ETI Indicator

قبل ٤ ساعات

The Ensemble Technical Indicator (ETI) seeks to combine numerous technical indicators into a single figure that reflects whether a stock is bullish or bearish. Specifically the ETI consists of the following indicators:

• SMA 10
  
• WMA 10
  
• RSI
  
• Stochastic Oscillator K%
  
• Stochastic Oscillator D%
  
• MACD
  
• Williams R%
  
• A/D Oscillator
  
• Commodity Channel Index (CCI)
  

These indicators are converted to either -1 or +1, depending on whether the indicator's value suggests a bullish trend, or bearish trend. These values are then added up and summed across 20 timeframes to derive a single figure.

It is suggested that stocks -40 and below are oversold, while those that are +50 and above are overbought.