Technical Indicators Used To Analyze Charts - Technical Indicators Day Trading Forex
There are various forex chart indicators that are used to analyze forex chart prices - Technical Indicators Explained PDF. These forex indicators are:
Price Overlay Indicators - Technical Indicators Explained
These are forex technical indicators that are placed on the forex chart directly within the chart. These price overlay forex technical indicators are drawn over the price thus their name - price overlay forex indicators. These price overlay forex technical indicators are:
1.Moving Averages
2.Bollinger Bands
3.Parabolic SAR
4.Pivot Points
5.Ichimoku Kinko Hyo
Oscillators - Technical Indicators Explained
These are forex technical indicators that are drawn on a separate window instead of being drawn directly on the forex trading charts.
These oscillators forex technical indicators oscillate between two points and they have a centerline mark that is used to mark the point where a forex trend changes. When forex prices move above this center mark of the oscillator forex indicator the forex market is bullish and when prices move below this center line mark the forex prices are bearish. These Oscillator Forex Indicators are:
1.Stochastic Oscillator
2.RSI
3.CCI
4.ADX
5.ATR
Momentum Indicators - Technical Indicators Explained
These oscillator forex trading momentum indicators are used to determine momentum of a forex market trend. The momentum forex technical indicators will show the forex trend momentum of an upward forex trend whether this upward trend is likely to continue or whether the momentum is slowing and the forex trend is likely to reverse. These Forex Trading Momentum Indicators are:
1.Momentum
2.OBV
3.Money Flow Indicator
Traders can use any of these technical 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 forex indicators for example a forex trading system that will use price overlay forex indicators combined with momentum forex technical indicators that will be used to confirm forex trading signals generated by the forex trading system.
Forex Trading Leading Indicators - Forex Volume Indicators - Forex Momentum Indicators - Forex Trend Indicators.