The Moving Average Convergence Divergence (MACD) is one of the most popular indicators out there. However, with the basic crossover strategy backtest, the results weren't that spectacular with an average…
The True Strength Index is a momentum oscillator used for identifying trends and reversals. When the TSI has a positive value, it means the stock is bullish, and a negative…
The Stochastic Slow is the worst indicator that has been backtested here so far, with an average profit factor of only 0.923. What if we try to improve it by…
The Price Zone Oscillator (PZO) calculates the ratio between 2 exponential moving averages to create overbought and oversold levels. There are a few key levels to look at with this…
The Know Sure Thing oscillator shows the momentum of a stock by calculating the simple moving average (SMA) of 4 different rate of change (ROC) periods and adding them up…
The TTM Squeeze is a volatility and momentum indicator. For the momentum part, there is an oscillator that moves above and below the zero line. Above zero means there is…
The Awesome Oscillator is an indicator displayed in a subchart that shows the momentum of a stock. It starts with a zero line, and a histogram is calculated using the…
The ADX indicator is used to show the strength of a trend. It is plotted in a subchart with a line that goes from 0 to 100. When the ADX…
The Parabolic SAR (stop and reverse) indicator shows bullish and bearish directions of an asset by displaying dots above or below the price bars. When the dot is below the…
The Ichimoku Cloud is probably one of the messiest indicators available out there. It consists of 5 different lines: conversion line, base line, leading span A and B lines, and…