Here is a great technical indicators cheat sheet graphic created by Tradeciety.com
What are the 4 types of indicators?
Trend Indicators
These indicators measure the direction of price action through quantifying uptrends and downtrends on a chart. They include moving averages and parabolic SAR.
Momentum Indicators
These indicators measure the magnitude and strength of movement of price action on a chart. They include the Stochastic Oscillator and RSI.
Volatility Indicators
These indicators quantify the size of the trading range on a chart. They include Bollinger Bands and ATR.
Volume Indicators
These indicators quantify the price action in correlation to the volume. They include On Balance Volume and Volume Rate of Change.
What are the main technical indicators?
Stochastic
RSI
ADX
MACD
Moving Averages
Bollinger Bands
ATR
Divergences
Overbought/Oversold
On Balance Volume (OBV)
What are technical indicators strategies?
Technical indicators are tools used to quantify entry and exit signals to create good risk/reward ratios for trades. They are ways to measure risk by setting stop losses and set profit targets. They can be used to build strategies using them as filters inside a price action trading system.
For a more in depth step by step understanding of how to use indicators you can check out my book The Ultimate Guide to Technical Analysis here.
