INDICATORS FOR TRADING

The most useful information from indicators is here. Traders use it for assessment of the market scenario before trading.

• Direction of the current market trend
• Momentum in the investment market
• Chances of profit
• Volume assessment to know the popularity of the market
• Demand and supply trading theory

The crux lies in finding a right mix of the indicators for profitable decision. Too much of information might spoil the strategy. Use always best combination of indicators for day trading.

Oscillators

Oscillators type of indicators reflects up and down flow. Popular oscillators are Stochastics, CCI or Commodity Channel Index. Others are MACD and RSI.

Volume 

Volume indicators are a mix of price data with volume. They determine how strong the trends in the terms of prices.

Overlays

Overlays indicators are Moving Averages and Bollinger Bands. Parabolic SAR and Fibonacci Extensions are other Overlays. Moving average determines trends. Fibonacci isto plan profit targets. CCI have a good number of uses like trends and trade triggers.

Breath Indicators

The Breath Indicators are stock market related. The major ones are Ticks, Tiki, Trin and also the Advance-Decline line. They relate to the sentiment of the traders. They reflect what the large part of the market is doing.

Bollinger Bands

This comprises three lines. The lines show moving average, lower limit, and the upper limit