Technical analysisIntermediate

Technical Analysis Essentials

Study how price bars and trends are read, how common indicators such as moving averages, MACD, RSI and Bollinger Bands are calculated, and how to test whether an indicator rule has real evidence behind it. Indicators describe past prices and do not forecast outcomes.

Free self-study · reading course3 lessonsAbout 6 min reading

What you will learn

  • Read OHLC price bars and define trends with explicit rules.
  • Calculate moving averages, RSI and Bollinger Bands from price data.
  • Explain why indicator signals fail and how to test them with costs and unseen data.

Before you begin

Basic arithmetic including averages and percentages. Knowing what a price chart is helps, but no charting experience is needed.

Full lesson list

All lessons are freely available. No enrollment or payment is required.

  1. Price Bars, Trends and Levels

    • Read open, high, low and close from a candlestick.
    • Classify a trend with a written rule and treat levels as zones.
    About 2 min reading
  2. How Common Indicators Are Built

    • Calculate simple and exponential moving averages and understand their lag.
    • Compute RSI and Bollinger Bands from their definitions.
    About 2 min reading
  3. When Indicators Fail and How to Test Them

    • Identify common reasons indicator signals fail.
    • Apply a testing checklist covering costs, sample size and parameter stability.
    About 2 min reading