMA
Interpretation
- Ribbon expansion: Trending market
- Ribbon compression: Ranging market
- Order indicates trend strength: Alignment shows trend
Trading Applications
- Multi-timeframe analysis: Different trend speeds
- Trend strength: Ribbon alignment
- Support/resistance: Multiple MA levels
Related Indicators
MA Triple
Triple exponential moving average that provides extremely smooth signals with minimal lag for long-term trend identification.
Configuration
indicator: MA_Triple
period: 14
Interpretation
- Price above TEMA: Strong bullish trend
- Price below TEMA: Strong bearish trend
- Extremely smooth: Ultra-smooth signals