Moving Averages
Moving averages smooth out price data to identify trends over specific periods. They are essential for determining the direction of the market and potential support and resistance levels.
Relative Strength Index (RSI)
The RSI measures the speed and change of price movements, helping traders identify overbought or oversold conditions in the market.
MACD (Moving Average Convergence Divergence)
MACD is used to spot changes in the strength, direction, momentum, and duration of a trend in a stock's price.
Bollinger Bands
Bollinger Bands consist of a middle band being a moving average and two outer bands set at a distance based on standard deviations. They help in identifying volatility and potential price breakouts.
Ichimoku Cloud
The Ichimoku Cloud provides a comprehensive view of support and resistance, trend direction, and momentum, making it a versatile tool for forex traders.
Fibonacci Retracement
Fibonacci retracement levels are used to identify potential reversal levels based on the Fibonacci sequence, aiding in the prediction of market movements.
Stochastic Oscillator
The Stochastic Oscillator compares a particular closing price of a security to a range of its prices over a certain period, helping to identify potential turning points in the market.
Volume Weighted Average Price (VWAP)
VWAP provides the average price a security has traded at throughout the day, based on both volume and price, and is used to assess the current price relative to this average.