Oscillators reference

Oscillators draw in their own pane below the chart, on a separate scale, so they can swing through their own range without distorting price. Nocterm ships ten covering momentum and volume. Each has its own parameters and, where relevant, guide lines marking overbought and oversold zones.

Where: Indicators panel ▸ OscillatorsPanel: Chart

📷

Screenshot needed

id: indicators-oscillators-reference

A chart with RSI and MACD oscillators in panes stacked beneath the price chart

suggested 1280x720

Overview

Each oscillator opens in its own stacked pane so momentum and volume read independently of price. Several plot guide lines - RSI’s 30/70, MFI’s 20/80 - that mark conventional overbought and oversold thresholds. The defaults below follow common settings; all are editable from the indicator’s settings gear.

How to use

1. Open the Indicators menu and add an oscillator from the Oscillators group. It opens a pane below the chart.

2. Open its legend chip gear to set lengths, signal periods, and guide levels.

   📷

   Screenshot needed

   id: indicators-oscillators-reference-params

   Editing an oscillator's parameters from its legend chip

   suggested 640x480

Oscillators

Indicator	What it does	Key params
RSI	Relative strength - momentum on a 0–100 scale	Length 14, guides 30/70
MACD	Moving-average convergence/divergence with signal	Fast, slow, signal
Stochastic	Position of close within recent range	%K length, %D smooth, smooth
Stochastic RSI	Stochastic applied to RSI for faster signals	RSI length, Stoch length, %K, %D
ATR	Average true range - volatility	Length 14
ADX/DMI	Trend strength with directional movement	Length 14; +DI, -DI, ADX
CCI	Commodity channel index - deviation from average	Length 20, guides -100/100
OBV	On-balance volume - cumulative volume by direction	No params
MFI	Money flow index - volume-weighted momentum	Length 14, guides 20/80
Williams %R	Close relative to recent high-low range	Length 14, guides -20/-80

Tip

ADX/DMI outputs three lines - +DI, -DI, and ADX. Read +DI over -DI as bullish control and -DI over +DI as bearish, while a rising ADX says the trend, either way, is strengthening.

Note

Guide lines (such as RSI’s 30/70 or MFI’s 20/80) are conventional thresholds, not signals on their own. Adjust them and the lengths to your instrument from each indicator’s settings gear.

Related

• Adding & managing indicators - add, configure, and remove indicators.
• Overlays reference - the 10 on-chart overlays.
• Chart colors & themes - recolor oscillator lines.