Donchian Channels are price channels built from recent extremes. They plot an upper band at the highest high of the last N bars, a lower band at the lowest low…
Ichimoku Cloud is a multi line indicator designed to show trend direction and trend quality at a glance. It does this by combining two fast and slow midpoints, a lagging…
The Alligator Indicator is a trend timing tool popularized by Bill Williams. It overlays three smoothed moving averages on price, then shifts each average forward by a fixed number of…
A Moving Average Ribbon is not a single indicator line. It is a group of moving averages plotted together, usually from fast to slow periods, so you can see trend…
The Average Directional Index (ADX) is a trend strength indicator. It answers one narrow question: how strong is the current trend, regardless of whether the trend is up or down.…
Directional Movement Index (DMI) is one of those indicators that looks more complicated than it is. You see two lines moving around each other, sometimes crossing, sometimes separating, and traders…