Indicators Used To Analyze Charts - Indicators Day Trading Forex

The various chart indicators that are used to analyze chart prices - Indicators Explained PDF. These indicators are:

Price Overlay Indicators - Indicators Explained

These are indicators that are placed on the chart directly within the chart. These price overlay indicators are drawn over the price thus their name - price overlay indicators. These price overlay indicators are:

1.Moving Averages

2.Bollinger Band

3.Parabolic SAR

4.Pivot Points

5.Ichimoku Kinko Hyo

Oscillators - Indicators Explained

These are indicators that are drawn on a separate window instead of being drawn directly on the charts.

These oscillators indicators oscillate between two points and they have a centerline mark that is used to mark the point where a 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 prices are bearish. These Oscillator Indicators are:

1.Stochastic Oscillator

2.RSI

3.CCI

4.ADX

5.ATR

Momentum Indicators - Indicators Explained

These oscillator momentum indicators are used to determine momentum of a market trend. The momentum indicators will show the market trend momentum of an upwards trend whether this upward trend is likely to continue or whether the momentum is slowing and the trend is likely to reverse. These Trading 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 Trading Leading Indicators - Forex Volume Indicators - Momentum Indicators - Trend Indicators.