Glossary - T

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glossary_t [2020/10/14 22:46]
betseyp
glossary_t [2021/01/08 22:11]
betseyp [TRIX]
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 ==== TRIX ==== ==== TRIX ====
-A momentum indicator showing the percent rate-of-change of a triple exponentially-smoothed moving average. Like other oscillators,​ TRIX oscillates around a zero line. Its triple exponential smoothing makes it an excellent filter of market noise and it functions well as a leading indicator of market trends. See our ChartSchool article on [[:​technical_indicators:​trix|TRIX]]+A momentum indicator showing the percent rate-of-change of a triple exponentially-smoothed moving average. Like other oscillators,​ TRIX oscillates around a zero line. Its triple exponential smoothing makes it an excellent filter of market noise and it functions well as a leading indicator of market trends. See our ChartSchool article on [[:​technical_indicators:​trix|TRIX]]
 + 
 +==== TTM Squeeze ==== 
 +A volatility and momentum indicator used to identify periods of consolidation and indicate the likely direction of a resulting move. Volatility is measured by looking for a squeeze: trading days where the security'​s Bollinger Bands are completely enclosed within the security'​s Keltner Channels, indicating very low volatility. Once the Bollinger Bands expand and break outside the Keltner Channels, the squeeze has "​fired"​ and the security is likely to make a big price move. The momentum component of the indicator helps to determine the likely direction of that move. See our ChartSchool article on [[:​technical_indicators:​ttm_squeeze|TTM Squeeze]].
  
 ==== Typical Price ==== ==== Typical Price ====
 The average of the high, low and close. Typical Price = (High + Low + Close)/3. The average of the high, low and close. Typical Price = (High + Low + Close)/3.