I have spent some time recently thinking about "being creative," and about "creative people." I've also spent quite a bit of time thinking about how creativity functions in our lives and how we use creativity even in the simplest of problem-solving situations, like figuring out how to unlock the passenger-side door from the driver's side of the car without walking around the car on an icy parking lot.
I don't know that what I've come up with is really all that groundbreaking, but I hope it's an interesting look at how we use our creativity.
**"Creative" vs. "Noncreative" People**
There seems to be a widespread belief that there are "creative" people and "noncreative" people, and that only the former use creativity on a daily basis, while the rest of the world exists in some kind of creativity-free zone where nothing creative happens.
I just don't believe that.
Not only do I not believe it, I know it is not true.
I know this because I happen to know some people who don't fall into the category of "creative" as most people see it. Let's take my husband as an example. He's about as left-brained as you can get. He's a computer programmer by trade. Most people don't think of computer programming as being a creative profession.
But it is, if you think about it.
I realized this some time ago when I asked him to design a database for me. I couldn't figure out what to put in it or how to organize it. Watching him, I realized that he was literally designing, creating, this database. There was nothing, and then there was a computer database holding all my data exactly the way I wanted it. It was really amazing.
There are people whose work is more overtly creative, or who do more obviously creative things, than other people. And yes, it makes sense to call these people "creative." But I don't like the term "non-creative" for other people. How about "less obviously creative" instead?
Works for me.
**What is Creativity?**
My favorite definition of creativity comes from Dictionary.com:
"Characterized by originality and expressiveness; imaginative"
I think it's important, in talking about how we use creativity, to focus on the originality and expressiveness of creativity.
In this sense, a computer program can be as original as an oil painting.
I deeply believe that auto mechanics are some of the most creative people alive, because they can hear a description of a problem and *imagine* what might be causing it. Heck, I can't even imitate the noise right, let alone know that it's coming from my rocker plate, or whatever.
If we broaden our definition of creativity so that it includes not just "traditional" creativity, but all types of originality, expressiveness, and imaginativeness, we can begin to see that everyone, every day, uses their creative genius to accomplish their goals, or at least to pursue those goals, whether it be the artist working on a new landscape or the toddler trying to reach the cookie jar.
[End of Part 1]
People Who Use People Part 1
Some of stock market indicators are more common and useful than others. Also you need a few of them to trade not all off them.
In this article I try to describe three oscillators:
Momentum and Rate of Change (ROC)
Moving Average Convergence/Divergence (MACD)
Relative Strength Index (RSI)
What are oscillators?
Oscillators are indicators that are usually computed from prices and that tends to cycle or "oscillate" within a fixed or limited range.
Momentum and Rate of Change (ROC)
Momentum is an oscillator designed to measure the rate of price change, not the actual price level. This oscillator consists of the net difference between the current closing price and the oldest closing price from predetermined period.
The formula is:
Momentum (M) = CCP - OCP
Where: CCP is Current Closing Price and OCP is Old Closing Price
Momentum is simply the difference, and the ROC is a ratio expressed in percentage. Momentum and Rate of Change (ROC) are simple indicators showing the difference between today's price and the close N days ago. Momentum in general term means strongly movement of prices in a given direction.
Moving Average Convergence/Divergence (MACD)
MACD is computed by subtracting a longer moving average from a shorter moving average. MACD is used with a signal or trigger line, which is a moving average of MACD. If MACD and trigger line cross, then this indicate that a change in the trend is likely. MACD developed by Gerald Appel.
The MACD smoothes data, as does a moving average; but it also removes some of the trend, highlighting cycles and sometimes moving in coincidence with the market .
Relative Strength Index (RSI)
RSI measures the relative changes between up-moves or down-moves and scales its output to a fixed range, 0 to 100. RSI is an oscillator and Welles Wilder devised it.
The formula for calculating RSI is:
RSI = 100 - [100/ (1+RS)]
Where: RS is average of N days up closes, divided by average of N days down closes and N is predetermined number of days that usually chosen 14.
RSI can use as an overbought/oversold indicator. A buy signal is when the RSI moves below a threshold, into oversold territory, and then crosses back above that threshold, usually 30 is taken for oversold threshold. A sell is signaled when the RSI moves above another threshold, into overbought territory, and then crosses below that threshold, usually 70 is taken for overbought threshold.
Conclusion
Oscillators are used as an overbought/oversold indicator. A buy is signaled when the oscillator moves below some threshold, and then crosses back above that threshold. A sell is signaled when the oscillator moves above another threshold, and then crosses below that threshold.
Oscillators have the potential to provide good entry and exit points. So they have the potential to provide a high percentage of wining trade. Also they have some weaknesses; some of them can easily become stuck at one of their extremes, or don't capture some trends.
Both Angie Dixon & Mostafa Soleimanzadeh are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.
Angie Dixon has sinced written about articles on various topics from Lose Weight, Web Development and Phoenix University. Angie Dixon is a creativity expert and author of The Leonardo Trait: Living the Multipassionate Life. Get a free creativity kit at . Contact. Angie Dixon's top article generates over 3600 views. to your Favourites.
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