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I. The Catalogue
Indicators of direction and strength of trend
The most fundamental trend indicator. Moving averages smooth out price data to visually reveal the direction of a trend.
The simplest tool and the most misused. How to draw trend lines correctly, what makes them valid, how to judge a break, and the trap of discretion.
A moving average wrapped in a standard-deviation envelope. Squeeze, band-walk, the real meaning of ±2σ — and the worst misuse: 'fade the touch'.
A trend oscillator that graphs the 'difference' between two moving averages. Signal crosses, the zero line, divergence — how it works, and the lag trap everyone falls into.
A Japanese-born system that reads price, time, and trend in a single glance. Five lines and a cloud, designed to make the market's equilibrium visible at once.
Stop And Reverse — a mechanical trailing stop that follows a trend from behind and flips position the moment it ends. A row of dots that closes the window for hesitation.
An indicator that measures the strength of a trend without saying anything about its direction. It answers a single question: is the market trending at all?
A fixed-percentage band wrapped around a moving average. Older than Bollinger Bands, simpler than Keltner — the most primitive of all channel indicators, and the one that refuses to bend with the market's mood.
The highest high and lowest low of the past N bars, drawn straight. No smoothing, no statistics — the oldest and simplest trend-following envelope, and the one the Turtles famously traded.
An ATR-based envelope. Where Bollinger Bands measure the spread of consensus through standard deviation, Keltner measures the depth of the market's breathing through range.
An ATR-based trailing line that flips between above and below price. While the line holds, the trend's hypothesis is still alive — an indicator made of one visualised expiry date.
A measure of how recently the last extreme was made — a 'freshness gauge' for trends. Tushar Chande's unusual idea: read not the direction of price, but the youth of that direction.
A 2010 indicator that borrows from fluid dynamics — measuring upward and downward motion as two separate currents, and reading the market by the direction in which the vortex is winding.
Patrick Mulloy's 1994 moving averages cancel the lag of an EMA by taking a linear combination of stacked EMAs. DEMA uses two layers, TEMA three, sharpening price tracking without losing smoothness.
Six short-term and six long-term EMAs stacked as two ribbons. Their compression, expansion, and crossings reveal the tug-of-war between short-term traders and long-term investors.
A least-squares regression line at the center, with parallel lines set one standard deviation apart. Measures a trend's center, slope, and overshoot objectively, without discretion.
Alan Hull's 2005 design folds two weighted moving averages together to suppress lag without surrendering smoothness — an attempt to reconcile two qualities that, mathematically, cannot both win.
A moving average that retunes its own smoothing from the efficiency ratio: it reacts fast when a trend is running and goes nearly flat through choppy ranges. Perry Kaufman's way of letting one line switch between fast and slow on its own.
A hanging trailing stop placed an ATR multiple (usually 3x) below the recent highest high. Lets profits run while keeping the exit disciplined. Designed by Chuck LeBeau.