Technical Indicators

Oscillators – You see them here, there, and literally everywhere in the trading space. Whether you like it or not, you just can’t escape them. 

The Stock Market in a truer sense is all about charts, diagrams, and graphs. Indicators and oscillators are tools that assist an investor in carrying out the technical analysis of a business. 

The entities, or if we’re being more precise investors that occupy this space eat, breathe, and live by an Indicators and Oscillators lifestyle. 

Since. their understanding is crucial to the cause of an investor in their trading journey. Rather than running from them, an investor should ideally attempt to befriend them. 

These are somewhat advanced topics and not easily available. So, anyone who’s looking for Indicators and Oscillators courses on the internet will certainly have a hard time. 

Well, not exactly. As Stock Pathshala, a new age e-learning platform that attempts to simplify the world of the stock market has come to the rescue of such traders, and investors. 

Learners can access their stock market course – Introduction to Indicators and Oscillators, for free and learn about these important tools. 

Contents of the Course – Technical Indicators

The motive of the course is pretty much evident from the title. This course seeks to acquaint the learners with the tools – Indicators And Oscillators that facilitate an investor in carrying out technical analysis.

The course has been split into 9 lessons. Each chapter is aimed at providing the learner with information about the various topics that relate to forming a basic understanding of Indicators and Oscillators. 

Chapter 1 – Indicators and Oscillators Basics

We learn about these favourites terms of technical analysts. Here we cover the various types of Indicators and Oscillators. 

When talking about one of the classifications of Indicators – Leading and Lagging Indicators. 

Also, we learn some of the most commonly used indicators in Technical Analysis – Relative Strength Index Indicator, Stochastic Oscillator, Moving Average Convergence Divergence.

Chapter 2 – Moving Average

We learn the term Moving Average and its purpose. We learn about how they have a significant say in a trader’s decision regarding a specific stock. 

Some of the types of moving averages covered in this chapter are – Simple Moving Average, Linear, and exponential Moving Averages.

Although, all the concepts covered in this chapter are technical, however, we’ve tried our best in simplifying as much as possible.

Chapter 3 – MACD

Here a learner will get to understand the concept of MACD. In addition, the learner will learn how to calculate MACD.

The topic MACD mandates learning about another associated term – EMA, also known as Exponential Weighted Moving Average.

The question went begging – What is the need for learning MACD? Just what exactly do we learn from MACD? We answer the queries along with discussing the drawbacks of MACD. 

Chapter 4 – MACD Histogram

In this chapter, we learn about the MACD Histogram. We discuss the purposes of the indicator. The purpose of this chapter is to understand the problem that necessitated the devising of the indicator. 

Also, we learn how the indicator MACD has a direct impact on the reward to risk ratio. Learning about the various types of price derivatives in the MACD Histogram becomes another important aspect of this chapter.

Also Read: Learn Derivatives

Chapter 5 – ADX Average Directional Index

Here the learner will get to learn about the indicator that depicts a trend’s strength – Average Directional Index which is employed by technical analysts.

Also, the learner will get to learn how to calculate ADX and how to interpret the indicator. Interpretation of ADX will assist the trader in making the right move in the trading market.

In the end, we learn about the various drawbacks of ADX. 

Chapter 6 – MFI

This chapter is dedicated to discussing the technical indicator, the Money Flow Index. We learn how to calculate the Money Flow Index.

While doing so, the learner should keep some factors in mind. We shed light on the same by listing the steps a trader should follow while calculating the Money Flow Index.

Later in the chapter comes the part when we talk of making sense of the indicator. The learner will learn how to interpret the MFI.  

Chapter 7 – RSI

Here we learn about the momentum indicator, Relative Strength Index. This chapter will surely help an investor develop an understanding of RSI.

Learners get the chance to learn how to calculate RSI. Further, this chapter will teach a learner how to plot RSI. 

Later in the course, we discuss the importance of RSI and the trends followed by investors. 

Chapter 8 – Bollinger Bands

The chapter talks about the scientific analysis chart by the name of Bollinger Bands. The charts help study the deviations in the market. 

Additionally, we discuss the method of plotting Bollinger Bands. We teach the steps that are involved in the plotting process. 

Most importantly, we learn the famous Bollinger Band Formula and how to interpret the same.

Chapter 9 – Stochastics 

We take a look at one of the earliest indicators available to technical analysts to make predictions about the movements and fluctuations of the stock market trends. 

We start off with learning about how Stochastics work, and the various action plan for every movement of a certain stock. The part is illustrated through the means of an example. 

In addition to teaching the learner the Stochastics formula, we help them in learning how to interpret the Stochastics chart.

Conclusion

To say that Technical Analysis is a major part of trading would essentially be short of the mark. In turn, Oscillators and Indicators are the tools that assist in conducting a technical analysis of the Stock Market. 

In other words, it wouldn’t be wrong to conclude that without an understanding of Oscillators and Indicators a trader wouldn’t be able to make the most out of their investments. 

However, Stock Pathshala, an e-learning platform provides the traders and investors the chance to learn about the stock market through their courses.

Stock Pathshala is a dual-language platform. Currently, the courses on the platform are available in Hindi and English language. There are plans to soon introduce courses in Tamil, Gujarati and Telugu languages.  

The courses on the platform are available in 3 formats – textual, video, and audio. Users can access free textual courses for free. 

However, access to video courses is only extended to Pro members. Users can become a pro member of Stock Pathshala by subscribing to any of their 3 membership plans. 

As of now, there are 3 Stock Pathshala pro membership plans. 

The Beginner plan allows users access to the platform for a month.

Star pro plan has the validity of a period of 3 months and the Legend plan comes with a validity of 1 year.

So, if you are super serious about your short term trading profits, then it makes total sense to go ahead and check out this pro course at Stock Pathshala!