Summary
This is a part II of Tushar Chande's RAVI indicator from his book "Beyond Technical Analysis"
Screen Shots
Usage
Tushar Chandes RAVI Indicator (Part II) gives remarkable results, yet very similar to his RAVI Indicator (Part I). As with the Part I version of his RAVI Indicator, I felt the need to modify the threshold to something different from 3%.
Downloads
Chandes RAVI (Part II) (ELD and Workspace)
Happy Trading!
Summary
This is Tushar Chande's RAVI Indicator (Part I) from his book "Beyond Technical Analysis"
Screen Shots
Usage
Chandes RAVI indicator is a great trending indicator for stocks and equities. Tushar Chande describes a 3% line, that if the indicator crosses over this line, it is considered trending, either in a bullish or a bearish manner. The RAVI indicator doesn't know the direction of the trend (as is common of most trending indicators), but can tell you that it is a trend. I've found that for Forex and Currencies, 3% is too high, so I've added an input variable to the RAVI Indicator so that you can change the percentage value. I've found 1 1/2 - 2 % to be very good indicator values for the RAVI.
Downloads
Chandes RAVI Indicator (ELD and Workspace)
Happy Trading!
Summary
This is a version of Tushar Chande's, Chande Momentum Oscillator (CMO)
Screen Shots
Usage
Please leave a comment below if you have additional usage information on Chandes Momentum Oscillator
Downloads
TradeStation - Chande Momentum Oscillator (ELD and Workspace)
Happy Trading!
Summary
Aroon is an indicator written by Tushar Chande in 1995 to identify trends in the stock market.
Screen Shots
Usage
The Aroon indicator uses two lines, an uptrend line and a downtrend line, to identify whether a stock is trending up, or trending down. There is a great article at Investopedia that explains the Aroon indicator very well.
Downloads
Aroon Indicator (ELD and Workspace)
Happy Trading!
Summary
An indicator that implements Tushar Chande's Adaptive Stochastic Oscillator.
Screen Shots
Usage
Use this indicator much like you would with a traditional stochastic indicator. There is an input variable to change the length of the calculation, to alter your style with regards to long-term and short term. I recommend reading Tushars Books "The New Technical Trader" for more detailed information.
Downloads
Adaptive Stochastic Oscillator.zip (ELD and Workspace)