MACD
In the late seventies, Gerald Appel developed the Moving Average Convergence and Divergence (MACD) indicator. Traders co...
Interpretation of RSI on the chart
The same RSI can be read differently by two traders as it is subjective to individual interpretation and expertise.The f...
What is RSI?
Relative Strength Index ( RSI), is an indicator developed by J.Welles Wilder. RSI is a leading momentum indicator that h...
Grouping of Indicators
Indicators can be easily grouped to indicate both types.Any one indicator from each group is sufficient to build the ove...
Classification of indicators by type of information provided
The second type of classification is based on the purpose/information provided.The following are the types:TrendMea...
Classification of indicators by time in relation with price
The first method of classification is Leading and lagging indicators.Leading IndicatorsLeading indicators att...
Volatility
Volatility is a statistical measure of the dispersion of returns for a given security or market index. In most case...
Standard Deviation
Standard deviation is the measure of the dispersion of a set of data from its mean. It measures the absolute variab...
Normal Distribution – Incomplete
The Normal (or Gaussian) distribution is the most common continuous probability distribution. T...
Difference between Indicators and oscillators
Indicators are plot on its own chart and may rise o fall within a value price about a central line or without any centra...