Book that explains different indicators

hi im looking for a book that explaines some of the indicators macd, bolingerbands..etc. I have read some of the beginner books in forex trading. But when i read abouth strategies i feel that i should know more abouth the different indicators that are used. " if i cant use the tools i cant build a house" so if some one could recomend a book that explaines indicators please write donw the title and authour.

Best regards

//Vhek

John J Murphy - Technical Analysis Of The Financial Markets
It's a great book on the subject.

Merlin had a list of top 10 but the link to it does'nt work anymore. Maybe someone has the list recorded.

Vhek, if you're willing to use the internet, there are plenty of free resources explaining technical indicators.

Here are some links to get you started:

Technical Indicators
http://stockcharts.com/school/doku.p...cal_indicators
http://www.incrediblecharts.com/site_map.htm (see links on right side of screen)
http://www.metaquotes.net/techanalysis/indicators/
http://www.paritech.com.au/education...al/indicators/
http://www.marketscreen.com/help/atoz/default.asp (see links in "Reference" panel on right side of screen)
http://www.investopedia.com/terms/t/...lindicator.asp (type the name of the indicator, e.g. "Bollinger band" into their search field)
http://www.linnsoft.com/tour/technic...ors.htm#TIList (see links at bottom of page)
http://www.stockworm.com/help/manual...ndicators.html
http://www.chartfilter.com/indicators.htm
http://www.babypips.com/school/ (see links 5th & 6th Grade at left)
http://bigtrends.iqchart.com/partner.../technical.asp

Chart Patterns
http://thepatternsite.com/
http://www.chartpatterns.com/
http://bigtrends.iqchart.com/partner...n/patterns.asp
http://www.daytradingcoach.com/daytr...sis-course.htm

Candle Patterns
http://www.litwick.com/glossary.html
http://www.candlestickshop.com/glossary/index.html
http://www.candlesticker.com/Default.asp
http://www.chartfilter.com/candlesti...ndlesticks.htm

No doubt it's possible to Google plenty more.

David

Hi David ,
In my site i offer many ebooks.
All free ,check it after


Best Regards,
Marcelo Marques

Vhek knowing everything about indicators is a must for everyone who wants to become a trader, so you are doing well to learn about them. But don't do the error almost everyone of us made in the beginning. It's not "if I cant use the tools I cant build a house" but "if I don't know how a house is built I cant know which tools I need".
What I mean is you could learn whatever you want about a paper cutter or even a pneumatic hammer but, you see, they are not useful to build a house.
Another example: suppose your car suddenly stops and leaves you stuck on the street! What would you do first? Would you first look what tools you have, or would you first open the hood, find the problem, think how to repair it and only later go to look for which tool could help you?
Anyway, remember that in the end there is only one indicator that really works precisely and perfectly all the time without any lag, but unfortunately it is not free. It is the P&L of your open positions. The whole secret of making money with trading is to pay this indicator the right amount to make your business profitable.