What is Technical Analysis?

Directional Movement System

Detrended Price Oscillator

Comparative Relative Strength

Commodity Channel Index

Vogaz Technical Analysis Software.

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Now trade in Equity/Shares/Stocks with help of VOGAZ Technical Analysis and charting software. You can check Technical Analysis of your favorites Equity/Shares/Stocks, Analysis how Equity/Shares/Stocks are doing on charts, are they bullish or bearish in the financial markets

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Vogaz Heat Map - Stock Forex and Commodity market heat map is basically a big grid that breaks down individual stocks Forex and commodity. Each stock is given its own rectangle or square. The colour is usually relevant to the equities price, and the colour is a shade ranging from dark red to light green. Heat map gives you the idea of stock forex and commodity with this colour range.

Foreign Institutional Investors / Domestic Institutional Investors (FII/ DII) - You can check Technical Analysis of your favorite Foreign Institutional Investor (FII)/ Domestic Institutional Investors (DII) you can Analyze what FII/DII are doing on charts and are they bullish or bearish in the financial markets only big financial players can change the movements of financial markets so you have to know what they thinking. Watch how much FII and DII are pumped or Pulled out of the financial markets. A close watch on these investments is essential for making buying and selling decisions.

What is Technical Analysis?

What is Technical Analysis?

Technical Analysis is the forecasting of future price movements of share/stock forex or commodity based on an examination of past price movements. Technical analysis does not lead to absolute predictions about the future. In lieu, technical analysis can help investors anticipate what is "likely" to happen to prices over time. In this the analyst uses a wide variety of charts and data to predict the future of the share forex commodity and even mutual funds. It enables them to define buying and selling patterns in every possible way, and get better chances at succeeding in financial market. One of its advantages is that it makes it easier to follow up with a number of stocks with technical analysis.                                

Technical analysts use technical Analysis Software to perform technical analysis or charting as it is also often called. These charting tools are helpful in providing information.

VOGAZ is the best Technical Analysis & Predicting, Forecasting, Estimating, Graphing & Charting Software for Stock, Forex & Commodity Market Investors and Traders of NSE, BSE, MCX, MCX-SX, NCDEX, NMCE Exchanges India.

Directional Movement System

Technical Analysis Software : Directional Movement System

Directional Movement System contains five indicators; ADX, DI+, DI-, DX, and ADXR. The ADX (Average Directional Movement Index) is an indicator of how much the market is trending, either up or down- the higher the ADX line, the more the market is trending and the more suitable it becomes for a trend-following system. This indicator consists of two lines- DI+ and DI-, the first one being a measure of uptrend and the second one a measure of downtrend. The standard Directional Movement System draws a 14 period DI+ and a 14 period DI- in the same chart panel. ADX is also sometimes shown in the same chart panel. A buy signal is given when DI+ crosses over DI-, a sell signal is given when DI- crosses over DI+. The Directional Movement System helps determine if an instrument is trending.The system involves 5 indicators which are the Directional Movement Index (DX), the plus Directional Indicator (+DI), the minus Directional Indicator (-DI), the average Directional Movement (ADX) and the Directional movement rating (ADXR). 

For intra-day analysis, he compared current period with the previous period.  the trading range for current period extended primarily above previous period then directional movement was considered to be up. If it extended primarily below previous period's range then directional movement was considered to be down. There are also rules for handling inside, outside and limit periods. stating that the directional movement is the largest part of current period's range that lies outside previous period's range.

The key feature of the Directional Movement System is that it first identifies whether the market is trending before providing signals for trading the trend. It measures the ability of bulls and bears to move price outside the previous period's trading range

+DI measure positive, or upside, movement, -DI measures downward, or negative, movement.. The basic Directional Movement Trading system involves plotting the 14period +DI and the 14 period -DI on top of each other.  When the +DI rises above the -DI, it is a bullish signal.  A bearish signal occurs when the +DI falls below the -DI.

 

Detrended Price Oscillator

Technical Analysis Software : Detrended Price Oscillator

The Detrended Price Oscillator is used when long-term trends or outliers must be removed from prices or index indicators. This indicator is often used to supplement a standard price chart. Other indicators can be plotted over the Detrended Price Oscillator. The Detrended Price Oscillator ("DPO") attempts to eliminate the trend in prices & smoothes the trend in prices. It compares closing price to a prior moving average, eliminating cycles longer than the moving average. It is used to isolate short-term cycles. Short-term cycles add together like musical harmonics to create longer-term cycles. By studying the shorter-term harmonics of a long-term cycle, turning points in the major cycle can be determined. The DPO removes the longer-term cycles from prices, making the shorter-term cycles more visible. The Detrended Price Oscillator is most effective with indicator periods of 21 or less.

Detrended prices allow to more easily identifying cycles and overbought/oversold levels. Short- term cycles add together to create longer-term cycles. Analyzing these shorter-term components of the long-term cycles can be helpful in identifying major turning points in the longer-term cycle. The DPO helps to remove these longer-term cycles from prices.

Comparative Relative Strength

  Technical Analysis Software : Comparative Relative Strength

The Comparative Relative Strength index divides one price field by another price field. The base security is outperforming the other security when the Comparative RSI is trending upwards. Comparative Relative Strength compares two securities to show how the securities are performing relative to each other.

Comparative Relative Strength compares a security's price change with that of a "base" security. When the Comparative Relative Strength indicator is moving up, it shows that the security is performing better than the base security. When the indicator is moving sideways, it shows that both securities are performing the same (i.e., rising and falling by the same percentages). When the indicator is moving down, it shows that the security is performing worse than the base security.

Comparative Relative Strength is often used to compare a security's performance with a market index. It is also useful in developing spreads .

Commodity Channel Index

  Technical Analysis Software :  Commodity Channel Index

The purpose of CCI indicator is to identify cyclical turns in commodities. This indicator oscillates between an overbought and oversold condition and works best in a sideways market. The assumption behind the indicator is that commodities (or stocks or bonds) move in cycles, with highs and lows coming at periodic intervals.

The Commodity Channel Index (CCI) is a timing tool that works best with seasonal or cyclical contracts. It keeps trades neutral in a sideways moving market, and helps get in the market when a breakout occurs.

The CCI is a versatile indicator capable of producing a wide array of buy and sell signals. CCI can be used to identify overbought and oversold levels. A security would be deemed oversold when the CCI dips below -100 and overbought when it exceeds +100. From oversold levels, a buy signal might be given when the CCI moves back above -100. From overbought levels, a sell signal might be given when the CCI moved back below +100.

CCI also help identify price reversals, price extremes and trend strength. CCI fits into the momentum category of oscillators

Chande Momentum Oscillator

Technical Analysis Software : Chande Momentum Oscillator

The Chande Momentum Oscillator (Chande) is an advanced momentum oscillator derived from linear regression. Increasingly high values of CMO may indicate that prices are trending strongly upwards. Conversely, increasingly low values of CMO may indicate that prices are trending strongly downwards. CMO is related to MACD and Price Rate of Change (ROC). The Chande's Momentum Oscillator function determines the momentum of price data by comparing the size of recent negative price changes to the size of recent positive price changes.

This function determines the momentum of price data by comparing the size of negative price changes to the size of positive price changes. The value resultant value is normalized from -100 to 100 where negative values indicate larger negative cumulative price changes and positive values indicate larger positive cumulative price changes.There are two different ways that this oscillator is used as a trading signal.

The Chande Momentum Oscillator (Chande) is an advanced momentum oscillator derived from linear regression. Increasingly high values of CMO may indicate that prices are trending strongly upwards. Conversely, increasingly low values of CMO may indicate that prices are trending strongly downwards. CMO is related to MACD and Price Rate of Change (ROC). The Chande's Momentum Oscillator function determines the momentum of price data by comparing the size of recent negative price changes to the size of recent positive price changes.

This function determines the momentum of price data by comparing the size of negative price changes to the size of positive price changes. The value resultant value is normalized from -100 to 100 where negative values indicate larger negative cumulative price changes and positive values indicate larger positive cumulative price changes.

There are two different ways that this oscillator is used as a trading signal. The first is to measure overbought (greater than 50%) or oversold (less than -50%) levels for a given instrument. The second method is to buy when the oscillator crosses above its moving average line and to sell when the oscillator crosses below its moving average line.

Momentum indicators are useful for determining trends in data. This indicator can be used as an overbought/oversold Indicator. As a general rule, a instrument  is considered to be overbought if this indicator is greater than 50 and oversold if this indicator is less than 50. It can also be used to determine the degree to which an instrument is trending.

Chaikin Volatility

Technical Analysis Software :  Chaikin Volatility

The Chaikin Volatility Oscillator is a moving average derivative of the Accumulation/Distribution index. The Chaikin Volatility Oscillator adjusts with respect to volatility, independent of long-term price action. The Chaikin Volatility Indicator represents the difference between periodic high and low prices. Increases in the indicator reflect increased volatility in the price, which potentially signals the end of a price trend. The indicator will peak when the price reaches a new high or a new low.

The Chaikin Volatility Indicator is constructed as the difference between a moving average of high-low price range for current period versus the high-low moving average n periods ago. The indicator requires two input fields- the moving average period (first input) and the period over which the moving average difference will be calculated (second input).

It measures volatility as the trading range between high and low for each period. There are two ways to interpret this measure of volatility.

One method assumes that market tops are generally accompanied by increased volatility and that the latter stages of a market bottom are generally accompanied by decreased volatility.

Another method assumes that an increase in the Volatility indicator over a relatively short time period indicates that a bottom is near and that a decrease in volatility over a longer time period indicates an approaching top .

Vogaz : The Technical Analysis & Charting Computer Application

Vogaz the technical analysis and charting computer application for forex investors and traders of NSE, BSE, MCX, MCX-SX, NCDEX, and NMCE, with its avant-garde charting, best user affable interface and absurd appearance like diviner and augur not alone makes trading smarter, safer and easier but gives it a accomplished fresh edge. Vogaz with the help of its features help financial market investors and traders to accomplish smarter and safer decisions. Vogaz gives you the ultimate abandon with

Vogaz Augur Diviner & Estimator

Today’s activating banking markets charge adjustable accommodation authoritative with fast, accessible after light capabilities. Vogaz predictor, will advice you accomplish quicker and safer decisions. Augur is advised to automatically acquaint you the approaching of the stock, forex or commodity. With Vogaz Augur you would apperceive the appropriate amount to shop for or advertise the share, forex or commodity. Augur with the advice of awful activated studies and ambit will accord you abundant success in share/stock, forex and article market. This automatically analyses equities and derivatives (future & options) of NSE, BSE, MCX, NCDEX, NMCE and MCX-SX. Augur increases the all-embracing capability of trading and investing. With the advice of Vogaz you can consistently accomplish appropriate trading decisions and win in today’s market.

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VOGAZ : The Technical Analysis Software

 VOGAZ : The Technical Analysis Software

VOGAZ the technical analysis & charting software for stock forex commodity market investors and traders of NSE, BSE, MCX, MCX-SX, NCDEX, and NMCE, with its highly advanced charting, most user friendly interface and incredible features like forecaster and  predictor  not only makes trading smarter , safer and easier but gives it a whole new edge. VOGAZ with its technical analysis helps market investors and traders to make smarter and safer decisions.

VOGAZ Predictor Forecaster & Estimator

Today’s dynamic financial markets need flexible decision making with fast, easy revision capabilities. With Vogaz predictor, will help you make quicker and safer decisions. Predictor is designed to automatically tell you the future of the stock, forex or commodity. With VOGAZ Predictor you would know the right price to buy or sell the share, forex or commodity. Predictor with the help of highly tested studies and parameters will give you great success in share/stock market, forex and commodity market. This automatically analyses equities and derivatives (future & options) of NSE, BSE, MCX, NCDEX, NMCE and MCX-SX. Predictor increases the overall effectiveness of trading and investing. With the help of Vogaz you can consistently make right trading decisions and win in today’s market.

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VOGAZ research says that maximum numbers of intraday traders lose their money sooner or later. The rarest of rare intraday traders who manage to pull out profits go through heavy risks which are dangerous for any business. VOGAZ Delay analyses the market and delivers the best for trading with the best trading strategies and gives the best possible result. Trading with VOGAZ Delay would save you from speculation, artificially created buying, trader traps, fake buying & selling, fake news created by new channels, margin selling and small operator. In an overview VOGAZ can help you avoid such accidents and help you achieve your targets more safely and smartly.

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Vogaz - Chaikin Money Flow

The Chaikin Money Flow oscillator is a momentum indicator that spots buying and selling by calculating price and volume together. This indicator is based upon Chaikin Accumulation/Distribution, which is in turn based upon the premise that if a stock closes above its midpoint [(high+low)/2] for the day then there was accumulation that day, and if it closes below its midpoint, then there was distribution that day.
 Chaikin Money Flow oscillator is calculated from the periodic readings of the Accumulation/Distribution Line.
Chaikin Money Flow is based on the observation that buying support is normally signaled by increased volume and frequent closes in the top half of the period's range. Likewise, selling pressure is evidenced by increased volume and frequent closes in the lower half of the periodic range.
A positive Chaikin Money Flow signals accumulation, while distribution is signaled by the indicator line below zero. The higher the reading (above or below zero), the stronger the signal.
The indicator often warns of break-outs & provides useful trend confirmation. When price is trading in a range, volume may indicate in which direction a breakout is most likely to occur. Higher volume at peaks means that an upward breakout is more likely. Higher volume at troughs indicates that a downward breakout is more likely.
There are three items that determine if an instrument is under accumulation and the strength of the accumulation.
1. If Chaikin Money Flow greater than zero, it is an indication of buying pressure and accumulation when the indicator is positive
2. The second item- determine how long the oscillator has been able to remain above zero. The longer the oscillator remains above zero, the more evidence there is that the security is under sustained accumulation. Extended periods of accumulation or buying pressure are bullish and indicate that sentiment towards the security remains positive.
The third indication- the actual level of the oscillator. Not only should the oscillator remain above zero, but it should also be able to increase and attain a certain level. The more positive the reading is, the more evidence of buying pressure and accumulation.

Vogaz - Bollinger Bands

Bollinger Bands are similar in comparison to moving average envelopes. Bollinger Bands are calculated using standard deviations instead of shifting bands by a fixed percentage. Bollinger Bands (as with most bands) can be imposed over an actual price or another indicator. When prices rise above the upper band or fall below the lower band, a change in direction may occur when the price penetrates the band after a small reversal from the opposite direction. Bollinger Bands are lines plotted in and around the price structure to form an "envelope." It is the action of prices near the edges of the envelope. Bollinger Bands are based upon a simple moving average.
Bollinger recommends using a 20-period simple moving average for the center band and 2 standard deviations for the outer bands. The length of the moving average and number of deviations can be adjusted to better suit individual preferences and specific characteristics of an instrument.
Bollinger Bands is a  indicator that allow comparing volatility and relative price levels over a period. It can be combined with price action to generate signals and foreshadow significant moves.
It serves many functions-
• To identify periods of high and low volatility
• To identify periods when prices are at extreme, and possibly unsustainable, levels.
• To arrive at rigorous buy and sell decisions.

Vogaz - Aroon Oscillator

A separate indicator called the Aroon Oscillator can be constructed by subtracting Aroon (down) from Aroon (up).  Aroon Oscillator oscillates between -100 and +100 with zero as the center crossover line.

The Aroon Oscillator, the positive value indicates an upward trend (or coming trend), and the negative value indicates a downward trend. The higher the absolute value of an oscillator, the stronger is an indication of a trend.

It is used to determine whether the instrument is trending and how stable the trend is. It signals an upward trend is underway when it is above zero and a downward trend is underway when it falls below zero. The farther away the oscillator is from the zero line, the stronger the trend.

Vogaz - Aroon

The Aroon indicator is often used to determine whether a stock is trending or not and how stable the trend is. Trends are determined by extreme values (above 80) of both lines (Aroon up and Aroon down), whereas unstable prices are determined when both lines are low (less than 20). It is a trend indicator - used to determine if the security is moving in a trend or sideways, as well as how strong the trend is. If the price of a security is rising, the Close for the period will be closer to the end of the period, and vice versa. The Aroon indicator shows how much time passed between the highest (up) or lowest (down) Close since the beginning of a period (in percents).
Aroon indicator consists of two lines - Aroon(up) and Aroon(down). AroonUp for a given time period is calculated by determining how much time (on a percentage basis) elapsed between the start of the time period and the point at which the highest closing price during that time period occurred. AroonUp will be 100 when the instrument is setting new highs for the period. Conversely, AroonUp will be 0 if the instrument has continually dropped throughout the period. AroonDown is calculated in a similar manner, expect looking for lows as opposed to highs.

Aroon is used to measure the presence and strength of trends. When Aroon(up) and Aroon(down) are moving together, there is no clear trend (the price is moving sideways, or about to move sideways).
When the Aroon(up) is below 50, it is an indication that the uptrend is losing its momentum, while when the Aroon(down) is below 50, it is an indication that the downtrend is losing its momentum.
When the Aroon(up) or Aroon(down) are above 70, it indicate a strong trend in the same direction, while when the value is below 30, it indicates a trend coming in an opposite direction.

Vogaz - Accumulative Swing Index

The Accumulation Swing Index (Wilder) is a cumulative total of the Swing Index. The Accumulation Swing Index may be analyzed using technical indicators, line studies, and chart patterns, as an alternative view of price action. The accumulation swing index (ASI) is a variation of Welles Wilder's swing index. It plots a running total of the swing index value of each bar. The swing index is a value from 0 to 100 for an up bar and 0 to -100 for a down bar. The swing index is calculated by using the current bar's open, high, low and close, as well as the previous bar's open and close. The swing index is a popular tool in the futures market.

The Accumulative Swing Index is a cumulative total of the Swing Index. The Accumulative Swing Index provides a numerical value that quantifies price swings.

It defines short-term swing points. It indicates the real strength and direction of the market. The accumulative swing index is used to gain a better long-term .If the long-term trend is up, the accumulative swing index is a positive value. Conversely, if the long-term trend is down, the accumulative swing index is a negative value. If the long-term trend is sideways (non-trending), the accumulative swing index fluctuates between positive and negative values. This indicator is used to analyze futures but can be applied to stocks as well.

ASI will give the technician numerical price swings that are value quantified, and it will show short-term trend turnarounds. A breakout is indicated when the accumulative swing index exceeds its value in the period when a previous significant high swing point was made. A downside breakout is indicated when the value of the Accumulative swing index drops below its value in a period when a previous significant low swing point was made.