Financial Indicators and Overlays

The following table displays the supported Financial Indicator and Overlay series. All properties are for the ‘series’ object in the options and mostly consist of the standard High, Low, Close and Volume for data binding with the addition of some series-specific ones.

NB! Setting series-specific properties (such as periods and multipliers) on series that do not accept such will result in an error, so beware if you share settings!

Series type

Description

Series.type property setting

Related properties

Absolute Volume Oscillator Indicator

An indicator that is calculated by taking the difference between two average volume measures. It is similar to the Percentage Volume Oscillator, but scores range from -100% to +100%. The indicator is used to identify whether volume trends are increasing or decreasing. The user can select the time period for analysis.

absoluteVolumeOscillatorIndicator

·         volumeMemberPath

·         shortPeriod

·         longPeriod

Accumulation Distribution Indicator

A very popular volume related indicator. It evaluates the supply and demand of a stock, security, or index over time by looking at disparities in whether investors are selling or buying.

accumulationDistributionIndicator

·         volumeMemberPath

·         closeMemberPath

·         highMemberPath

·         lowMemberPath

Average True Range Indicator

A financial indicator that measures a security's degree of price movement or volatility within a given period of time. The indicator is not a measure of price direction or duration, but simply the amount of price movement or volatility. The Average True Range (ATR) is frequently calculated with a 14 day period using several bases, including: daily, weekly or monthly. The Average True Range is the exponential moving average of the TR values for the last 14 periods. The actual period used can vary depending on user preference.

averageTrueRangeIndicator

·         closeMemberPath

·         highMemberPath

·         lowMemberPath

·         period

Average Directional Index

The average directional movement index (ADX) was developed as an indicator of trend strength in a series of prices of a financial instrument.

averageDirectionalIndexIndicator

·         closeMemberPath

·         highMemberPath

·         lowMemberPath

·         period

Bollinger Bands Overlay

Financial overlay that is a visual set of bands plotted above and below the price series. Bollinger Bands are based on the standard deviation in the prices, so they incorporate price changes in their width. The bands are wider when the standard deviation increases and narrower when the standard deviation decreases and are smoothed by a moving average. Apart from the standard deviation and smoothing period being user adjustable, there is also a user adjustable multiplier to affect the scale of the BollingerBandsOverlay width.

bollingerBandsOverlay

·         closeMemberPath

·         highMemberPath

·         lowMemberPath

·         period

·         multiplier

Bollinger Bandwidth indicator

Represents the normalized width of the bollinger bands for each provided value. Bollinger Band Width Indicator represents the width of the Bollinger bands at a given point. The more variation there is, the wider the band. Narrowing bandwidth (lower values) indicates decreases in standard deviation and widening bandwidth (higher values) indicates increasing standard deviation in price. The BollingerBandWidthIndicator supports a scaling factor like the BollingerBandsOverlay, so that their values can be matched.

bollingerBandWidthIndicator

·         closeMemberPath

·         highMemberPath

·         lowMemberPath

·         period

·         multiplier

 

Chaikin Oscillator Indicator

Used to identify trends in the accumulation/distribution indicator. The Chaikin Oscillator is the 10-day exponential moving average (EMA) of the accumulation/distribution indicator subtracted from the 3-day EMA of the accumulation/distribution indicator.

chaikinOscillatorIndicator

·         volumeMemberPath

·         closeMemberPath

·         highMemberPath

·         lowMemberPath

·         shortPeriod

·         longPeriod

Chaikin Volatility Indicator

Financial indicator that reflects the volatility of a security by showing the percent change of the Exponential Moving Average of the difference in high and low prices during a specified period of time.

chaikinVolatilityIndicator

·         highMemberPath

·         lowMemberPath

·         period

Commodity Channel Index Indicator

Financial indicator that is used to identify cyclical trends in a security. The indicator is based on the assumption that securities prices change in cycles that can be identified. It is calculated by dividing difference of the Simple Moving Average of the Typical Price (SMATP) during a given time period with the previous period’s Typical Price (TP) by the product of the Constant and the Mean Absolute Deviation.

commodityChannelIndexIndicator

·         closeMemberPath

·         highMemberPath

·         lowMemberPath

·         period

Detrended Price Oscillator Indicator

Financial indicator that was designed to control for long-term pricing trends in order to identify short-term trends. It is based on a displaced moving average and is not a momentum oscillator.

detrendedPriceOscillatorIndicator

·         closeMemberPath

·         period

Ease of Movement Indicator

Financial indicator that is used to identify the volume needed to change the price of a security. It is usually smoothed with a moving average.

easeOfMovementIndicator

·         volumeMemberPath

·         highMemberPath

·         lowMemberPath  

Fast Stochastic Oscillator Indicator

The Fast Stochastic Oscillator Indicator is used to identify buying or selling divergences. The Slow Stochastic Oscillator uses a 3-day SMA and the Full Stochastic Oscillator is the Slow Stochastic Oscillator with time period customization.

fastStochasticOscillatorIndicator

·         closeMemberPath

·         highMemberPath

·         lowMemberPath

·         period

Force Index Indicator

Price-and-volume oscillator that financial analysts use to determine if a stock's trend is positive or negative. The force index is calculated by subtracting yesterday's closing price from today's closing price and multiplying the difference with the current day’s volume. If the closing price is higher today than yesterday, the force is positive. If the closing price is lower than yesterday's, the force is negative.

forceIndexIndicator

·         volumeMemberPath

·         closeMemberPath

·         period

Full Stochastic Oscillator Indicator

A momentum financial indicator that displays the closing price relative to the high-low range over a given period of time. There are three types of Stochastic Oscillators: Fast, Slow, and Full. The Stochastic Oscillator is a momentum indicator that shows the relation of the current close price relative to the high/low range over a given time period using a scale of 0 to 100. It is based on the premise that prices will close near 100 in a rising market and closer to 0 in a declining market.

The Fast Stochastic Oscillator Indicator is used to identify buying or selling divergences. The Slow Stochastic Oscillator uses a 3-day SMA and the Full Stochastic Oscillator is the Slow Stochastic Oscillator with time period customization.

fullStochasticOscillatorIndicator

·         closeMemberPath

·         highMemberPath

·         lowMemberPath

·         period

·         triggerPeriod

·         smoothingPeriod

Market Facilitation Index Indicator

Combines price and volume in analysis to measure efficiency. It is calculated by taking the difference between the low price and the high price and dividing it by the volume.

marketFacilitationIndexIndicator

·         volumeMemberPath

·         highMemberPath

·         lowMemberPath

Mass Index Indicator

A financial indicator that is used for finding trend reversals. It is based on the premise that reversals are likely to happen when the price range widens. The calculation compares the previous trading ranges (highs minus lows). EMAs are used for this purpose. If there is substantial movement, the Mass Index Indicator increases, if there are small movements the Mass Index Indicator decreases.

massIndexIndicator

·         lowMemberPath

·         highMemberPath

Median Price Indicator

Represents the middle point between the high and low prices. Median is a measure of central tendency. The Median Price Indicator displays a chart of the median prices.

medianPriceIndicator

·         lowMemberPath

·         highMemberPath

Money Flow Index Indicator (MFI)

A momentum indicator and is similar to the Relative Strength Index (RSI The MFI is used as a measure of the money flowing in and out of a security and can be used to predict a trend reversal. MFI ranges from 0 and 100 and is interpreted like the RSI.

moneyFlowIndexIndicator

·         volumeMemberPath

·         closeMemberPath

·         highMemberPath

·         lowMemberPath

·         period

 

Moving Average Convergence Divergence Indicator (MACD)

This is one of the most popular indicators for financial services. It is used to identify changes in the strength, direction, momentum, or length of a trend for a stock price. MACD is computed by taking the difference between two exponential moving averages (EMAs) of closing prices. The difference is then charted over time with a moving average of the difference.

movingAverageConvergenceDivergenceIndicator

·         closeMemberPath

·         highMemberPath

·         lowMemberPath

·         longPeriod

·         shortPeriod

·         signalPeriod

 

Negative Volume Index Indicator

Frequently used in combination with the Positive Volume Index Indicator. This calculation can be used to identify bull markets. These two indicators are based on the premise that smart money trades on low volume days and less informed or overly optimistic investors trade on high volume days.

negativeVolumeIndexIndicator

·         volumeMemberPath

·         closeMemberPath

 

On Balance Volume Indicator

(OBV)

Calculates a running total of sales volume for a stock and displays whether this volume is flowing in (purchasing) or out (selling) of a given stock. The total volume for a day is given a positive or negative value depending on whether the prices were higher or lower that day than the previous day. A higher closing price would yield a positive value and a lower closing price would result in a negative value. These values are accumulated into the running total.

onBalanceVolumeIndicator

·         volumeMemberPath

·         closeMemberPath

 

Percentage Price Oscillator Indicator

An oscillating indicator that shows the difference between two moving averages. The difference is presented as a percentage of the larger moving average. The end user selects the time period for analysis.

percentagePriceOscillatorIndicator

·         volumeMemberPath

·         highMemberPath

·         lowMemberPath

·         longPeriod

·         shortPeriod

Percentage Volume Oscillator Indicator

The percentage difference between volume smoothed using a long period and a short period. The PVO Indicator hovers around zero. The user can select the various period values to analyze. PVO changes, when graphically displayed, can be useful for detecting patterns in volume. An increasing PVO indicates increases in volume levels and a declining PVO indicates declining volume levels.

percentageVolumeOscillatorIndicator

·         volumeMemberPath

·         longPeriod

·         shortPeriod

Positive Volume Index Indicator

Used together with the Negative Volume Index, it can be used to identify bull markets. These two indicators are based on the premise that smart money trades on low volume days and less informed or overly optimistic investors trade on high volume days.

positiveVolumeIndexIndicator

·         volumeMemberPath

·         closeMemberPath

 

Price Channel Overlay

An indicator of volatility. The changes in price over time are displayed between two parallel lines. The lower line is the trend line and is drawn on the lows prices, and the upper line is the channel line and is based on the high prices. Channels show trend direction for any time frame. Price channels, or trend, can be up, down or sideways.

priceChannelOverlay

·         highMemberPath

·         lowMemberPath

·         period

Price Volume Trend Indicator

Also knows as Volume–price trend (VPT), is an indicator intended to relate price and volume in the stock market. VPT is based on a running cumulative volume that adds or subtracts a multiple of the percentage change in share price trend and current volume, depending upon their upward or downward movements.

priceVolumeTrendIndicator

·         volumeMemberPath

·         closeMemberPath

Rate of Change And Momentum Indicator (ROC&M)

Calculates the difference between one closing price and the closing price N days ago. Momentum is the absolute difference and usually refers to a price trend. When an upward trend continues the momentum and ROC indicators are positive. When a declining trend continues the momentum and ROC indicators are negative.

rateOfChangeAndMomentumIndicator

·         closeMemberPath

·         period

Relative Strength Index Indicator (RSI)

A commonly used measure of market strength/weakness calculated on closing prices during a specified time period. It is based on the premise that prices close higher in strong market periods and lower in weak periods. RSI is the ratio of higher closes to lower closes. The range is 0 to 100.

relativeStrengthIndexIndicator

·         closeMemberPath

·         period

Slow Stochastic Oscillator Indicator

A momentum financial indicator that displays the closing price relative to the high-low range over a given period of time. There are three types of Stochastic Oscillators: Fast, Slow, and Full. The Stochastic Oscillator is a momentum indicator that shows the relation of the current close price relative to the high/low range over a given time period using a scale of 0 to 100. It is based on the premise that prices will close near 100 in a rising market and closer to 0 in a declining market.

 

The Fast Stochastic Oscillator Indicator is used to identify buying or selling divergences. The Slow Stochastic Oscillator uses a 3-day SMA and the Full Stochastic Oscillator is the Slow Stochastic Oscillator with time period customization.

slowStochasticOscillatorIndicator

·         closeMemberPath

·         highMemberPath

·         lowMemberPath

·         period

Standard Deviation Indicator

A financial indicator that statistically measures variation in stock prices or volatility. The difference between an individual security’s closing price and the average security closing price is called the dispersion. The larger the dispersion is the higher the standard deviation will be and therefore the volatility. The smaller the dispersion is (the difference between an individual closing price and the average price), the smaller the standard deviation and the lower the price volatility.

standardDeviationIndicator

·         closeMemberPath

·         highMemberPath

·         lowMemberPath

·         period

StochRSI Indicator

Financial indicator that measures when a security is overbought or oversold within a specified period of time. The values range from 0 to 1. The StochRSI Indicator is calculated by applying the Stochastic Oscillator formula to RelativeStrengthIndexIndicator (RSI) data.

stochRSIIndicator

·         closeMemberPath

·         period

TRIX Indicator

A measure of momentum used to identify overbought or oversold securities. Like other oscillators, TRIX scores hover around zero. A positive value indicates an overbought security while a negative value indicates an oversold one. TRIX is calculated using a triple exponential smoothed moving average of the price over a specific period of time. A signal line is frequently used to indicate where a security’s price is likely to be in the future.

trixIndicator

·         closeMemberPath

·         period

Typical Price Indicator

A common financial indicator (aka pivot point) that represents the arithmetic average of the High, Low, and Closing prices of a security for a given period of time.

typicalPriceIndicator

·         closeMemberPath

·         highMemberPath

·         lowMemberPath

Ultimate Oscillator Indicator

A financial indicator that uses the weighted average from three different time periods in order to reduce the volatility and noise associated with other indicators that are based on single time periods. Since this is a range bound indicator, the scores are between 0 and 100.

ultimateOscillatorIndicator

·         closeMemberPath

·         highMemberPath

·         lowMemberPath

Weighted Close Indicator

A financial indicator that is similar to the Typical Price Indicator in that it represents an average of the high price, low price, and closing price for a day. However, with the Weighted Close Indicator, more emphasis is placed on the closing price and it is included twice when calculating the arithmetic average.

weightedCloseIndicator

·         closeMemberPath

·         highMemberPath

·         lowMemberPath

Williams Percent Range Indicator

A momentum indicator that is similar to the Stochastic Oscillator. However, the scale ranges from 0 to -100. It is useful for identifying overbought and oversold securities. The Williams Percent Range Indicator is calculated by dividing the difference between the highest high for the period and the current close by the highest high minus the lowest low for the period.

williamsPercentRIndicator

·         closeMemberPath

·         highMemberPath

·         lowMemberPath

·         period