Forex indicators

The first of are Forex indicators we are going to look at is the stochastics indicator. This trading tool is very popular, and has a very complicated mathematical formula. It has a fast line and a slow line which makes it very visual. The indicator runs between a 20 and 80 parameter. The 20 is an oversold area and 80 is overbought. This generally is added below your price charts. There are three different types of stochastics, the fast, the slow, and the full model.

Number two

The moving average indicator is a helpful assistant for longer trends in the market. These are the three most popular ones, the moving average, exponential moving average, and the weighted moving average. Parameters that are widely used are the 100 day and the 50 day, but you can experiment with these settings to fit your own needs.

Number three

Volume tools can be used to help gauge volatility in a trend. This can help by looking for above average volume spikes in the market. It can help you look for possible turning points in a trend.

Here is a list of more trading indicators below.

ADX (average directional index)

Average true range

Chaikin money flow

Commodity channel index

Zig-zag

The Ichimoku

RSI (Relative strengh index)

William's%R

Trading bands

Aroon indicator

That's it you have a list of thirteen market indicators, plenty to get you started.

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