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| ==== Chande Trend Meter (CTM) ==== | ==== Chande Trend Meter (CTM) ==== | ||
| An indicator developed by Tushar Chande, which assigns a numerical score measuring a stock's trend strength. The scoring calculations are based on several technical indicators covering six different timeframes. CTM is plotted on a vertical scale from 0 to 100. Values above 80 are considered to be in a strong uptrend. See our ChartSchool article on [[:technical_indicators:chande_trend_meter|Chande Trend Meter]]. | An indicator developed by Tushar Chande, which assigns a numerical score measuring a stock's trend strength. The scoring calculations are based on several technical indicators covering six different timeframes. CTM is plotted on a vertical scale from 0 to 100. Values above 80 are considered to be in a strong uptrend. See our ChartSchool article on [[:technical_indicators:chande_trend_meter|Chande Trend Meter]]. | ||
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| + | ==== Chandelier Exit ==== | ||
| + | An indicator that sets a trailing stop-loss based on the Average True Range (ATR). The Chandelier Exit is designed to keep traders in a trend and prevent an early exit as long as the trend extends. The indicator line will typically be above prices during a downtrend and below prices during an uptrend. See our ChartSchool article on [[:technical_indicators:chandelier_exit|Chandelier Exit]]. | ||
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| ==== Channel ==== | ==== Channel ==== | ||
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| ==== Confirmation ==== | ==== Confirmation ==== | ||
| A subsequent signal that validates a position stance. Traders and investors sometimes look for more than one signal or require validation before acting. For example, confirmation of a trend change may entail an advance past the previous reaction high. For an indicator such as MACD, confirmation of a divergence may be a subsequent moving average crossover. | A subsequent signal that validates a position stance. Traders and investors sometimes look for more than one signal or require validation before acting. For example, confirmation of a trend change may entail an advance past the previous reaction high. For an indicator such as MACD, confirmation of a divergence may be a subsequent moving average crossover. | ||
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| + | ==== ConnorsRSI ==== | ||
| + | ConnorsRSI is a momentum oscillator developed by Larry Connors and the team at Connors Research. It's used for identifying overbought/oversold conditions in shorter trading timeframes. ConnorsRSI combines the momentum measurement of RSI with components that measure the duration of the trend and the magnitude of the price change, to create a more reliable short-term RSI indicator. See our ChartSchool article on [[:technical_indicators:connorsrsi|ConnorsRSI]]. | ||
| ==== Contingent Deferred Sales Charge (CDSC) ==== | ==== Contingent Deferred Sales Charge (CDSC) ==== | ||