On Balance Volume

It was generated by Joe Granville.On Balance Volume is one indicator that is designed to track changes in volume over time.On Balance Volume is a running total, volume indicator that is arrived at by adding or subtracting the day’s volume, depending on whether the closing price is higher or lower than the previous close.On Balance Volume Indicator is to buy when the indicator breaks out from its recent range and sell when it breaks down from its range, but it might take price a day or even two to confirm the move, so patience and other supporting trend change indicators will help.

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Volumes

Volume is a measure of supply and demand that is independent of priceVolume is usually light during the formation of the pattern and increases on a breakout from the pattern. For any pattern or trend line penetration, a breakout with increasing volume is more an indication that prices will continue in the direction of the breakout than a breakout on low volume.Rising volume levels when price is falling after a major peak gives supporting evidence that there is an underlying weakness in the security & warns that falling prices may continue.When price goes to a new high on increased volume, traders often compare volume with that which occurred during previous rallies in prices. If the current volume is less than the previous rally’s volume, there is a potential for a price trend reversal.

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Alligator

This technical indicator contains of three lines, which are Moving Averages with different parameters.The blue line: (chap) is a line of balance to the significant time period, which is used for building of the chart (13 period smoothed moving averages, shifted on 8 bars to the future.)The Red line: (teeth) is the line of balance for the significant time period, which is one step less (8 period smoothed moving average, shifted on 5 bars to the future);The Green line (lips) is the line of balance for the significant time period, which is one more step less (5 period smoothed moving average, shifted on 3 bars to the future).Interpretation: When the Jaw, the Teeth and the Lips are closed or intertwined, it means the Alligator is going to sleep or is asleep already. As it sleeps, it gets hungrier and hungrier the longer it will sleep, the hungrier it will wake up. The first thing it does after it wakes up is to open its mouth and yawn.Then the smell of food comes to its nostrils: flesh of a bull or flesh of a bear, and the Alligator starts to hunt it. Having eaten enough to feel quite full, the Alligator starts to lose the interest to the food/price (Balance Lines join together) this is the time to fix the profit.You should close all positions and wait until Alligator awakes again.The goals of this indicator are:- to give integrated way for monitoring of the moving of the market;- to represent a simple indicator to trade in the current trade only;- to create a protective way to save the money during the moving of the market limitet with the price channel.

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Accelerator Oscillator

Acceleration/Deceleration (AC) is introduced by Bill Williams; it measures acceleration and deceleration of the current driving force.When the AC value of the current bar is greater than the previous bar value, the histogram bar is colored in green (and vice versa). According to Mr. Williams this indicator will change direction before any changes in the driving force, which will change its direction before the price.The only thing that needs to be done to control the market and make decisions is to watch for changes in color. To save yourself serious reflections, you must remember: you can not buy with the help of Acceleration/Deceleration, when the current column is colored red, and you can not sell, when the current column is colored green.

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