IAMLEGEND CHART LESSON OF THE DAY!!! ~~INDICATORS LESSON~~
**LINK BACK FOR PREVIOUS LESSONS**
Momentum TRIX - rate-of-change of smoothed moving average StochRSI - overbought and oversold levels in RSI ROC - percent change Stochastic - over bought / over sold RSI - Average Gain / Average Loss WM%R - price close vs. range top /bottom ---------------------------------------------------------- Trend Aroon - close high /low DMI - price direction / ADX strength Macd - +/- moving averages - direction & strength PPO - increasing / decreasing price ----------------------------------------------------------------- Volume PVO - increasing / decreasing volume OBV - close above vs below totals Acc/Dist - ave close totals CMF - A/D strength divided by volume = pressure MFI - RSI volume-weighted
1.Strong positive pressure is seen when the CMF is above .25 and strong negative when the CMF is below - .25. 2.Full Stochastic- bullish-above 20 line bearish below 80 line
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