Technical Indicators
There are dozens if not hundreds of different technical indicators that have been developed. While candlesticks have earned their own special section, there is still no lack for technical indicators. We have stochastic indicators, moving average indicators, volume indicators, momentum indicators, relative strength indicators, trend indicators - and that is absolutely just scratching the surface. We are going to explain what each of these indicators really is and how they work.
Typically, these indicators are not very useful on their own. A trading system is usually built using a handful of indicators from different classes of indicators to help avoid false signals that a trader could get from a single indicators. Here we are simply discussing the individual indicators. There will be another page in the future which will look at various "trading systems" that are put together using these various indicators, and how well these systems perform.