Indicators Used To Analyze Charts - Indicators Day Trading Forex
The various chart indicators which are used to analyze and interpret chart prices - Indicators Explained PDF. These technical indicators are:
Price Overlay Indicators - Trading Indicators Explained
These are indicators which are added on the trading chart directly within the chart. These price overlay indicators are drawn over the price thus their name - price overlay technical indicators. These price overlay indicators are:
1.Moving Averages
2.Bollinger Band
3.Parabolic SAR
4.Pivots Points
5.Ichimoku
Oscillators - Indicators Explained
These are trading indicators which are drawn on a separate panel instead of being drawn directly on the charts.
These oscillators indicators oscillate between 2 points and they have a centerline mark that's used to mark and highlight the level where a price trend changes. When prices move above this center mark of the oscillator indicator the market is bullish and when prices move below this center-line mark the market prices are bearish. These Oscillator Indicators are:
1.Stochastic Oscillator Indicator
2.RSI
3.CCI
4.ADX
5.ATR
Momentum Indicators - Trading Indicators Explained
These oscillator momentum indicators are used to identify momentum of a market trend. The momentum indicators will show the market trend force of an upwards trend whether this upward trend is likely to continue or whether the energy is slowing and the trend is likely to reverse. These Momentum Indicators are:
1.Momentum
2.OBV
3.Money Flow Indicator
Traders can use any of these indicators to interpret currency market prices or use two different types of indicators & combine them to come up with a trading strategy that will use two different indicators for example a system that will use price overlay indicators combined with momentum indicators that will be used to confirm signals generated by the system.
Forex Leading Indicators - Forex Volume Indicators - Momentum Indicators - Trend Indicators.
Study More Topics and Tutorials: