Trading indicators are the most important element of technical analysis and an integral part of any successful trading system. Each indicator is based on a mathematical function built on trading indicator value statistics. Using several trading indicators at the same time, traders can make more accurate price predictions, improving their trading strategies significantly. Some trading platforms, such as MetaTrader, offer traders tools to create their own trading robots and personalized indicators, further enhancing their trading strategies and chances of success.
List of main indicators:
Acceleration Deceleration Oscillator: indicator of force of the players' pressure on market
In the financial market price movement provides two types of exchange players: «bulls» are trying to raise the price, «bears» are trying to maximally reduce it. Mathematics and parameters
The basic principle of market: those who want to buy cheaper, are constantly fighting with those who intend to sell more expensive.
The theory of golden ratio allows to execute the high-precision forecast of dynamics of market prices.
Critics have long ceased the attacks on Bill Williams, because his unique technique allows you to make more than 80% of the trend movement profitable.
Most of us in this or that look is used in the trade by moving averages. But the main problem of all indicators constructed on mathematics of averages - delay.
Forex Moving Averages − proven and effective tools of technical analysis − provide a stable profit for several generations of traders. Their main task is to filter out random fluctuations and highlight a strong long-term trend.
Back in 1963, in his book «New Key to Stock Market Profits» Joe Granville proposed to use the market concept of «cumulative volume» to measure cash flows.
The Momentum indicator is the exchange trend tool for assessment of force of the market and the analysis of price dynamics on time.
The Money flow index indicator connects a concept of the price with the volume of money which forms it.
Indicator Moving Average Convergence Divergence (MACD) uses the mechanism of price impulse estimation, is considered a hybrid tool and combines all useful properties of the oscillator and trend indicator.
The trend indicator Parabolic SAR (Stop and Reverse) was developed by J. Welles Wilder especially for the elimination of the effect of delay which is characteristic of trade systems by moving averages.
The financial market has periods of rest/activity and trader must always see points and areas of price equilibrium.
Stochastic Oscillator Forex shows the provision of current price concerning range for some period.
Trade in the direction of interest of large players − a dream of any trader.
VSA (volume spread analysis forex) technique purpose − in time to see the moments and the direction of an input in the market of professional players − those who have the most up-to-date information and potential.
Forex ZigZag indicator is intended for the analysis of price movements with a given amplitude and represents the trend sections, the main turning points and other moments of trend changes.