Abbreviation

Full Name

Description

ADXB

ADX +30 Breakout

ADX is defined in Welles Wilder’s book, "New Concepts in
Technical Trading System." ADX stands for Average Directional Movement,
and attempts to determine trend by looking for the ADX indicator to move
above a specific level , which is typically +30. The system is defined so
that the trending level can be optimized.

BNDC

Trading Band Crossover

Trading band is based on an Exponential Moving Average. (Defined
in MV2C) Draws a P period EMA of closing prices, then an exact copy of the
EMA shifted S% above and below the EMA.

BOLC

Bollinger Band Crossover

Trading band constructed based on Volatility of price. Standard
deviation of price is used as the measure of volatility.

BOLT

Bollinger Band with ADX Trend

ADX is used to detect a retracement from the trend, and
Bollinger Bands are used to establish entry and exit points after the
retracement is detected using ADX.

CCIC

+100/100 Crossover

This is a classic interpretation of CCI. Crossings from above
+100 to the downside constitute a short, and crossings from below 100 to the
upside constitute a long. The period used for CCI and crossover levels can be
optimized.

CCID

Commodity Channel Index Divergence

Draws CCI indicator (see CCIP), then the Divergence indicator
pivot point is used to isolate.

CCIFP

Commodity Channel Index Fibonnaci Peaks

Plot 8, 13, and 21 Period oscillators on top of one another.
Confirms the existence of peaks (or valleys) conforming to cycles in all
three time frames.

CCIP

Commodity Channel Index Peaks

Indicator that measures overbought vs. oversold levels by virtue
of today’s price distance from the statistical mean price.

CHAD

Chaikin Level Divergence

Draw the Chaikin Oscillator (see CHAP). The divergence pivot
point method is used to identify divergence from a prior pivot point of the
oscillator.

CHAP

Chaikin Level Peaks

The Chaikin Oscillator rises when prices advance on higher
volume, and goes negative on price declines on high volume. A reversal in the
indicator indicates that the current trend in accumulation or distribution
could be reversing.

CNBH

Candle Pattern: Belt Hold

Pattern formed by a range which extends in the direction of the
close. A Bearish Belt Hold exists when the High equals the Open and the Low
is below the close. Similarly for the Bullish Belt Hold.

CNCA

Candle Pattern: Counter Attack

Occurs when the market reverses direction violently to arrive at
the same valuation as a prior period.

CNDS

Candle Pattern: Doji Star

Occurs when the closing price equals the open.

CNEL

Candle Pattern: Engulfing Line

Occurs when today’s range encloses or "engulfs"’ the
prior day’s range, thereby indicating great market strength in the direction
of today’s close.

CNHAM

Candle Pattern: Harami

Just the opposite of an engulfing line; yesterday’s body engulfs
today’s, with opposite color for the two.

CNHMR

Candle Pattern: Hammer/Hanging Man

The Hammer pattern is formed by a short body at the top of a
long tail. They indicate indecision in the direction of the trend. A solid
hammer which occurs at the end of an uptrend is called a Hanging Man. This
type of Hammer indicates the market’s propensity to sell off sharply.

CNIHM

Candle Pattern: Inverted Hammer

Just the opposite of Hammers; a small body occurs at the bottom
of a long tail.

CNMES

Candle Pattern: Morning/Evening Star

A Morning Star is formed when a small body is located between
two other bodies so that it appears below (or above) the other two. An
Evening Star generates a sell signal when a small body is located above two
surrounding candles.

CNPL

Candle Pattern: Piercing Line/Dark Cloud

Occurs when today’s candle ``pierces’’ the range of the prior
day, in the opposite direction. The Bearish case is also called a Dark Cloud
Cover.

DMIC

+DI/DI Crossover

Directional Movement comprises ADX, and has two components, +DI
to measure movement to the upside, and DI, for the opposite. When these two
lines cross each other, the market is typically moving from one trend
direction to the other. The period for DMI is optimizable.

GAPB

Gap Breakout

This system issues a long signal when price gaps up by a certain
percentage or multiple of ATR (average true range). Similarly, it issues a
short signal when price gaps down by a specific amount, or more.

KBAC

Kirshenbaum Band Crossover

Measures market volatility using standard error of linear regression
lines of the close. The effect is that they measure the volatility around the
current trend.

MACD

MACD Divergence

Looks for divergence between the MACD line and price. This
divergence is measured using the pivot point algorithm.

MACM

MACD Crossover

The MACD is constructed by plotting the difference between a
12period exponential moving average and a 26period moving average. A third
moving average (the "trigger"’ line) generates trading signals when
the MACD line crosses the trigger , in the direction of MACD.

MFRB

Money Flow RSI Breakout

This indicator has long been a favorite among AIQ users, and
basically measures the amount of money flowing in or out of a particular
stock. When Money Flow moves through zero, it is a sign that a given security
is being accumulated or distributed. A separate moving average is provided to
smooth the swings. The period used for MFR and the moving average period are
both optimizable.

MFRD

Money Flow RSI Divergence

Divergence, applied to Money Flow RSI. The system trades when
MFR diverges from price. The same parameters can be optimized for MFRD as
for MFRB. This system makes an excellent reversal indicator.

MOMP

Momentum Peaks

Momentum measures the amount a security’s price has changed over
the past p periods. This system uses the peak signal method.

MV2C

Two Moving Average Crossovers

The "faster"’ or shorterterm moving average will rise
above a longerterm one, thus giving rise to a system that is in the market
on the side of the faster average.

ROCC

Price Rate of Change Crossover

Measures essentially the same phenomenon as MOMP, but expresses
the relative price movement as a percentage.

ROCD

Price Rate of Change Divergence

Not available.

ROCX

ROC +6/6 Crossover

A classic +6%/6% crossover system, which trades when the
oscillator moves through +6% to the downside (short) and 6% to the upside
(long). The period for ROC and the percentage level can both be optimized.

RSIC

RSI +70/+30 Crossover

The Relative Strength oscillator (RSI), as defined by Welles
Wilder, using a classic crossover interpretation. The system trades when RSI
crosses through +30 to the upside (long) and +70 to the downside (short). The
levels and periods for the RSI calculation can be optimized.

RSID

Relative Strength Index Divergence

Divergence trading signals occur when an indicator is sloping
away, or ``diverging’’ from the price trend.

RSIP

Relative Strength Index Peaks

Based on the notion of comparing "up"’ days with
"down" days, according to the theory that overbought levels follow
a disproportionate number of periods in which the market advanced, whereas
oversold levels generally occur after the market has declined for a
significant number of periods.

RWIB

Random Walk Breakout

Random Walk was defined in Technical Analysis Of Stocks and
Commodities by Michael Poulos (see TASC, January 1992 and September 1992).
Random Walk calculates how much price should move over a given period if its
movement were purely random. When price moves past this level, it can be
assumed to be trending in that direction and the system will issue a signal.
The maximum lookback period for Random Walk is optimizable in this system.
An excellent system.

SARC

Stop and Reverse System

Stop and Reverse is defined in "New Concepts in Technical
Trading Systems", and is a good system for calling reversals after long
moves. SAR detects changes in direction by tightening stops of a position
until it is exited by a crossing through the stop level. There are several
parameters which comprise SAR, all of which are optimizable.

STOC

STO +80/+20 Crossover

This is the classic Stochastics system which was included in our
original systems for MetaStock. The system trades when Stochastics crosses
+80 to the downside (short) and +20 to the upside (long). All parameters,
including levels, %K and %D periods can be optimized.

STOD

Stochastic Divergence

The stochastics plot is drawn, and then divergence is measured
using the indicator pivot point algorithm.

STOM

STO Classic %D

Moving Average Ts when the %D line crosses the %K line above
given level (short) or below a given level long). Another "classic"
interpretation of stochastics. The signals generated by STOM are slower than
those given by STOP, but are also less likely to trade against the trend.

STOP

Stochastic Peaks

Stochastics measures the relative position of today’s close to
the range of price action over the past p periods, and are based on the
observation that price will typically extend to the end of a range before
reversing.

TLNBL

Long Term Trend Line Breaks

Builtin automatic trendline algorithm generates a
"breakout" signal when an existing trendline is violated.

TLNBM

Medium Term Trend Line Breaks

Same as TLNBL, except medium trend lines.

TLNBS

Short Term Trend Line Breaks

Same as TLNBL, except short trend lines.

TLNR(L/M/S)

Long Term Trend Line Reversal

Builtin automatic trendline algorithm generates a
"reversal" signal at the long (medium/short) term trendline.

TRU

Trend Rule Trading

Looks for higher pivot points to go long and lower pivot points
to go short, in the medium timeframe.

TRXD

TRIX Divergence

Divergence on the TRIX (Triple Exponential Moving Average) plot
using the pivot point algorithm.

TXMFP

TRIX Momentum Fibonnaci Peaks

The 8period, 13period, 21period TRIX momentum oscillators are
used to arrive at the composite indicator.

TXMP

TRIX Momentum Peaks

Yesterday’s value of TRIX is subtracted from today’s value to
obtain a "momentum" curve which gives early signals.

VAPB

Volume Accumulation Percent Breakout

Measures relative change in accumulation and distribution to
detect places where the market is changing its perception about a security by
taking a more active role in buying and selling it, relative to the immediate
preceding time period.

VAPC

Volume Accumulation Percent Band Crossover

A move above the threshold occurs at the same w/ time as price
crosses a trading band.

VAPD

Volume Accumulation Percent Divergence

The volume accumulation percent plot is drawn, and then
divergence is measured using the indicator pivot point algorithm.

VOLC

Volume Climax

System that attempts to identify situations in which prices
reverse in the opposite direction as volume declines.

VOLT

Volume Trend

Defines the average volume move over a period of time, then
notes the values which occur above this level. A signal is given when price
increases or declines at the same time as volume rises or falls.

VTYB

Volatility Breakout

Based on the fact that as markets break out to new highs or new
lows, they typically exceed current volatility and range movements by some
amount.

WLRC

WIL %R 20/80

William’s %R oscillator, with classic crossover Crossover. The
system trades (long) when William’s %R crosses 80 to the upside, and short
when the oscillator crosses 20 to the downside. The values for period and
crossover levels are both optimizable in this system.

WLRD

Williams %R Divergence

Williams %R ( an "inverted, nonsmoothed" Stochastic
oscillator) plot is drawn and then divergence is measured using the pivot
point algorithm.

WLRP

Williams %R Peaks

Turning points of the Williams %R are determined.
