Technical Indicators and Overlays
Technical Indicators are the often squiggly lines found above, below and ontopof the price information on a technical chart. Indicators that use the same scale as prices are typically plotted on top of the price bars and are therefore referred to as “Overlays”.
If you are new to stock charting and the use of technical indicators, the following article will help you get going:
Technical Overlays
Anchored VWAP A version of the VWAP overlay where the chartist defines the starting point for overlay calculations.
Bollinger Bands A chart overlay that shows the upper and lower limits of 'normal' price movements based on the Standard Deviation of prices.
Chandelier Exit An indicator that can be used to set trailing stoplosses for both long and short positions.

Hull Moving Average (HMA)  A very responsive moving average calculation that weights recent prices more heavily than those earlier in the period.
Ichimoku Cloud A comprehensive indicator that defines support and resistance, identifies trend direction, gauges momentum and provides trading signals.

Keltner Channels A chart overlay that shows upper and lower limits for price movements based on the Average True Range of prices.
Moving Averages Chart overlays that show the 'average' value over time. Both Simple Moving Averages (SMAs) and Exponential Moving Averages (EMAs) are explained.
Moving Average Ribbon A quick way to plot several moving averages with different lookback periods on a chart at once.

Parabolic SAR A chart overlay that shows reversal points below prices in an uptrend and above prices in a downtrend.
Pivot Points A chart overlay that shows reversal points below prices in an uptrend and above prices in a downtrend.
Price Channels A chart overlay that shows a channel made from the highest high and lowest low for a given period of time.

Volume By Price A chart overlay with a horizontal histogram showing the amount of activity at various price levels.

ZigZag A chart overlay that shows filtered price movements that are greater than a given percentage.
Technical Indicators

Aroon Uses Aroon Up and Aroon Down to determine whether a stock is trending or not.



Balance of Power (BOP) Measures buying and selling pressure to determine which side is in greater control and driving price action.
Bollinger BandWidth Shows the percentage difference between the upper and lower Bollinger Band.
%B Indicator Shows the relationship between price and standard deviation Bollinger Bands.
Chaikin Money Flow (CMF) Combines price and volume to show how money may be flowing into or out of a stock Alternative to Accumulation/Distribution Line.
Chaikin Oscillator Combines price and volume to show how money may be flowing into or out of a stock. Based on Accumulation/Distribution Line.
Chande Trend Meter (CTM) Scores the strength of a stock's trend, based on several technical indicators over six different timeframes.

ConnorsRSI A momentum oscillator created from the composite of RSI, ROC, and Up/Down Length, designed for shorterterm trades.
Coppock Curve An oscillator that uses rateofchange and a weighted moving average to measure momentum.






Mass Index An indicator that identifies reversals when the price range widens.

MACDHistogram A momentum oscillator that shows the difference between MACD and its signal line.


On Balance Volume (OBV) Combines price and volume in a very simple way to show how money may be flowing into or out of a stock.




Pring's Special K A momentum indicator from Martin Pring that combines shortterm, intermediate and longterm velocity.


RRG Relative Strength Uses RSRatio to measure relative performance and RSMomentum to measure the momentum of relative performance.

Slope Measures the riseoverrun for a linear regression.


StochRSI Combines Stochastics with the RSI indicator to help you see RSI changes more clearly.
TRIX A triplesmoothed moving average of price movements.
True Strength Index An indicator that measures trend direction and identifies overbought/oversold levels.
TTM Squeeze A volatility indicator used to identify periods of consolidation and determine the likely direction of the resulting move.
Ulcer Index An indicator designed to measure market risk or volatility.
Ultimate Oscillator Combines longterm, midterm and shortterm moving averages into one number.
Vortex Indicator An indicator designed to identify the start of a new trend and define the current trend.
Williams %R Uses Stochastics to determine overbought and oversold levels.
We also have a large collection of Market Indicators documented on this page.