Indicators
Know what the line is actually measuring
Indicators describe price history. These guides cover the maths in plain terms and, more importantly, the limitations.
VWAP
Volume weighted average price — the session's volume-adjusted fair value line.
RSI
Relative strength index — a momentum oscillator between 0 and 100.
MACD
A moving average convergence/divergence view of trend and momentum shifts.
Moving Averages
Smoothed price lines used for trend direction and dynamic levels.
Bollinger Bands
A volatility envelope drawn around a moving average.
ATR
Average true range — how much an instrument typically moves.
Volume
How much was actually traded — the participation behind a move.
Relative Volume
Today's volume compared with a normal day at the same time.
Level 2
The order book: resting bids and offers behind the best quote.
Time & Sales
The printed record of every execution as it happens.