Intermediate course
Technical Indicators in Depth
Leading and lagging tools, the stochastic, divergence, Ichimoku, pivot points and tick volume. What each one calculates, what it cannot do, and how to combine a few without repeating yourself.
8 lessons · 71 minutes · Free
Free. Enrol to open the lessons; your progress and certificate are saved to your account.
Free certificate
Mark every lesson complete and pass the final quiz with 70% or more to get a certificate of completion. You can download it as a PDF or share it on LinkedIn.
Get your certificateIndicators 101 introduced moving averages, RSI and MACD, and Momentum and indicator strategies turned them into rules. Take both first. This course adds the next layer: the stochastic, divergence, Ichimoku, pivot points and volume, one lesson each.
Every lesson shows how the indicator is calculated with real numbers, lets you change its settings on a chart, and says plainly what it cannot do. The last lesson is about removing indicators, which is usually the more useful skill.
Lessons
- 1Leading and lagging indicatorsWhy oscillators react early and trend tools react late, how to measure the lag of a moving average, and what neither kind can tell you.
- 2The stochastic oscillatorHow %K and %D are calculated from the recent high-low range, what fast and slow mean, and why the stochastic sits above 80 for most of an uptrend.
- 3Divergence with RSI and MACDRegular and hidden divergence between price and an oscillator, why divergence is a warning rather than a signal, and how it fails in a strong trend.
- 4The Ichimoku cloudThe five Ichimoku lines with the standard 9, 26 and 52 settings, how the cloud and lagging line are shifted, and why it is a trend tool that struggles in ranges.
- 5Pivot pointsHow classic floor pivots are calculated from yesterday's high, low and close, how to use them as reference levels, and why the day cut-off changes them.
- 6Volume and tick volume in forexWhy spot forex has no central volume figure, what tick volume counts instead, and how the session clock, news and your broker's feed limit what it can tell you.
- 7Combining indicators without overloadGroup indicators by what they measure, spot the ones that repeat each other, and build a small set of one trend tool, one momentum tool and price levels.
- 8Course check: test yourselfFlashcards for the indicator terms in this course, and ten mixed questions on lag, the stochastic, divergence, Ichimoku, pivots, tick volume and combining tools.