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Classic Chart Indicators and Studies

Find descriptions, formulas, parameters, and other help for the indicators and studies used by the Barchart.com Classic Charting application below.

Classic Charts and Technical Charts each have their own set of studies.

View Technical Chart Indicators

Classic Chart Indicators and Studies

When you switch between Classic and Technical Charts, any studies already on the chart are removed, as the indicators do not transfer.

When charting any of the studies, the argument coloring is red, green then blue. For example, on a Moving Average chart [9, 18, 40], the 9 day would be the red line, 18 day would be the green line and the 40 day would be the blue line. The argument order is displayed on the chart next to the study name.

Williams PRO-GO Indicator

This indicator has two lines: the Public Buying (green line) at the beginning of the day and the Professional Buying (red line) at the end of the day.

This technique is to create two Advance/Decline lines.

The Public Advance/Decline line is constructed by using the change from yesterday's closes to today's open.
The professional Advance/decline line is constructed by using the change from today's open to today's close.

The lines are calculated by taking a moving average, normally 14-days, of the results.

This study is only for daily charts and can be used to highlight divergences between the Professional Advance/Decline (red line) and the price. The common interpretation of this study is if the Professional line (red) goes below the Public line (green) it is a sell signal and if the Professional line (red) goes above the Public line (green) it is a buy signal.

Sample Chart:

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