John Ehlers developed the Ultimate Smoother study. https://www.mesasoftware.com/TechnicalArticles.htm The study is a two-pole low-pass digital filter designed to smooth price data while… more
Studies
Read Quantifying Divergence Part 1
Whilst POPS (Price makes a nine-bar high, or low and the RSI makes a three-bar high or low) and UFO (Price makes a 9 Bar high and the RSI a 3 Bar low) have… more
Developed by Marc Chaikin, the Chaikin Oscillator is a technical analysis tool traders and investors use to confirm trends and indicate possible trend reversals. The oscillator uses the… more
This post detailed the Double Exponential Moving Average Study or DEMA. DEMA is helpful for technical analysis because it reduces the lag of traditional moving averages, such as the simple moving… more
The Double Exponential Moving Average study is a moving average calculation that reduces the lag associated with other moving averages. The Double Exponential Moving average is calculated as the… more
Divergence can be likened to being able to see an eel in clear water. It's highly visible but try picking it up and holding on. If divergence is to be used as part of your armory it must be linked… more
This post offers a downloadable CQG PAC for IC and QTrader and Excel dashboard that includes two custom studies that track a market's performance by measuring the price difference between the… more
VWAP is the volume weighted average price for a futures contract plotted as a line on the price chart. The calculation is the sum of traded volume times the price divided by the sum of the traded… more
Trading Studies
This set of studies provides the Order Display study (indications on a chart for filled and working orders), open trade equity, current position, and profit and loss account… more
This post provides a guideline to reviewing the outcomes of a pattern recognition approach to the markets.
Two recent posts on Workspaces discussed CQG's Candlestick Formations Study.
… more