{"id":20362,"date":"2012-08-21T15:13:53","date_gmt":"2012-08-21T19:13:53","guid":{"rendered":"http:\/\/www.thedisciplinedinvestor.com\/blog\/?p=20362"},"modified":"2016-09-20T19:34:11","modified_gmt":"2016-09-20T23:34:11","slug":"you-asked-here-it-is-the-spearman-indicator","status":"publish","type":"post","link":"https:\/\/thedisciplinedinvestor.com\/blog\/2012\/08\/21\/you-asked-here-it-is-the-spearman-indicator\/","title":{"rendered":"You Asked, Here it is: The Spearman Indicator"},"content":{"rendered":"

The Spearman indicator is a useful tool. In fact, we use some of the calculation\/data points for our Key Reversal Indicator<\/strong><\/a>.<\/p>\n

A chart that we have posted \u00a0 here before<\/strong><\/a> has been updated as we received several requests from readers.<\/p>\n

Note that the recent reading was one of the highest seen in some time and now the indicator is starting to flash a warning signal. That, coupled with the Trend\/Stall indicator is going to important to watch and see if they confirm each other.<\/p>\n

 <\/p>\n

\"\"<\/a><\/p>\n

Our good friend, Bill Sindel over at Bloomberg helped design the Trend\/Stall study which is beneficial to confirm the Spearman and if there is the potential for a reversal of trend.<\/p>\n

TrendStall identifies points at which a trend is losing momentum and is likely to stall or consolidate. The determination is based on a Rate of Change of the ADX. The parameters for the ADX, Rate of Change, and Moving Average of the Rate of Change are user adjustable.<\/p>\n

The bar that has been determined to be the ‘Stall’ point is marked by a triangle above or below that bar. The price bars leading up to a TrendStall signal are painted a different color to alert the user that the TrendStall histogram has risen above the threshold level confirming a trend is in place and a stall is imminent. The period after the stall bar may also be painted on the price chart, depending on the value of the histogram (ADX ROC) in relation to a moving average of that value. This ‘paintbar’ period is often valuable as an indication of a slightly longer stall confirmation.<\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"

The Spearman indicator is a useful tool. In fact, we use some of the calculation\/data points for our Key Reversal Indicator. A chart that we have posted \u00a0 here before has been updated as we received several requests from readers. Note that the recent reading was one of the highest<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[12,42,253],"tags":[361],"class_list":["post-20362","post","type-post","status-publish","format-standard","hentry","category-markets","category-stocks","category-strategy","tag-technical-anlaysis","et-doesnt-have-format-content","et_post_format-et-post-format-standard"],"acf":[],"_links":{"self":[{"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/posts\/20362","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/comments?post=20362"}],"version-history":[{"count":0,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/posts\/20362\/revisions"}],"wp:attachment":[{"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/media?parent=20362"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/categories?post=20362"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/tags?post=20362"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}