Introduction to Indicators (For Beginners) [Trading Basics Series]

A brief introduction to trading indicators (for beginners). This video covers all the basics when it comes to learning about technical indicators.
Hi I'm Luke from Disciplined Trader and in this video - 'Introduction to Indicators (For Beginners)' I cover all the basic information a new trader needs to know about technical indicators. I start by explaining what indicators are used for and how they vary.
I then introduce the most common indicators used by retail traders including:
Moving Averages
Fibonacci Retracements and Extensions
Average True Range (ATR)
Bollinger Bands
Pivot Points
Volume Based Indicators
This tutorial aims to provide new traders with the basic knowledge they need to get to grips with technical indicators . Once you have watched this video you can go explore the indicators you are most interested in using in more detail.
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[@cleberiack6280]

Thank you very much. I beginner, I am enjoying your kindness of you passing on some of your knowledge. Today's lesson, I will have to watch and practice many times. Thank you very much.

[@sub_zero470]

I'm a beginner too and i can say he's the best..

[@Deplorable_Me_UK]

I've said it before and I will say it again Luke. You are the BEST!

[@DisciplinedTraderUK]

Aha thanks Stuart

[@Sahil-yc9ew]

I want to thank you so much for these videos you are making and such comprehensible explanations provided!

[@DisciplinedTraderUK]

Glad it was helpful!

[@eyadelbahtety2111]

This video is a gem! Thank you!

[@ebinumbrightokudaye6078]

I am enjoying your teachings

[@progtom7585]

A sensible forex channel with useful info! Watchlisted and subbed.

[@DisciplinedTraderUK]

Thanks Tom, glad you like the channel 👍

[@torrancepullom2379]

Thank you. Well explained.

[@imrank340]

Before Fibonacci 240 years; an Indian Mathematician Hemchandra, who discovered the adding next number to base and graduating on words. Known Hemchandra's Numbers Or 7 Shakla.

[@terryandfriendss]

subscribed! thank you for these free videos you made it helps me so much

[@DisciplinedTraderUK]

No worries!

[@SolarUP-fo6iq]

Thanks 🙏

[@hart-coded]

thank you I love your channel

[@user-nt2tl7xv8g]

Thank you great and very helpful tips

[@DisciplinedTraderUK]

Glad the video helped!

[@Jenalgo]

If two leading indicators could give conflicting information, then how could either one be relied upon?

[@DisciplinedTraderUK]

Hi Jenalgo, the role of the leading indicator is usually to signal you to enter a particular trade. However, this entry signal will only be valid if other certain criteria are met too. Usually a trader will have a few layers to their analysis and all the layers would need to be in agreement before that entry signal becomes a valid one. Therefore you don't solely rely upon that one indicator, rather the analysis as a whole.
And of course it won't always work out, you'll know that from your testing. However the whole analytical process should tip the balance of probability in your favour if executed with discipline.
As a side point - if you have two potential leading indicators that you are wanting to use as an entry signal say, but you don't know which to use, test them both and include the one that works the best rather than simply using them both.
Hope that answered your question!

[@MemerDad]

@@DisciplinedTraderUK yeah. As far as I have learnt, traders have a few different (or several different) ways (tools, indicators, etc) that they trust and have tested before. They use as many as possible to make sure their analysis is as accurate as possible.

[@MemerDad]

thanks for the video.

[@sdfksyiyiro]

damn this dude really goated

[@ebinumbrightokudaye6078]

U are great

[@roengracecalivoso6419]

Thank you so much

[@DisciplinedTraderUK]

You're very welcome 👍

[@f1guremedia]

Man I know I'm being a pain in the arse but could you possibly make a video explaining what every thing means in terms of indicators. This is all to overwhelming for a beginner like me who has no idea what any of these words mean

[@DisciplinedTraderUK]

What kind of things don't you understand?

[@f1guremedia]

@@DisciplinedTraderUK why do you need an indicator? Can you still trade as efficient if you dont have one? Those are the only questions that leave my brain spinning

[@DisciplinedTraderUK]

An indicator just displays the information about the price movement in a different way. They all use they're own calculations which you can look up online. Yeah you can trade without them. Trading is about putting the probabilities in your favour. If you have a strategy that does that then it doesn't matter what analysis techniques you use

[@psjoshi999]

imp vdo

[@psjoshi999]

in ancient vedic era, fib number used

[@stellarfusion-4217]

Wish I had me a working crystal ball😅🤤

[@DisciplinedTraderUK]

Me too!