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