Indicators

The 21 indicators

TickTurn puts all 21 of these to one symbol at once and counts their answers as a single vote each — bullish, neutral or bearish. Here is what every one of them measures, and where the line between those three sits.

Trend · 7 of them

  • Moving average crossover — The oldest way of catching a turn in trend: watch where a short average meets a long one.
  • MACD — A line drawn from the distance between the 12-day and 26-day exponential averages.
  • Ichimoku Kinko Hyo — A Japanese all-in-one indicator that tries to fit support, resistance, trend and timing onto a single chart with five lines.
  • ADX / DMI — Not an indicator of direction, but one that measures **whether there is a trend at all**.
  • Parabolic SAR — Dots trail the price, and the moment price crosses through them the indicator declares the direction flipped.
  • Supertrend — A single line offset by the size of recent volatility (ATR).
  • Fibonacci retracement — Measures how much of a recent advance (or decline) has been given back, to judge whether the move is still alive.

Momentum · 6 of them

  • RSI — The ratio of gains to losses, mapped onto a 0–100 scale.
  • Stochastic oscillator — Where today's close sits inside the high-low range of the last 14 days, as a percentage.
  • CCI — Measures how far price has travelled from its average, to catch both where a trend begins and where it has run hot.
  • Williams %R — How far price has been pushed down from the high of the last 14 days.
  • Disparity index — Where price sits as a percentage of its 25-day moving average.
  • Momentum (ROC) — The simplest of them all: today's price against the price 12 trading days ago, with nothing else added — pure speed of change.

Volatility · 4 of them

  • Bollinger Bands — A corridor two standard deviations either side of the 20-day average, showing where inside it price is travelling.
  • Keltner Channel — Much like Bollinger Bands, except the width comes from **actual trading range (ATR)** rather than standard deviation.
  • Donchian Channel — Draw the highest high and lowest low of a fixed window as two lines, and trade only the moment price cuts through one.
  • ATR volatility — How wide an average day's range is.

Volume · 3 of them

  • OBV — Add the volume of up days and subtract the volume of down days, and keep a running total.
  • MFI — RSI with turnover folded in.
  • VWAP — The average price weighted by volume.

Patterns · 1 of them

What the number can and cannot say

The 21 votes add up to the bullish-signal score on the result screen. It is not a probability, and a higher score does not mean a bigger move. How that was tested, and what it cannot say, is written up in how we tested.

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