Larry Williams Proxy Index (LWPI), sometimes just called one the Larry Williams Indicators is a confirmation indicator. First and foremost, Larry Williams has been revered as one of the founding father’s of modern trading, his career spanning over 40 years. He has published multiple books on trading, and his material featured in various trading magazine.
Larry Williams Large Trade Index (LWTI) is an indicatory by Larry Williams as explained in his book "Trade Stocks and Commodities with the Insiders: Secrets of the COT Report". The original concept was specifically based on Trader (or Market) Sentiment and predicting market reversals.
This indicator is considered a “confirmation indicator” which falls into the category of indicators that serve as an initial checkpoint after the baseline indicator provides you with a foundational signal. The Coral indicator is a combination of moving averages smoothed exponentially.
Laguerre RSI is based on John EHLERS' Laguerre Filter to avoid the noise of RSI . As such, it is possible to use it to plot trend changes more precisely - and thus open and close positions at these points.
The TrendLord indicator is a chart overlay indicator which can be used as a confirmation indicator. It is a derivative of a smoothed moving average but with the advantage of representing it as a colored change histogram.
Twiggs Money Flow is Colin Twiggs' derivation of the popular Chaikin Money Flow indicator, which is in turn derived from the Accumulation Distribution line. While Chaikin Money Flow uses Close Location Value to evaluate volume as bullish or as bearish, Twiggs Money Flow, uses the True Range. Twiggs Money Flow also relies on moving averages in its calculation while Chaikin uses cumulative volume.