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Technical Indicators

This document provides a comprehensive reference for technical indicators used in trading, organized by category. Each indicator includes its calculation, interpretation, and practical application.

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Signal Type Classifications

MangroveAI uses two signal types:

• TRIGGER: Discrete events at specific moments (crossovers, breakouts). Fire once when conditions transition from false to true.
• FILTER: Continuous state conditions (price above MA, RSI overbought). Evaluate to true or false at each bar.

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Momentum Indicators (42 signals)

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RSI (Relative Strength Index)

Measures the speed and magnitude of price changes on a 0-100 scale. Signals:

• rsi_oversold (FILTER) — RSI below threshold
• rsi_overbought (FILTER) — RSI above threshold
• rsi_cross_up (TRIGGER) — RSI crosses above threshold
• rsi_cross_down (TRIGGER) — RSI crosses below threshold

Default parameters: window=14, oversold threshold=30, overbought threshold=70

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Stochastic Oscillator

Compares closing price to the price range over a period. Signals: stoch_overbought, stoch_oversold

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Williams %R

Momentum indicator measuring overbought/oversold levels. Signals: williams_r_oversold, williams_r_overbought

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TSI (True Strength Index)

Double-smoothed momentum oscillator.

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Trend Indicators (88 signals)

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SMA (Simple Moving Average)

Average of closing prices over N periods. Signals:

• is_above_sma (FILTER) — Price above SMA
• sma_crossover (FILTER) — SMA crossover condition
• sma_cross_up (TRIGGER) — Fast SMA crosses above slow SMA
• sma_cross_down (TRIGGER) — Fast SMA crosses below slow SMA

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EMA (Exponential Moving Average)

Weighted moving average giving more weight to recent prices. Signals: ema_cross_up, ema_cross_down, ema_crossover, price_above_ema

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MACD (Moving Average Convergence Divergence)

Difference between fast and slow EMAs with a signal line. Signals: macd_bullish_cross (TRIGGER), macd_bearish_cross (TRIGGER), macd_positive (FILTER)

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ADX (Average Directional Index)

Measures trend strength regardless of direction. Signals: adx_strong_trend (FILTER), adx_bullish_di (FILTER)

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Volume Indicators (33 signals)

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OBV (On-Balance Volume)

Cumulative volume based on price direction. Signals: obv_bullish, obv_bearish

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MFI (Money Flow Index)

Volume-weighted RSI combining price and volume. Signals: mfi_oversold, mfi_overbought

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CMF (Chaikin Money Flow)

Measures buying/selling pressure over a period. Signals: cmf_bullish, cmf_bearish

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VWAP (Volume-Weighted Average Price)

Average price weighted by volume. Signals: vwap_above, vwap_below

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Volatility Indicators (20 signals)

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Bollinger Bands

Price bands based on standard deviations from a moving average. Signals:

• bb_upper_breakout (TRIGGER) — Price breaks above upper band
• bb_lower_breakout (TRIGGER) — Price breaks below lower band
• bb_squeeze (TRIGGER) — Bands contract (low volatility)

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ATR (Average True Range)

Measures market volatility. Signals: atr_high_volatility (FILTER)

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Keltner Channel

Envelope around an EMA using ATR for band width. Signals: kc_upper_breakout (TRIGGER), kc_lower_breakout (TRIGGER)