Generally, there are three types of indicators are commonly used in technical analysis, namely:
1. Momentum Indicator Price (Oscillator)
the type indicator is used to identify oversold or overbought. The momentum indicators are also used to see if a trend will continue or fizzle
Example indicators :.
- Stochastic Oscillator
- Relative Strength Index)
- Index CommodityChannel (CCI)
2.. Tracking trends in indicators
This indicator is used to identify the start and end of a trend or when a trend will change so it can know when the best time to open and close positions
examples of indicators .:
- moving average
- moving average convergence - Divergence (MACD)
- movements Directional Index (DMI)
- parabolic SAR
3. volatility indicator
This indicator is used to see market forces as seen price fluctuations within a certain period of time . The market is said to have volatility is high if the movement takes place and down sharply or very volatile where there is a large difference between the lowest price and highest
Example indicators: -. Bollinger Bands
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