Indicators
22 lessons in this track so far, in the order we suggest reading them.
Moving Averages
BeginnerMoving Averages ExplainedMoving averages smooth price to show the trend. Learn SMA vs EMA, popular settings like the 20, 50 and 200 day, crossovers, dynamic support and common mistakes.BeginnerSimple Moving Average (SMA)The simple moving average is the plain average of recent closes. Learn the SMA formula, how lag works, popular SMA settings and practical trading uses.BeginnerExponential Moving Average (EMA)The EMA weights recent prices more heavily, so it reacts faster than an SMA. Learn the EMA formula, the smoothing factor, popular settings and how traders use it.BeginnerWeighted Moving Average (WMA)The weighted moving average gives linearly more weight to recent prices. Learn the WMA formula, how it compares with SMA and EMA and the Hull moving average.BeginnerVolume-Weighted Moving Average (VWMA)The VWMA weights each price by its volume, so heavily traded periods count more. Learn the formula, how it differs from SMA and VWAP and how to read the gap.
Momentum Oscillators
BeginnerRSI (Relative Strength Index)The RSI measures the speed and size of recent price moves on a 0 to 100 scale. Learn the formula, overbought and oversold levels, divergence and how to trade it.BeginnerMACDMACD tracks the gap between two EMAs to show trend and momentum. Learn the MACD line, signal line and histogram, crossovers, divergence and common pitfalls.BeginnerStochastic OscillatorThe stochastic oscillator shows where the close sits within the recent high low range. Learn %K and %D, overbought and oversold levels, crossovers and divergence.BeginnerCCI (Commodity Channel Index)The CCI measures how far price is from its average relative to normal deviation. Learn the formula, the plus and minus 100 levels, trend and reversal strategies.BeginnerWilliams %RWilliams %R shows where the close sits within the recent range on a 0 to minus 100 scale. Learn the formula, overbought and oversold levels and trading uses.BeginnerRate of Change and MomentumROC and the momentum indicator measure how much price has changed over a set period. Learn the formulas, zero line signals, divergence and momentum strategies.
Trend Indicators
IntermediateADX (Average Directional Index)The ADX measures trend strength, not direction, while +DI and minus DI show which side leads. Learn how to read ADX levels, crossovers and use it as a filter.IntermediateParabolic SARParabolic SAR places dots that trail price and flip sides when the trend reverses. Learn how it works, the acceleration factor, trailing stop use and its limits.IntermediateSupertrendSupertrend is an ATR based trailing line that flips between support and resistance as the trend changes. Learn how it is calculated, settings and how to trade it.IntermediateIchimoku CloudThe Ichimoku Cloud shows trend, momentum and support in one view. Learn the five lines, the cloud, the standard signals and how traders use Ichimoku today.
Volatility Indicators
IntermediateATR (Average True Range)The Average True Range measures how much an asset typically moves per period. Learn the true range formula, how to use ATR for stops, position sizing and filters.IntermediateBollinger BandsBollinger Bands place bands two standard deviations around a moving average. Learn the formula, the squeeze, walking the bands, %B and common trading strategies.IntermediateKeltner ChannelsKeltner Channels set bands a multiple of ATR around an EMA. Learn the formula, how they differ from Bollinger Bands, the squeeze and trend trading strategies.IntermediateDonchian ChannelsDonchian Channels plot the highest high and lowest low over a period. Learn how they define breakouts, the famous Turtle Trading rules and how to use them today.
Levels and Fibonacci
IntermediatePivot PointsPivot points use the prior period's high, low and close to calculate support and resistance levels. Learn the classic formula, other types and trading strategies.IntermediateFibonacci RetracementsFibonacci retracements mark likely pullback levels at 38.2%, 50% and 61.8% of a move. Learn how to draw them correctly, use confluence and avoid common errors.IntermediateFibonacci Extensions and ProjectionsFibonacci extensions project targets beyond a prior swing at levels like 127.2%, 161.8% and 261.8%. Learn how to draw extensions and projections and set targets.