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Indicators
There is a saying amongst technical analysts that if you can get
two independently calculated indicators confirming the direction and
strength of a trend, then you should probably trade in the direction
of that trend. It is therefore important to understand how
indicators are constructed and equally as important, how to
interpret and apply these indicators.
Whilst there are many ways to categorise indicators, for our
purposes we will use the following groupings:
Trend Indicators
Please note that wherever possible, we will include the
mathematical formula for each indicator (some times copyright
restrictions preclude this) and that some indicators fall into more
than one category.
For further reference, please visit
Technical Analysis from
A-Z by Steven Achelis.
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