Indicators Used To Interpret Charts
The various chart indicators utilized for interpreting chart prices are detailed in the Indicators Tutorial PDF. These indicators include:
Price Overlay Indicators
These technical indicators are integrated directly onto the trading chart. These price overlay indicators are superimposed over the price, hence their designation as price overlay trading indicators. The following are examples of these price overlay indicators:
1.Moving Averages
2.Bollinger Band
3.Parabolic SAR
4.Pivots Points
5.Ichimoku
Oscillators
These are tools for trading which are shown on their own separate windows and not directly on the price charts.
These technical indicators called oscillators move between two points and have a line in the middle that shows where a market trend changes. When prices go above this middle line of the oscillator technical indicator, the market is going up, and when prices go below this middle line, the market prices are going down. Here are some of these Oscillator Indicators:
1.Stochastic Technical
2.RSI
3.CCI
4.ADX
5.ATR
Momentum Indicators
Oscillator-based momentum indicators help gauge the strength of a market trend. They reveal the power behind a price uptrend, showing if it will keep going or lose steam and turn around. Here are these momentum indicators:
1.Momentum
2.OBV
3.Money Flow Indicator
Traders pick any technical tool to read prices. Or mix two kinds for a plan. For instance, pair price overlays with momentum tools. Use momentum to back up signals from the price tools in your system.
Stock Index Leading Indicators - Including Volume Indicators, Momentum Indicators, and Trend Indicators.
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