Top 5 Trading Indicators You Should Learn First
Your crash course to reading charts like a pro Whether you're new to trading or just tired of pretending you know what RSI means, you're in the right place. Indicators might sound intimidating at first, but once you understand the basics, you'll start seeing patterns that others miss—and that’s where the edge lies. Here are 5 must-know trading indicators that can transform the way you approach the market. 1. RSI (Relative Strength Index) – The "Are We Overdoing It?" Meter TL;DR: Tells you if an asset is overbought or oversold. RSI ranges from 0 to 100 Above 70? Might be too hot . Below 30? Maybe it's on sale . Ideal for spotting trend reversals or confirming momentum. Pro tip: Pair RSI with trendlines for powerful divergence setups. Think of it like detecting a lie on the price chart. 2. MACD – The Trend Whisperer MACD = Moving Average Convergence Divergence Yeah, it's a mouthful—but it's your new best friend in trending ma...