Indicators

Quantitative transformations of price and volume data — the working tools of technical analysis.

Difficulty beginner

Reading order

1. Moving Averages — SMA, EMA, WMA — the baseline smoother
2. RSI — relative strength, overbought/oversold
3. MACD — momentum and crossovers
4. Bollinger Bands — volatility envelopes
5. ATR — average true range, the workhorse for stop placement
6. Stochastic Oscillator — close vs. range
7. Ichimoku Cloud — multi-component trend/momentum system
8. Fibonacci Retracement — proportional retracement levels
9. Custom Indicators — building your own

What you should walk away with

• A small, non-redundant set of indicators you actually trust.
• An understanding of which indicators measure the same thing.
• A workflow for building and validating a custom indicator.