Good question! There are many technical indicators to choose from on TradeOff™ and your choice is largely a personal preference.
Click on the 'indicator' icon to see the list of indicators available.
Below are some Technical Overlays, Indicators, and their definitions:
Bollinger Bands A chart overlay that shows the upper and lower limits of 'normal' price movements based on the Standard Deviation of prices. This tool is helpful in knowing what's high and what's low.
Chandelier Exit An indicator that can be used to set trailing stop-losses for both long and short position
Ichimoku Cloud A comprehensive indicator that defines support and resistance, identifies trend direction, gauges momentum and provides trading signals
Kaufman's Adaptive Moving Average (KAMA) A unique moving average that accounts for volatility and automaticaly adjusts to price behavior
Keltner Channels A chart overlay that shows upper and lower limits for price movements based on the Average True Range of prices.
Moving Averages Chart overlays that show the 'average' value over time. This is helpful in knowing where the price is relative to its most common point. Click on the link to learn more about Moving Averages (SMAs) and Exponential Moving Averages (EMAs).
Moving Average Envelopes A chart overlay consisting of a channel formed from simple moving averages
Parabolic SAR A chart overlay that shows reversal points below prices in an uptrend and above prices in a downtrend
Pivot Points A chart overlay that shows reversal points below prices in an uptrend and above prices in a downtrend
Price Channels A chart overlay that shows a channel made from the highest high and lowest low for a given period of time. This is helpful in knowing where the price is relative to its highest high's and lowest low's.
Volume By Price A chart overlay with a horizontal histogram showing the amount of activity at various price levels. This can help you predict when the price is most likely to change.
Volume-weighted Average Price (VWAP) An intraday indicator based on total dollar value of all trades for the current day divided by the total trading volume for the current day
ZigZag A chart overlay that shows filtered price movements that are greater than a given percentage.
Accumulation/Distribution Line Combines price and volume to show how money may be flowing into or out of a stock
Aroon Uses Aroon Up and Aroon Down to determine whether a stock is trending or not
Aroon Oscillator Measures the difference between Aroon Up and Aroon Down
Average Directional Index (ADX) Shows whether a stock is trending or oscillating
Average True Range (ATR) Measures a stock's volatility
BandWidth Shows the percentage difference between the upper and lower Bollinger Band
%B Indicator Shows the relationship between price and standard deviation bands
Commodity Channel Index (CCI) Shows a stock's variation from its 'typical' price
Coppock Curve An oscillator that uses rate-of-change and a weighted moving average to measure momentum
Correlation Coefficient Shows the degree of correlation between two securities over a given time frame
Chaikin Money Flow (CMF) Combines price and volume to show how money may be flowing into or out of a stock alternative to Accumulation/Distribution Line
Chaikin Oscillator Combines price and volume to show how money may be flowing into or out of a stock; based on Accumulation/Distribution Line
DecisionPoint Price Momentum Oscillator (PMO) An advanced momentum indicator that tracks a stock's rate of change
Detrended Price Oscillator (DPO) A price oscillator that uses a displaced moving average to identify cycles
Ease of Movement (EMV) An indicator that compares volume and price to identify significant moves
Force Index A simple price-and-volume oscillator
Mass Index An indicator that identifies reversals when the price range widens
MACD (Moving Average Convergence/Divergence Oscillator) A momentum oscillator based on the difference between two EMAs
MACD Histogram A momentum oscillator that shows the difference between MACD and its signal line
Money Flow Index (MFI) A volume-weighted version of RSI that shows shifts is buying and selling pressure
Negative Volume Index (NVI) A cumulative volume-based indicator used to identify trend reversals
On Balance Volume (OBV) Combines price and volume in a very simple way to show how money may be flowing into or out of a stock
Percentage Price Oscillator (PPO) A percentage-based version of the MACD indicator
Percentage Volume Oscillator (PVO) The PPO indicator applied to volume instead of price
Price Relative / Relative Strength Technical indicator that compares the performance of two stocks to each other by dividing their price data
Pring's Know Sure Thing (KST) A momentum oscillator from Martin Pring based on the smoothed rate-of-change for four different time frames
Pring's Special K A momentum indicator from Martin Pring that combines short-term, intermediate and long-term velocity
Rate of Change (ROC) and Momentum Shows the speed at which a stock's price is changing
Relative Strength Index (RSI) Shows how strongly a stock is moving in its current direction
RRG Relative Strength Uses RS-Ratio to measure relative performance and RS-Momentum to measure the momentum of relative performance
StockCharts Technical Rank (SCTR) Our relative ranking system based on a stock's technical strength
Slope Measures the rise-over-run for a linear regression
Standard Deviation (Volatility) A statistical measure of a stock's volatility
Stochastic Oscillator (Fast, Slow, and Full) Shows how a stock's price is doing relative to past movements. Fast, Slow and Full Stochastics are explained
StochRSI Combines Stochastics with the RSI indicator to help you see RSI changes more clearly
TRIX A triple-smoothed moving average of price movements
True Strength Index An indicator that measures trend direction and identifies overbought/oversold levels
Ulcer Index An indicator designed to measure market risk or volatility
Ultimate Oscillator Combines long-term, mid-term and short-term moving averages into one number
Vortex Indicator An indicator designed to identify the start of a new trend and define the current trend
Williams %R Uses Stochastics to determine overbought and oversold levels
As you can see, there's no shortage of indicators to choose from! However, not all of the listed above are available for choosing (yet!).
Next suggested articles: What is a trading indicator and how do I know which indicator to use? and How do I add indicators to my event?