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 …
In the trading world there is an ongoing debate in many circles on whether trading price action alone is best or if technical trading indicators can add value to trading decisions. Many believe that trading based on price alone is the best way to trade as you are don’t over complicate your decisions with the …
The MACD is an abbreviation for the moving average convergence/divergence technical trading indicator and is used in technical analysis to filter the trends, swings, and momentum of price action. It is designed to reveal changes in price strength, direction, momentum, and duration for the moves of trends and swings. The MACD is a simple visual momentum indicator. The …
