Category: Indicators

The Average True Range (ATR) is a technical analysis indicator developed by J. Welles Wilder in the 1970s. If his name rings a bell, you might’ve seen it mentioned on another article. It turns out that Wilder actually developed several other well-known indicators, including the Relative Strength Index, Directional Movement…

The Ichimoku Cloud, also known as the Ichimoku Kinko Hyo, is a versatile technical analysis indicator developed by Goichi Hosoda in the 1930s. After tweaking it for years, Hosoda felt he found the ideal settings for his indicator. Now, it helps traders identify support and resistance levels, gauge trend direction,…

The Stochastic Oscillator, or Stochastic Indicator, is a popular technical analysis tool that helps traders identify potential overbought and oversold conditions in the market. Developed by George C. Lane in the 1950s, this momentum oscillator measures the position of a security’s closing price, relative to its price range over a…

The Relative Strength Index (RSI) is a widely-used technical analysis tool among traders. Developed by J. Welles Wilder in 1978, the RSI is a momentum indicator that measures the speed and change of price movements. Wilder even wrote a book about it, called “New Concepts in Technical Trading Systems“, which…

The Moving Average Convergence Divergence indicator, known as the MACD, is a popular technical analysis tool among all kinds of traders. Invented by Gerald Appel in the 1970s, the MACD has been around for a long time. The fact that it still helps millions of traders today is a testament…