Connors RSI including backtest Often referred to as CRSI, the Connors RSI indicator is a momentum-based oscillator that tries to improve on the original 14-period RSI indicator developed by Welles Wilder. Unlike the original 14-period RSI indicator, the CRSI uses 2 periods as its lookback input parameter and combines the momentum measurement of RSI with…
Zweig Breadth Thrust Indicator is a market breadth indicator that helps you understand the internal strength of the market, at least that’s what the theory says. There are many breadth indicators – among them the Zweig Breadth Thrust Indicator (one of many). The best way to measure market breadth is by looking at the number…
Is it possible to use the ADX indicator (Average Directional Movement Index) (DMI) to find a profitable ADX trading strategy? This article looks at the ADX indicator where we make some historical backtest to evaluate and analyze. The adx indicator was developed by Welles Wilder and released in his book in 1978 called New Concepts…
Below we have assembled the trading indicators we have covered so far. It’s a work in progress and many more trading indicators are added in the future. Unlike many other websites, we are not interested in anecdotal evidence and thus we have backtested all the trading indicators. What are the best technical indicators for trading?…
It is important to be able to identify the beginning of a new trend; equally, it is also important to be able to identify the end of a trend. A well-timed entry fits perfectly with a well-timed exit. The parabolic stop and reverse (SAR) indicator is one trading tool that can tell us a lot…
Many trading indicators are available to traders. One of the indicators used in the stock market is the DeMarker indicator, named after Thomas DeMark, a prominent technical analyst. This indicator is a part of a trading system that incorporates bollinger bands. The DeMarker indicator, also known as “DeM”, is a technical indicator that measures the…
Most of the technical indicators that traders use nowadays we developed back in the 70, ’80s, and ’90s. However, the indicator we are going to introduce to you today was created not so long ago, in 2010. It’s called the Vortex indicator. The Vortex indicator is a mean reversion oscillator that is used to spot…
Just as traders use technical indicators to attempt to predict the future direction of an asset, quantitative analysts also utilize various statistical and mathematical models to forecast the future values of assets, with one of these models being the Kalman Filter. What is the Kalman Filter trading strategy? The Kalman Filter is a mathematical algorithm…
The Conference Board Leading Economic Index (LEI) is a predictive variable that anticipates turning points in the business cycle. It is designed to signal peaks and troughs in the economy, typically by around 7 months for the U.S. and 3 months for global indicators. For example, the LEI for the U.S. fell in November 2023,…
Can we make a profitable MACD trading strategy with the help of the MACD indicator and the MACD histogram? This article looks at creating a MACD trading strategy with the MACD indicator. We look at what it is, and how you can use it. Does the MACD indicator work? In which markets does it work…
