• Chaikin Money Flow
• Double Stochastics
• Bollinger Bandwidth
• Bollinger Percent
• Bollinger Fibonacci Ratio

Chaikin Money Flow

Like Accumulation Distribution Line and Chaikin Oscillator, the Chaikin Money Flow Oscillator (CMF) is a good representation of the buying and selling pressure. In technical analysis, CMF is considered bullish when it is positive and bearish when it is negative.

Like the majority of other oscillators in technical analysis, Chaikin Money Flow signals can be generated on the divergence and crossovers.

1. Since negative CMF indicates selling pressure (distribution) and positive CMF indicates buying pressure (accumulation), a buy/sell signal could be generated on the crossover of the CMF and center line (zero line).
2. A divergence between price and CMF can also be used to generate signals. A situation in which the price reaches new lows and the Chaikin Money Flow Oscillator does not achieve a new low or begin to move up, could be considered to be Bullish divergence when the selling pressure begins to stop and buying pressure begins to grow. This indicates change in the market sentiment and a possible reversal upward. Controversy, periods when the price makes a new high and the Chaikin Money Flow Oscillator does not make a new high or has started to move down could indicate changes in bullish sentiment toward a bearish mood. Such a divergence can be used to consider selling.

Double Stochastics

From the chart below you can see that Stochastics and Double Stochastics lines move in the same pattern most of the time. However, the Double Stochastics moves more dynamically by spending less time in the middle area (between 20% and 80%).

The Double Stochastic Oscillator can be analyzed in the same way as other Stochastic Oscillators. It oscillates between 0 and 100% and was developed to locate the recent close in relation to the high/low range. As in the case of the original Stochastic Oscillators, technical analysis states that, in rising markets (bullish markets), Double Stochastics moves close to 100% (above 80%) and in declining markets (bearish markets), the Double Stochastics tends to move closer to 0% (below 20%).

Bollinger Bandwidth

The Bollinger Bandwidth can be used to identify "the Squeeze" - when the Bandwidth is at its lowest low value within n-periods. Bollinger states that Squeeze could occur before a trend reversal, like "the calm before the storm". In this case, trading Buy/Sell signals can be generated on the price breakouts following the Squeeze.

Bollinger Percent

The Bollinger Percent calculates the current price location relative to the upper and lower Bands. As an example

• A Bollinger Percent reading of 50% means that the current price is exactly at the middle band;
• When the Bollinger Percent hits 100%, it means that the price is at the upper band level;
•  When the Bollinger Percent drops to 0%, it tells us that the current price has dropped to the lower band level;
•  Readings above 100% reveal that the price is moving above the upper band;
•  Readings below 0% show that the current price has dropped below the lower band.

Bollinger Fibonacci Ratio

The Fibonacci Bollinger Bands indicator is similar to the standard Bollinger Bands indicator, which was developed by John Bollinger. The Fibonacci Bands are based on the same principles as Bollinger Bands by building upper and lower bands on the stock's volatility, but using Wilders Smoothed ATR (Average True Range) instead of using the Standard Deviation.

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