Technical Indicators Used To Analyze Charts - Technical Indicators Day Trading Forex

There are various forex chart indicators that are used to analyze forex chart prices - Technical Indicators Explained. These indicators are:

Price Overlay Indicators - Technical Indicators Explained

These are technical indicators that are placed on the forex chart directly within the chart. These price overlay technical indicators are drawn over the price thus their name - price overlay indicators. These price overlay technical indicators are:

1.Moving Averages

2.Bollinger Bands

3.Parabolic SAR

4.Pivot Points

5.Ichimoku Kinko Hyo

Oscillators - Technical Indicators Explained

These are technical indicators that are drawn on a separate window instead of being drawn directly on the forex charts.

These oscillators technical indicators oscillate between two points and they have a centerline mark that is used to mark the point where a forex trend changes. When forex prices move above this center mark of the oscillator indicator the forex market is bullish and when prices move below this center line mark the forex prices are bearish. These Oscillator Indicators are:

1.Stochastic Oscillator

2.RSI

3.CCI

4.ADX

5.ATR

Momentum Indicators - Technical Indicators Explained

These oscillator forex trading momentum indicators are used to determine the momentum of a forex market trend. The momentum technical indicators will show the forex trend momentum of an upward forex trend whether this upward trend is likely to continue or whether the momentum is slowing and the forex trend is likely to reverse. These Forex Trading Momentum Indicators are:

1.Momentum

2.OBV

3.Money Flow Indicator

Traders can use any of these technical indicators to interpret currency market prices or use two different types of indicators and combine them to come up with a trading strategy that will use two different technical indicators for example a trading system that will use price overlay indicators combined with momentum technical indicators that will be used to confirm forex signals generated by the trading system.

Forex Trading Leading Indicators - Forex Volume Indicators - Forex Momentum Indicators - Forex Trend Indicators.