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tradeMONSTER Adds 7 New Chart Studies

Written by Brandon Reinkensmeyer on April 14, 2011.

tradeMONSTER (read our full review) has added a total of seven new chart studies to their research charting tools. These features are in addition to several existing chart studies they already had in place. The new studies include the following:

- Force Index – Buy and sell signals are generate when Force Index crosses the line.
- On Balance Volume (OBV) – Detects large amounts of buying or selling.
- Average True Range (ATR) – Volatility measurement.
- Rate of Change (ROC) – Percentage increase or decrease in a price over a set time period.
- Keltner Channel – Compares price relative to moving averages.
- Chaiken Money Flow (CMF) Chart Study – Breakout confirmation indicator.
- Moving Average Envelopes – Custom set a line at a percentage above/below the moving average.

Watch the recent trademonstertv upload, Episode 25, breaking down each chart study:

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