MohamedHegazy's articles Mass Index Mass Index Signals Donald Dorsey looked for “reversal bulges” to signal a trend reversal. According to Dorsey, a bulge occurs when the Mass Index moves above 27. This initial bulge does not complete the signal, however. Dorsey waited for this bulge to reverse with a move back below 26.50. Once the reversal bulge is complete, […] May 9, 2021May 9, 2021 Saving Bookmark this article Bookmarked Ease of Movement (9) Ease of Movement Interpretation The example below shows the Nasdaq 100 ETF (QQQ) with the 1-period EMV in the lower indicator window. I am using EquiVolume bars because these show only the high-low range for the given period. The blue arrows show two small EMV values, one slightly positive and the other slightly negative. […] May 9, 2021May 9, 2021 Saving Bookmark this article Bookmarked Force Index (8) Force Index Interpretation As noted above, there are three elements to the Force Index. First, there is either a positive or negative price change. A positive price change signals that buyers were stronger than sellers, while a negative price change signals that sellers were stronger than buyers. Second, there is the extent of the […] May 9, 2021May 9, 2021 Saving Bookmark this article Bookmarked Money Flow Index (MFI) Money Flow Index (MFI) As a volume-weighted version of RSI, the Money Flow Index (MFI) can be interpreted similarly to RSI. The big difference is, of course, volume. Because volume is added to the mix, the Money Flow Index will act a little differently than RSI. Theories suggest that volume leads prices. RSI is a […] May 9, 2021May 9, 2021 Saving Bookmark this article Bookmarked Rate of Change (ROC) Rate of Change (ROC) The Rate-of-Change oscillator measures the speed at which prices are changing. An upward surge in the Rate-of-Change reflects a sharp price advance. A downward plunge indicates a steep price decline. Even though chartists can look for bullish and bearish divergences, these formations can be misleading because of sharp moves. Sustained advances […] May 9, 2021May 9, 2021 Saving Bookmark this article Bookmarked Price Relative / Relative Strength Price Relative / Relative Strength The Price Relative is used to gauge relative strength, which is important when it comes to stock selection. Many portfolio managers compare their performance to a benchmark, such as the S&P 500. Their goal is to outperform that benchmark. In order to achieve this goal, managers often look for stocks […] May 9, 2021May 9, 2021 Saving Bookmark this article Bookmarked Price Channels Price Channels Price Channels can be used to identify trend reversals or overbought/oversold levels that denote pullbacks within a bigger trend. A surge above the upper channel line shows extraordinary strength that can signal the start of an uptrend. Conversely, a plunge below the lower channel line shows serious weakness that can signal the start […] May 8, 2021May 8, 2021 Saving Bookmark this article Bookmarked The Perfect Cycle The Perfect Cycle The image below shows a perfect cycle with a length of 100 days. The first peak is at 25 days and the second peak is at 125 days (125 – 25 = 100). The first cycle low is at 75 days and the second cycle low is at 175 days (also 100 […] May 7, 2021May 7, 2021 Saving Bookmark this article Bookmarked Balance of Power (BOP) Balance of Power (BOP) Balance of Power (BOP) is an oscillator that measures the strength of buying and selling pressure. Introduced by Igor Levshin in the August 2001 issue of Technical Analysis of Stocks & Commodities magazine, this indicator compares the power of buyers to push prices to higher extremes with the power of sellers […] May 7, 2021May 7, 2021 Saving Bookmark this article Bookmarked What Is Support? What Is Support? Support is the price level at which demand is thought to be strong enough to prevent the price from declining further. The logic dictates that as the price declines towards support and gets cheaper, buyers become more inclined to buy and sellers become less inclined to sell. By the time the price […] May 4, 2021May 4, 2021 Saving Bookmark this article Bookmarked
Mass Index Mass Index Signals Donald Dorsey looked for “reversal bulges” to signal a trend reversal. According to Dorsey, a bulge occurs when the Mass Index moves above 27. This initial bulge does not complete the signal, however. Dorsey waited for this bulge to reverse with a move back below 26.50. Once the reversal bulge is complete, […] May 9, 2021May 9, 2021 Saving Bookmark this article Bookmarked
Ease of Movement (9) Ease of Movement Interpretation The example below shows the Nasdaq 100 ETF (QQQ) with the 1-period EMV in the lower indicator window. I am using EquiVolume bars because these show only the high-low range for the given period. The blue arrows show two small EMV values, one slightly positive and the other slightly negative. […] May 9, 2021May 9, 2021 Saving Bookmark this article Bookmarked
Force Index (8) Force Index Interpretation As noted above, there are three elements to the Force Index. First, there is either a positive or negative price change. A positive price change signals that buyers were stronger than sellers, while a negative price change signals that sellers were stronger than buyers. Second, there is the extent of the […] May 9, 2021May 9, 2021 Saving Bookmark this article Bookmarked
Money Flow Index (MFI) Money Flow Index (MFI) As a volume-weighted version of RSI, the Money Flow Index (MFI) can be interpreted similarly to RSI. The big difference is, of course, volume. Because volume is added to the mix, the Money Flow Index will act a little differently than RSI. Theories suggest that volume leads prices. RSI is a […] May 9, 2021May 9, 2021 Saving Bookmark this article Bookmarked
Rate of Change (ROC) Rate of Change (ROC) The Rate-of-Change oscillator measures the speed at which prices are changing. An upward surge in the Rate-of-Change reflects a sharp price advance. A downward plunge indicates a steep price decline. Even though chartists can look for bullish and bearish divergences, these formations can be misleading because of sharp moves. Sustained advances […] May 9, 2021May 9, 2021 Saving Bookmark this article Bookmarked
Price Relative / Relative Strength Price Relative / Relative Strength The Price Relative is used to gauge relative strength, which is important when it comes to stock selection. Many portfolio managers compare their performance to a benchmark, such as the S&P 500. Their goal is to outperform that benchmark. In order to achieve this goal, managers often look for stocks […] May 9, 2021May 9, 2021 Saving Bookmark this article Bookmarked
Price Channels Price Channels Price Channels can be used to identify trend reversals or overbought/oversold levels that denote pullbacks within a bigger trend. A surge above the upper channel line shows extraordinary strength that can signal the start of an uptrend. Conversely, a plunge below the lower channel line shows serious weakness that can signal the start […] May 8, 2021May 8, 2021 Saving Bookmark this article Bookmarked
The Perfect Cycle The Perfect Cycle The image below shows a perfect cycle with a length of 100 days. The first peak is at 25 days and the second peak is at 125 days (125 – 25 = 100). The first cycle low is at 75 days and the second cycle low is at 175 days (also 100 […] May 7, 2021May 7, 2021 Saving Bookmark this article Bookmarked
Balance of Power (BOP) Balance of Power (BOP) Balance of Power (BOP) is an oscillator that measures the strength of buying and selling pressure. Introduced by Igor Levshin in the August 2001 issue of Technical Analysis of Stocks & Commodities magazine, this indicator compares the power of buyers to push prices to higher extremes with the power of sellers […] May 7, 2021May 7, 2021 Saving Bookmark this article Bookmarked
What Is Support? What Is Support? Support is the price level at which demand is thought to be strong enough to prevent the price from declining further. The logic dictates that as the price declines towards support and gets cheaper, buyers become more inclined to buy and sellers become less inclined to sell. By the time the price […] May 4, 2021May 4, 2021 Saving Bookmark this article Bookmarked