mirror of
https://github.com/mihakralj/QuanTAlib.git
synced 2026-08-12 23:58:04 +00:00
docs: update category index files and fix indicator implementations (#58)
This commit is contained in:
+38
-61
@@ -1,67 +1,44 @@
|
||||
# Oscillators
|
||||
|
||||
> "Oscillators tell you when to act, not which direction to trade." Unknown
|
||||
> "Oscillators tell you when to act, not which direction to trade." Unknown
|
||||
|
||||
Oscillators fluctuate above and below a centerline or within bounded ranges. Useful for identifying overbought/oversold conditions, momentum shifts, and divergences. Best in ranging markets; trend-following indicators work better in trending markets.
|
||||
|
||||
## Indicator Status
|
||||
|
||||
| Indicator | Full Name | Status | Description |
|
||||
| :--- | :--- | :---: | :--- |
|
||||
| AC | Acceleration Oscillator | =� | Second derivative of AO. Measures acceleration of market driving force. |
|
||||
| [AO](lib/oscillators/ao/ao.md) | Awesome Oscillator | | 5-period SMA minus 34-period SMA of bar midpoint. Bill Williams creation. |
|
||||
| [APO](lib/oscillators/apo/Apo.md) | Absolute Price Oscillator | | Raw currency difference between fast and slow EMAs. Unbounded. |
|
||||
| BBB | Bollinger %B | =� | Position within Bollinger Bands. 0=lower band, 1=upper band. || BBI | Bulls Bears Index | ≡ | Measures the relative strength of bulls and bears based on price action. || BBS | Bollinger Band Squeeze | =� | BB width < KC width indicates consolidation. Breakout imminent. || BOP | Balance of Power | ≡ | Measures the strength of buyers vs. sellers by relating price change to the trading range. |
|
||||
| BRAR | BRAR | ≡ | Combines AR (sentiment) and BR (momentum) indicators to gauge market mood. |
|
||||
| CCI | Commodity Channel Index | ≡ | Measures price deviation from its statistical mean, identifies cyclical turns. |
|
||||
| COPPOCK | Coppock Curve | ≡ | Long-term momentum oscillator used primarily for identifying major market bottoms. |
|
||||
| CRSI | Connors RSI | ≡ | Composite indicator combining RSI, Up/Down Streak Length, and Rate-of-Change. |
|
||||
| CTI | Correlation Trend Indicator | ≡ | Measures the correlation between price and time to determine trend strength. |
|
||||
| DOSC | Derivative Oscillator | ≡ | Measures the difference between a double-smoothed RSI and its signal line. || CFO | Chande Forecast Oscillator | =� | Percentage difference between price and linear regression forecast. |
|
||||
| DPO | Detrended Price Oscillator | =� | Removes trend via displaced SMA. Reveals cycles. || ER | Efficiency Ratio | ≡ | Measures price efficiency by comparing net price movement to total price movement (KAMA component). |
|
||||
| ERI | Elder Ray Index | ≡ | Measures buying (Bull Power) and selling (Bear Power) pressure relative to an EMA. || FISHER | Fisher Transform | =� | Converts prices to Gaussian distribution. Sharp reversals. || FOSC | Forecast Oscillator | ≡ | Plots the percentage difference between a forecast price (e.g., linear regression) and the actual price. || INERTIA | Inertia | =� | Trend strength from distance to linear regression line. |
|
||||
| KDJ | KDJ Indicator | =� | Enhanced Stochastic. J = 3K - 2D provides leading signal. || KRI | Kairi Relative Index | ≡ | Measures the deviation of the current price from its simple moving average. |
|
||||
| KST | KST Oscillator | ≡ | Smoothed, weighted Rate-of-Change oscillator combining multiple timeframes. || PGO | Pretty Good Oscillator | =� | Distance from SMA normalized by ATR. Units: ATR multiples. || PSL | Psychological Line | ≡ | Measures percentage of days closing up over a specified period, gauges sentiment. |
|
||||
| QQE | Quantitative Qualitative Estimation | ≡ | Smoothing technique applied to RSI, providing trade signals via signal line crossovers. |
|
||||
| RVGI | Relative Vigor Index | ≡ | Compares closing price to trading range. || SMI | Stochastic Momentum Index | =� | Distance from range midpoint. More sensitive than classic Stochastic. || SQUEEZE | Squeeze | ≡ | Identifies periods of low volatility (Bollinger Bands inside Keltner Channels) for potential breakouts. || STOCH | Stochastic Oscillator | =� | Close position within N-period high-low range. Classic overbought/oversold. |
|
||||
| STOCHF | Stochastic Fast | =� | Unsmoothed Stochastic. Faster but noisier. |
|
||||
| STOCHRSI | Stochastic RSI | =� | Stochastic applied to RSI. More sensitive than either alone. || TD_SEQ | TD Sequential | ≡ | Identifies potential price exhaustion points and reversals based on price bar counting. || TRIX | Triple Exponential Average | =� | ROC of triple EMA. Filters noise through three smoothings. |
|
||||
| [ULTOSC](lib/oscillators/ultosc/ultosc.md) | Ultimate Oscillator | | Multi-timeframe oscillator. Combines 7, 14, 28 period buying pressure. |
|
||||
| WILLR | Williams %R | =� | Inverse Stochastic. -100 to 0 range. Overbought/oversold. |
|
||||
|
||||
**Status Key:** Implemented | =� Planned
|
||||
|
||||
## Selection Guide
|
||||
|
||||
| Use Case | Recommended | Why |
|
||||
| Indicator | Full Name | Description |
|
||||
| :--- | :--- | :--- |
|
||||
| Momentum confirmation | AO, APO | AO for bar midpoint. APO for close price. Both unbounded. |
|
||||
| Overbought/oversold | STOCH, WILLR, STOCHRSI | Bounded 0-100 or -100 to 0. Classic mean reversion signals. |
|
||||
| Multi-timeframe analysis | ULTOSC | Combines three periods. Reduces false signals. |
|
||||
| Cycle detection | DPO | Removes trend to reveal underlying cycles. |
|
||||
| Leading signals | KDJ, FISHER | J-line leads K and D. Fisher provides sharp turns. |
|
||||
| Noise filtering | TRIX | Triple smoothing removes most short-term noise. |
|
||||
| Volatility-normalized | PGO | ATR normalization makes signals comparable across instruments. |
|
||||
|
||||
## Oscillator Types
|
||||
|
||||
| Type | Examples | Range | Best For |
|
||||
| :--- | :--- | :--- | :--- |
|
||||
| Bounded (0-100) | STOCH, STOCHRSI | 0 to 100 | Overbought/oversold zones |
|
||||
| Bounded (-100 to 0) | WILLR | -100 to 0 | Mean reversion |
|
||||
| Bounded (-1 to +1) | FISHER | - to + (practical: �3) | Sharp reversal signals |
|
||||
| Unbounded | AO, APO, DPO | - to + | Trend momentum |
|
||||
| Normalized | PGO, CFO | ATR or % units | Cross-market comparison |
|
||||
|
||||
## Divergence Analysis
|
||||
|
||||
Oscillator divergence signals potential reversals:
|
||||
|
||||
| Price Action | Oscillator Action | Signal |
|
||||
| :--- | :--- | :--- |
|
||||
| Higher high | Lower high | Bearish divergence. Weakening momentum. |
|
||||
| Lower low | Higher low | Bullish divergence. Strengthening support. |
|
||||
| Higher high | Higher high | Confirmation. Trend intact. |
|
||||
| Lower low | Lower low | Confirmation. Trend intact. |
|
||||
|
||||
Divergences work best with bounded oscillators (STOCH, RSI, WILLR) where extremes are well-defined.
|
||||
| AC | Acceleration Oscillator | Second derivative of AO. Measures acceleration of market driving force. |
|
||||
| [AO](lib/oscillators/ao/Ao.md) | Awesome Oscillator | 5-period SMA minus 34-period SMA of bar midpoint. Bill Williams creation. |
|
||||
| APO | Absolute Price Oscillator | Raw currency difference between fast and slow EMAs. Unbounded. |
|
||||
| BBB | Bollinger %B | Position within Bollinger Bands. 0=lower band, 1=upper band. |
|
||||
| BBS | Bollinger Band Squeeze | BB width < KC width indicates consolidation. Breakout imminent. |
|
||||
| CFO | Chande Forecast Oscillator | Percentage difference between price and linear regression forecast. |
|
||||
| DPO | Detrended Price Oscillator | Removes trend via displaced SMA. Reveals cycles. |
|
||||
| FISHER | Fisher Transform | Converts prices to Gaussian distribution. Sharp reversals. |
|
||||
| INERTIA | Inertia | Trend strength from distance to linear regression line. |
|
||||
| KDJ | KDJ Indicator | Enhanced Stochastic. J = 3K - 2D provides leading signal. |
|
||||
| PGO | Pretty Good Oscillator | Distance from SMA normalized by ATR. Units: ATR multiples. |
|
||||
| SMI | Stochastic Momentum Index | Distance from range midpoint. More sensitive than classic Stochastic. |
|
||||
| STOCH | Stochastic Oscillator | Close position within N-period high-low range. Classic overbought/oversold. |
|
||||
| STOCHF | Stochastic Fast | Unsmoothed Stochastic. Faster but noisier. |
|
||||
| STOCHRSI | Stochastic RSI | Stochastic applied to RSI. More sensitive than either alone. |
|
||||
| TRIX | Triple Exponential Average | ROC of triple EMA. Filters noise through three smoothings. |
|
||||
| [ULTOSC](lib/oscillators/ultosc/Ultosc.md) | Ultimate Oscillator | Multi-timeframe oscillator. Combines 7, 14, 28 period buying pressure. |
|
||||
| WILLR | Williams %R | Inverse Stochastic. -100 to 0 range. Overbought/oversold. |
|
||||
| BBI | Bulls Bears Index | Measures relative strength of bulls and bears based on price action. |
|
||||
| BOP | Balance of Power | Measures strength of buyers vs. sellers by relating price change to trading range. |
|
||||
| BRAR | BRAR | Combines AR (sentiment) and BR (momentum) indicators to gauge market mood. |
|
||||
| CCI | Commodity Channel Index | Measures price deviation from statistical mean, identifies cyclical turns. |
|
||||
| COPPOCK | Coppock Curve | Long-term momentum oscillator for identifying major market bottoms. |
|
||||
| CRSI | Connors RSI | Composite indicator combining RSI, Up/Down Streak Length, and Rate-of-Change. |
|
||||
| CTI | Correlation Trend Indicator | Measures correlation between price and time to determine trend strength. |
|
||||
| DOSC | Derivative Oscillator | Measures difference between double-smoothed RSI and its signal line. |
|
||||
| ER | Efficiency Ratio | Measures price efficiency by comparing net to total price movement. |
|
||||
| ERI | Elder Ray Index | Measures buying (Bull Power) and selling (Bear Power) pressure relative to EMA. |
|
||||
| FOSC | Forecast Oscillator | Percentage difference between forecast price and actual price. |
|
||||
| KRI | Kairi Relative Index | Measures deviation of current price from its simple moving average. |
|
||||
| KST | KST Oscillator | Smoothed, weighted Rate-of-Change combining multiple timeframes. |
|
||||
| PSL | Psychological Line | Percentage of days closing up over period, gauges sentiment. |
|
||||
| QQE | Quantitative Qualitative Estimation | Smoothing technique applied to RSI with signal line crossovers. |
|
||||
| RVGI | Relative Vigor Index | Compares closing price to trading range. |
|
||||
| SQUEEZE | Squeeze | Identifies low volatility when BB inside KC for potential breakouts. |
|
||||
| TD_SEQ | TD Sequential | Identifies price exhaustion points and reversals via bar counting. |
|
||||
|
||||
Reference in New Issue
Block a user