T/A studies

This article is a single reference for VolFix T/A studies used for technical analysis. Use the table to jump directly to the required indicator, then review the setup notes below.

T/A studies

ADX (Average Directional Index)

ADX measures the strength of a price trend without showing its direction by itself.

The indicator consists of three lines: +DI, -DI, and ADX. +DI measures upward price pressure, -DI measures downward pressure, and ADX measures overall trend strength. As a rule, values below 20-25 suggest a weak or sideways market, values above 25-40 indicate a stronger trend, and values above 50-60 indicate a very strong trend that may also signal exhaustion.

The relationship between +DI and -DI helps determine direction: +DI > -DI indicates buyers are in control, while -DI > +DI indicates sellers are in control.

ALMA (Arnaud Legoux Moving Average)

ALMA is a moving average that applies a Gaussian weighting curve to price data in order to reduce lag while keeping the line smooth.

It is designed to combine the smoothness of a simple moving average with the responsiveness of an exponential moving average. The indicator is defined by three parameters: Window, Offset, and Sigma. Together they control the number of bars used, the emphasis on recent prices, and the width of the weighting distribution.

Average True Range (ATR)

ATR is a market volatility indicator that measures the average size of recent bars.

As a rule, it is calculated over 14 bars and reflects the average difference between high and low prices. A higher ATR means higher volatility, while a lower ATR suggests a quieter market.

Bollinger Bands

Bollinger Bands consist of a simple moving average and two volatility bands plotted above and below it.

The upper and lower bands are based on standard deviation, so they expand and contract with market volatility. Traders often use Bollinger Bands to evaluate overbought and oversold conditions, possible breakouts, and trend strength.

Fair Value Gap

Fair Value Gap highlights imbalance zones where price moved sharply and left an inefficiently traded area on the chart.

These gaps are detected automatically and displayed as colored rectangles. They can be used to spot zones where price may later revisit, react, or rebalance.

Moving Average

Moving Average displays one of the available moving-average studies on the chart.

VolFix provides several moving-average variants, including simple and exponential moving averages, which can be used for trend tracking and confirmation.

Pivot Points

Pivot Points are an intraday technical indicator used to identify trends, reversals, support, and resistance.

VolFix provides three key support and resistance levels based on daily, weekly, or monthly timeframes. The levels are calculated from the pivot point, which is the average of the previous period's high, low, and close prices. PP is the pivot point itself, R1/R2/R3 are resistance levels, and S1/S2/S3 are support levels.

RSI

RSI (Relative Strength Index) is a momentum indicator that measures the speed and magnitude of price changes.

It is commonly used to evaluate overbought and oversold conditions. In practice, values below 30 are often treated as oversold, while values above 70 are often treated as overbought.

SuperTrend

SuperTrend is used to identify market trends and potential entry or exit points.

The indicator is based on a combination of ATR and a multiplier. By default, VolFix uses an ATR period of 14 and a multiplier of 3. When price crosses above the upper SuperTrend line, it may signal a bullish continuation; when price crosses below the lower line, it may signal a bearish continuation or reversal.

TD Sequential

TD Sequential is a reversal-oriented indicator associated with Tom DeMark.

Its main purpose is to identify possible exhaustion points in a trend. As a rule, when price meets the trigger condition for 9 consecutive bars during an advance or decline, the current trend may be considered exhausted and the probability of a reversal or correction increases.

TWAP

TWAP (Time-Weighted Average Price) shows the average price of an asset over a selected period without taking trade volume into account.

Unlike VWAP, which uses volume in the calculation, TWAP focuses only on time and price. This makes it useful when you need an average reference price that is not volume-weighted.

Williams Fractals

Williams Fractals are reversal candlestick patterns used to identify possible turning points in the market.

A fractal is a sequence of five complete candlesticks and may be bullish or bearish. Traders often use fractals to identify potential reversal points and to place stop-loss or confirmation levels in trend-following setups.