We are glad to offer you technical indicators created by the specialists of InstaForex Company, which will be your irreplaceable tools for analyzing and forecasting the price fluctuations. Summary information, calculation formulas, and tips for practical use - all this is available on the page describing every indicator. The indicators are available to be downloaded and set up in MetaTrader 4 platform. All the information presented on these pages is owned by InstaForex Group. Its copying is illegal without written permission of InstaForex Group.
Oscillator TrendlessOS was developed by Joe DiNapoli in the early 1980s and described in the book Trading with DiNapoli Levels. As well as other indicators developed by DiNapoli, Trendless oscillator is a supplement to the major instruments of desition taking - Fibonacci levels. However, according to DiNapoli's concept, Trendless indicator can be used as an independent trading instrument.
The US Dollar Index is an average value of rate fluctuations of six major currencies (EUR, CAD, GBP, JPY, CHF, and SEK) against the U.S. dollar. The US Dollar index was invented in 1973 with initial value 100. In 1999 it was modified in order to keep track of the euro, which had just been introduced. The index is traded 24 hours on the NYBOT.
EUR_USDindex is a combined indicator which consists of two separate ones: EURx and USDx (USDX). This indicator shows the changes in the both indices considering their correlation.
The euro currency index reflects average fluctuations of the world’s five major currencies (USD, GBP, JPY, CHF, and SEK) to the euro. The euro currency index, or EURX, was established in January 13, 2006, and is quoted on NYBOT. The index represents a benchmark for the euro value calculation against other participants of the financial markets.
The Range Rider Indicator was developed by Larry Williams in 2006. It is a variation on the indicator which gauges volatility. With its help one can easily identify important price zones, where opening of trades is the most appropriate in terms of risks.
Trend indicator SuperTrend was created on the basis of ATR and CCI. It is an excellent indicator of trend direction. It can be used as a foundation of the trading system that is based on following the trend.
The technical indicator Will-Spread was developed by Larry Williams and described in his book Long-Term Secrets to Short-Term Trading. Will-Spread is one of the strongest financial indicators, which measures the flow of price between the primary market and a secondary market. The purpose of this comparison is to highlight signals for opening/closing positions of a financial asset through market signals that have influence on this particular asset.
The indicator was developed by Daniel Fernandez in 2011 and it was described in the magazine Currency Trader. The indicator is revised version of the Alexander Elder’s Elder-Ray indicator, which is based on the power strength of bears and bulls, as well as the 13-day EMA.
The Schaff Trend Cycle Indicator (STC) was developed by Doug Schaff in 2008. It is based on the assumption that currency trends accelerate and slow down in a cyclical pattern.
Coppock indicator is a technical analysis indicator created by Edwin Sedgwick Coppock in 1962, first published in Barron's magazine. The founder of the indicator was asked by the Episcopal Church to develop a reliable instrument for long-term investors, which could be applied for S&P 500 Index.
Developed by Gerald Appel in 1979, the Moving Average Convergence-Divergence (MACD) is a technical indicator, which was applied on commodity and stock markets.
The trend indicator was developed by a technical analyst Manning Stoller in the early 1980s. STARC bands are used in classical trend trading where a range breakout is taken into account.
Indicator Accumulation Swing Index was developed by Welles Wilder, Jr. and is described in his book "New Concepts in Technical Trading Systems". The indicator is a simple index of fluctuations which is similar in its form to price change in financial assets.
TRIX impulsive indicator was suggested by analyst J. Huston for trading use as well as analysis of directional price changes. This indicator can be used well as an instrument that enables filtering of insignificant price changes in the respect of greater market trend with the regard of bigger cycle.
ATR Histogram is a derivative of ATR indicator which was developed by Welles Wilder Jr. and described in his book New Concepts in Technical Trading Systems. This technical tool can be related to the indicators that estimate volatility and could not be used as instrument for entries on financial markets.
Aroon Oscillator was developed by Tushar Chande, a principal of Tuscarora Capital Management. The oscillator is based on the Aroon Indicator, but generates fewer signals; therefore, the best way is to use both indicators at once.
Aroon Indicator was developed in 1995 by Tushar Chande, the head of Tuscarora Capital Management. The indicator is used for identifying the strength and direction of a trend. This technical instrument reports the uptrend, downtrend and the likelihood that it will reverse or continue.
Donchian Channel is successfully used in both trend and counter-trend trading systems. The indicator is perfect for intraday, medium and long positions either on commodity market or stock exchange.
Relative Volatility Index (RVI) measures all levels of diversification, which Relative Strength Index (RSI) is unable to indicate. It was designed not as a standalone indicator, but as a filter of other indicators. It was intended to measure volatility, not the price. That is why it is rather a confirming indicator.
A technical indicator invented by Larry Williams in 1985 is today's widely used oscillator. It is involved in broader data flow analysis and has stronger transaction signals than all the rest classical oscillators.
Range Expansion Index (REI) is a technical analysis oscillator which can be applied on currency, stock and commodity markets. REI can be used in short-term and long-term timeframes as an extra oscillator that indicates extreme price movements. It performs well on contemporary financial markets.
The Camarilla Equation and the formula of calculation of support and resistance levels were developed by Nick Scott in 1989. Initially, this technical tool was applied in intraday trading on the bond market, but later it was used in currency futures and FX spot trading.
The Chaikin Oscillator (CHO) was developed by analyst Marc Chaikin. The Oscillator is based on Larry R. William's Accumulation/Distribution index (A/D). In fact, the Chaikin Oscillator is MACD indicator, but instead of price, A/D index is on the basis of the Oscillator.
