Introduction to Technical Indicators and Oscillators

From newtraderu.com

Technical analysis indicators derive their readings by applying a formula to a series of price data on a chart. The historical price data used can include samples of the opening price as well as the high and low or closing price over a specified time period. Different technical indicators will use different types of price time frames and others include volume in their calculations. Different types of technical indicators need different price data for their own formula and the time frame used. A technical indicator can give a trader a different perspective to see the price action from. Moving averages can filter price ... (full story)