Here is a short list of technical indicators with their symbols, colors, and uses:
1. Moving Averages (MA, EMA, SMA)
Symbol: MA (Moving Average), EMA (Exponential Moving Average), SMA (Simple Moving Average).
the color:
EMA(9): Red
EMA (21): Blue
SMA (50): Green
SMA (200): Orange
Usage: To identify market trend, filter out noise, and find crossovers between averages.
2. Relative Strength Index (RSI)
Symbol: RSI
Color: Purple or Blue.
Usage: Identify overbought and oversold areas (top 70 = overbought, bottom 30 = oversold).
3. MACD (Moving Average Convergence Divergence)
Symbol: MACD
the color:
MACD: Blue
Signal line: Orange
Histogram bars: green (bullish) and red (bearish)
Usage: To determine market momentum and trend, and detect MACD crossovers with the signal line.
4. Stochastic Oscillator
Code: STOCH
the color:
%K: Blue
%D: Red
Usage: To identify overbought and oversold levels, with crossover signals.
5. Bollinger Bands
Code: BB
the color:
Middle line: Orange
Top and bottom: light blue
Use: To identify market volatility and potential support and resistance levels.
6. Money Flow Index (MFI)
Code: MFI
Color: Green or Blue.
Uses: Measure the size of cash flows, and spot strong trends using volume and price.
7. Momentum indicator
Code: MOM
Color: Green or Blue.
Usage: Measure the speed of price movement to determine the strength of momentum.
8. Standard Deviation
Code: STDDEV
Color: Grey or light green.
Use: Measure market volatility, especially in stock markets.
9. Fibonacci Retracement
Code: FIB
Color: Multicolor (different for each Fibonacci level).
Usage: Identify potential support and resistance levels based on Fibonacci ratios.
10. Pivot Points
Code: PP
the color:
Resistance and support: red and green lines.
Focal point: blue or gray.
Usage: Identify key support and resistance levels in the market.
Each indicator has a specific role in technical analysis, and these indicators can be combined to obtain an accurate market analysis.
