The Best Trading Indicators You've Never Heard About

 Best stock indicators you've never heard of

There are a number of best stock indicators you've never heard of. 

One such indicator is the Force Index. The Force Index is a variation of the Relative Strength Index (RSI), which is a momentum indicator. The Force Index looks at the magnitude and the direction of price changes to gauge the intensity of buying or selling pressure. The Force Index is calculated by taking the absolute value of the difference between the current close and the close 14 periods ago. The indicator is then divided by the close 14 periods ago.

A positive Force Index reading indicates that buying pressure is increasing, while a negative reading indicates that selling pressure is increasing. The Force Index can be used to identify overbought or oversold conditions, and can be used to generate trading signals.

Another best stock indicator you've never heard of is the Awesome Oscillator. The Awesome Oscillator is a momentum indicator that measures the magnitude and rate of change of price movements. The indicator is calculated by taking the difference between the 34period and 5period Simple Moving Averages (SMA), and then dividing that value by the 5period SMA.

A positive Awesome Oscillator reading typically indicates that the current price is above the average price for the past 34 periods, and that buying pressure is increasing. A negative reading typically indicates that the current price is below the average price for the past 34 periods, and that selling pressure is increasing. The Awesome Oscillator can be used to identify overbought or oversold conditions, and can be used to generate trading signals.

Conclusion

The article provides an overview of some less well-known stock indicators that may be useful for investors. While none of these indicators is foolproof, they may help investors to better understand the market and make more informed investment decisions.