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Technicals

Technical analysis

Gorila calculates indicators, moving averages, pivot points and candlestick patterns from daily and weekly candles for almost 30 symbols. For reference only, not trading advice.

How the scores work
  • Moving averages: a close above the MA is Buy, below is Sell. There are 12 lines (SMA and EMA 5, 10, 20, 50, 100, 200).
  • Indicators: RSI above 55 is Buy, below 45 is Sell, above 70 is Overbought, below 30 is Oversold. MACD above its signal line is Buy. ADX below 20 is Neutral. Overbought and oversold count as Neutral in the score.
  • Score = (Buys − Sells) ÷ total. 0.5 or more is Strong buy, from 0.1 is Buy, between −0.1 and 0.1 is Neutral, −0.5 or less is Strong sell. The summary averages both groups.
  • Pivot points and candlestick patterns use closed candles only. Indicators include the running candle, so they can change during the day.
  • This is a mechanical calculation, not advice. Always use a stop loss and own your trades.