Setup Finder News

What is the Chande Momentum Oscillator (CMO)? The Chande Momentum Oscillator (CMO) is a technical indicator developed by Tushar Chande in 1994. It is a momentum-based oscillator that measures the rate of change in price movements, helping traders identify overbought and oversold conditions, as well as potential reversals. The CMO

What is ADX/DMI? The ADX/DMI (Average Directional Index / Directional Movement Index) is a powerful combination of indicators developed by J. Welles Wilder in his 1978 book "New Concepts in Technical Trading Systems." The ADX measures the strength of a trend, while the DMI consists of two

What is the MACD? The Moving Average Convergence Divergence (MACD) is one of the most popular and widely used technical indicators in trading. Developed by Gerald Appel in the late 1970s, the MACD is a trend-following momentum indicator that shows the relationship between two moving averages of an asset'

What is the PPO? The Percentage Price Oscillator (PPO) is a momentum oscillator that measures the difference between two moving averages as a percentage of the larger moving average. Similar to the MACD (Moving Average Convergence Divergence), the PPO is used to identify trends, momentum, and potential buy or sell

What is the MFI? The Money Flow Index (MFI) is a momentum oscillator that uses both price and volume data to measure buying and selling pressure. Sometimes referred to as the "volume-weighted RSI," the MFI is used to identify overbought or oversold conditions in an asset, as well

What is the EMA? The Exponential Moving Average (EMA) is a type of moving average used in technical analysis to smooth out price data and make it easier to identify trends. Unlike the Simple Moving Average (SMA), which gives equal weight to all data points, the EMA places more emphasis

What is Fibonacci Retracement? Fibonacci Retracement is a popular technical analysis tool used by traders to identify potential levels of support and resistance based on key ratios derived from the Fibonacci sequence. Named after the Italian mathematician Leonardo Fibonacci, this tool is based on the idea that markets tend to

What is the ADX? The Average Directional Index (ADX) is a popular technical indicator used to measure the strength of a trend in a financial market. Developed by J. Welles Wilder in 1978, the ADX is particularly useful for identifying whether a market is trending or ranging. Unlike other indicators

What are Donchian Channels? Donchian Channels are a technical analysis tool developed by Richard Donchian, a pioneer in the field of trend-following systems. Donchian Channels consist of three lines: an upper band, a lower band, and a middle line. These bands are calculated based on the highest high and the