Currently Browsing : Tushar Chande

The Aroon technical analysis indicator by Tushar Chande. The Aroon ind 0

Posted on 17, June 2013

in Category SID

Description for Aroon SID 737 The Aroon technical analysis indicator by Tushar Chande. The Aroon indicator is built by measuring the number of bars that have passed since prices have reached new highs (for aroon up) or new lows (aroon down). The logic for this technical analysis indicator: #The Aroon technical analysis indicator by Tushar Chande. #The Aroon indicator is built by measuring the number of bars that have passed since prices #have reached new highs (for aroon up) or new lows (aroon down). There are three main ways #to interpret this indicator: #1) Look for crossovers #2) When either

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Tuschar Chande’s Momentum Oscillator 0

Posted on 17, June 2013

in Category SID

Description for CMO SID 527 Tuschar Chande’s Momentum Oscillator The logic for this technical analysis indicator: #Tuschar Chande's Momentum Oscillator my ($period)=@_; ValidatePeriods($period); 100 * ((Sum(If(Close > Ref(Close,-1),(Close-Ref(Close,-1)),0),$period)) – (Sum(If(Close < Ref(Close,-1),(Ref(Close,-1)-Close),0),$period))) / ((Sum(If(Close >Ref(Close,-1),(Close-Ref(Close,-1)),0),$period) + (Sum(If(Close < Ref(Close,-1),(Ref(Close,-1)-Close),0),$period))))

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