Technical indicator

In technical analysis, a technical indicator is a mathematical calculation based on historic price, volume, or (in the case of futures contracts) open interest information that aims to forecast financial market direction.^[1] Technical indicators are fundamental part of technical analysis and are typically plotted as a chart pattern to try to predict the market trend.^[2] Indicators generally overlay on price chart data to indicate where the price is going, or whether the price is in an "overbought" condition or an "oversold" condition.

Many technical indicators have been developed and new variants continue to be developed by traders with the aim of getting better results. New Indicators are often backtested on historic price and volume data to see how effective they would have been to predict future events.

References

↑ Murphy, John J. (1999). Technical analysis of the financial markets : a comprehensive guide to trading methods and applications (2nd ed.). New York [u.a.]: New York Inst. of Finance. ISBN 0735200661.
↑ "Technical Indicators". MLQ4 Community. Retrieved September 29, 2014.

Technical analysis

Concepts

Charts

Patterns

Chart

Candlestick

Simple	Doji Hammer Hanging man Inverted hammer Marubozu Shooting star Spinning top

Complex	Hikkake pattern Morning star Three Black Crows Three white soldiers

Indicators

Support & resistance	Bottom Fibonacci retracement Pivot point (PP) Top

Trend	Average directional index (A.D.X.) Commodity channel index (CCI) Detrended price oscillator (DPO) Know sure thing oscillator (KST) Ichimoku Kinkō Hyō Moving average convergence/divergence (MACD) Mass index Moving average (MA) Parabolic SAR (SAR) Smart money index (SMI) Trend line Trix Vortex Indicator (VI)

Momentum	Money flow index (MFI) Relative strength index (RSI) Stochastic oscillator True strength index (TSI) Ultimate oscillator Williams %R (%R)

Volume	Accumulation/distribution line Ease of movement (EMV) Force index (FI) Negative volume index (NVI) On-balance volume (OBV) Put/call ratio (PCR) Volume–price trend (VPT)

Volatility	Average true range (ATR) Bollinger Bands (BB) Donchian channel Keltner channel CBOE Market Volatility Index (VIX) Standard deviation (σ)

Breadth	Advance–decline line (ADL) Arms index (TRIN) McClellan oscillator

Other	Coppock curve Ulcer index

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