Oil Indicators That Traders Should Learn

There are different methods used to trade the crude oil market, the most popular method being technical analysis & use of oil technical indicators to analyze crude oil price movement. When it comes to crude oil analysis - oil indicators are used to come up with various trading methods.

The most popular oil indicators in the crude oil market are:

1.Moving Average Indicator

2.MACD Indicator

3.RSI Indicator

4.Stochastic Oscillator Indicator

5.Bollinger Bands Indicator

Moving Average Technical Indicator

Moving average oil indicator is used to determine oil market trend direction. This Moving Average technical indicator calculates the moving average of oil prices over a specified period of time. This moving average indicator is a oil trend following oil indicator that shows the direction of the market. Once a trader determines the direction of the market they can then know whether to open buy or sell crude oil trades.

Moving averages are placed on the crude oil charts & can be used to generate crude oil signals using the following methods.

Moving Average Crude Oil Indicator - Technical Indicators

• Oil Trading Price Period of Moving Average
• SMA, EMA, LWMA and SMMA
• Moving Average Oil Trading Trend Identification - Oil Technical Indicators
• Moving Average Oil Trading Indicator Whipsaws in Range Oil Trading Market
• Moving Average Crossover Oil Trading Method
• Moving Average Support and Resistance Levels in Oil Trading
• How to Select a Moving Average To Trade Oil Trading with
• Short Term and Long Term Oil Trading Moving Average Oil Indicator Setups
• 20 Oil Trading Pips Oil Trading Price Range Moving Average Technical Indicator Strategy

RSI

RSI technical indicator is used to determine the momentum of a oil trend. The RSI indicator shows oil prices are closing higher than where they open when the RSI indicator is above 50 center mark and this means crude oil traders should open buy crude oil trades. When RSI indicator is below 50 center mark it means oil prices are closing lower than where they open and crude oil traders should only open sell crude oil trades.

The RSI technical indicator can also be used to determine overbought and oversold levels. Overbought levels is when the RSI indicator is above 80 mark and oversold levels is when the RSI indicator is below the 20 mark.

RSI can be used to generate oil signals based on the following techniques:

RSI Crude Oil Indicator - Oil Trading Indicators Described

• RSI Oil Indicator Overbought and Oversold Levels
• RSI Oil Indicator Divergence Oil Trading Setups
• RSI Classic Bullish & RSI Oil Classic Bearish Divergence Strategy
• RSI Hidden Bullish and RSI Oil Hidden Bearish Divergence Strategy
• RSI Oil Trading Indicator Swing Failure Strategy
• RSI Indicator Crude Oil Trading Chart Patterns RSI Oil Trading Indicator Oil Trend Lines in Oil Trading
• RSI Crude Oil Technical Indicator Technical Analysis Summary

Bollinger Bands Indicator

Bollinger Bands indicator is used to determine the crude oil market trend direction as well as the upper crude oil price band lower crude oil price band that calculate the band within which crude oil trading price should move within. These upper band lower band can be used to open crude oil trades and also to calculate where to close open crude oil trades.

Bollinger Bands indicator can be used to generate oil signals based on the following techniques:

Bollinger Bands Crude Oil Trading Indicator Discussed

• How Bollinger Bands Oil Indicator Works
• Bollinger Bands Oil Market Volatility Analysis
• Bollinger Bands Bulge and Bollinger Bands Squeeze Oil Trading Technical Analysis
• Trading Bollinger Bands Oil Trading Price Action in Oil Trading Trends
• Bands Oil Trading Price Action in Range Oil Trading Market
• Bollinger Bands Oil Trading Trend Reversals Technical Indicator Analysis
• Bollinger Bands Oil Technical Indicator Summary

MACD Indicator

MACD indicator is used to determine the momentum of oil market trends, MACD indicator levels above 50 center mark means that crude oil price is bullish while MACD indicator below 50 center mark means that crude oil price is bearish.

MACD indicator can be used to generate oil signals based on the following techniques:

MACD Crude Oil Indicator - Understanding Crude Oil Indicator MACD

• MACD Fast Line and Signal Line Oil Trading Technical Analysis
• MACD Buy Oil Signal & MACD Sell Signal Crude Oil Trading Indicator Technical Analysis
• MACD Oil Trading Indicator Whipsaws and Fake Out Trading Signals
• Generating MACD Center Line Crossover Trading Signals
• MACD Oil Classic Bullish Divergence & MACD Oil Classic Bearish Divergence Oil Trading Setups
• MACD Oil Hidden Bullish Divergence and MACD Hidden Bearish Divergence Oil Trading Strategies
• MACD Oil Technical Indicator Summary

Stochastic Oscillator Technical Indicator

Stochastic Oscillator indicator is commonly used to determine overbought and oversold levels. These overbought and oversold indicators levels are used by crude oil traders to determine where to open crude oil trades & also when to close crude oil trades.

Stochastic Oscillator indicator can be used to generate oil signals based on the following techniques:

·Stochastic Oscillator - Oil Trading Indicators Described

• 3 Types of Oil Stochastic Oscillators Indicators
• How Stochastic Oscillator Works in Oil Trading
• Oscillator Over-bought & Oversold Levels in Oil Trading
• Technical Analysis of Stochastic Oscillator Indicator
• Stochastic Indicator Oil Trading Crossover Trading Signals
• Stochastic Oscillator Divergence Trading Signals
• Stochastic Technical Indicator Trading System

The above oil technical indicators are the most commonly used technical indicators in the crude oil market that crude oil traders should learn. Knowledge of these oil chart indicators will help crude oil traders to come up with effective oil methods & oil trading strategies for trading oil.

Traders can also combine these indicators so as to come up with the Best Combination of Indicators for Oil Trading and best oil indicators for creating a crude oil trading system. For example Stochastic Oil System - Best Combination of Technical Indicators for Oil Trading System Example shows oil traders an example of how to come up with a trading system. The oil trader will then come up with written trading rules of how to generate buy and sell crude oil signals using this oil indicator based trading system. A trader will also have rules that will determine when they should close trades, where they will be setting take profit levels & where they will set stop loss levels.