Indicators are statistics used to measure current conditions as well as to forecast financial or economic trends.
In the world of investing, indicators typically refer to technical chart patterns deriving from the price, volume, or open interest of a given security. Common technical indicators include moving averages, moving average convergence divergence (MACD), relative strength index (RSI), and on-balance-volume (OBV).
In economics, indicators usually refer to pieces of economic data used to measure the overall health of the economy and predict its direction. They include the Consumer Price Index (CPI), Gross Domestic Product (GDP), and unemployment figures.
Moving Average :
Moving averages (MA) are one of the most popular and often-used technical indicators in the financial markets. In simple word, a moving average is an indicator that shows the average value of a stock’s price over a period (i.e. 10 days, 50 days, 200 days, etc) and is usually plotted along with the closing price.
Relative Strength Index (RSI):
The relative strength index (RSI) is a momentum indicator used in technical analysis that measures the magnitude of recent price changes to evaluate overbought or oversold conditions in the price of a stock or other asset.
Bollinger Bands are a trading tool used to determine entry and exit points for a trade. The bands are often used to determine overbought and oversold conditions. Using only the bands to trade is a risky strategy since the indicator focuses on price and volatility, while ignoring a lot of other relevant information.
A ‘Super trend’ indicator is one, which can give you precise buy or sell signal in a trending market. As the name suggests, ‘Super trend’ is a trend-following indicator just like moving averages and MACD (moving average convergence divergence). It is plotted on prices and their placement indicates the current trend.
CPR Pivot Indicator:
The Central Pivot Range (CPR) is an indicator to identify key price points to set up trades. CPR is beneficial for intraday trading