Indicators Used To Interpret Charts
The different chart indicators which are used to interpret chart prices - Indicators Tutorial PDF. These indicators are:
Price Overlay Indicators
These are technical indicators that are added on the trading chart directly within the chart. These price over-lay indicators are drawn over the price thus their name - price over-lay trading indicators. These price overlay indicators are:
1.Moving Averages
2.Bollinger Band
3.Parabolic SAR
4.Pivots Points
5.Ichimoku
Oscillators
These are trading indicators which are drawn on a separate panel instead of being drawn directly on the charts.
These oscillators technical indicators oscillate between 2 points & they have a center-line mark that is used to mark the level where a market 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 Technical
2.RSI
3.CCI
4.ADX
5.ATR
Momentum Indicators
These oscillator trading momentum indicators are used to determine momentum of a market trend. The momentum indicators will show the market trend force of an upward 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 technical indicators to interpret 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 which will be used to confirm signals generated by the trading system strategy.
Stock Index Leading Indicators - Indices Volume Indicators - Momentum Indicators - Trend Indicators.
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