Chandes RAVI Indicator (Part II)

Saturday 5 July 2008 @ 2:29 pm


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!




Chande’s RAVI Indicator - Part I

Saturday 5 July 2008 @ 1:07 pm


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!




Chande’s Momemtum Oscillator

Friday 4 July 2008 @ 12:24 pm


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!




Aroon Indicator

Wednesday 2 July 2008 @ 6:41 pm


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!




Adaptive Stochastic Oscillator Indicator

Wednesday 2 July 2008 @ 1:12 pm


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)

Happy Trading!