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Indicators:
EMA 3 (blue)
EMA 20 (yellow)
EMA 50 (orange)
EMA 100 (red)
EMA 200 (purple)
Bollinger Band Period 20 Deviation 2 (green)
Bollinger Band Period 20 Deviation 1 (white)
In other words, technical analysis attempts to understand the market that will enable you to be a better trader or investor over the long-term. Technical analysis employs models and trading rules based on price and volume transformations, such as the relative strength index, moving averages, regressions, inter-market and intra-market price correlations, business cycles, stock market cycles or, classically, through recognition of chart patterns.
Useful Intraday Trading Indicators
Moving Averages: Traders often hear about daily moving averages (DMA), which is the most common and widely used indicator. ...
Bollinger Bands: This intraday trading indicator is one step ahead of the moving average.
Momentum Oscillators:
Relative Strength Index (RSI):
Technical Analysis is the forecasting of future financial price movements based on an examination of past price movements. Instead, technical analysis can help investors anticipate what is “likely” to happen to prices over time. Technical analysis uses a wide variety of charts that show price over time.
There are many technical indicators for doing technical analysis, but few indicators are widely used by the traders in the share market.
Moving average convergence and Divergence,
Bollinger Bands,
Moving Averages (Simple and Exponential)
Relative Strength Index ,
Fibonacci Retracements.
Stochastic Oscillators.
The relative strength index (RSI) is another well known momentum indicators that's widely used in technical analysis. The indicator is commonly used to identify overbought and oversold conditions in a security with a range between 0 (oversold) and 100 (overbought). Developed by J. Welles Wilder, the Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. Traditionally, and according to Wilder, RSI is considered overbought when above 70 and oversold when below 30.
Moving average convergence divergence (MACD) is a trend-following momentum indicator that shows the relationship between two moving averages of prices. A nine-day EMA of the MACD, called the "signal line", is then plotted on top of the MACD, functioning as a trigger for buy and sell signals.
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