Technical indicators are used to look back at past trends and predict future movements. Technical indicators include moving averages, relative strength indexes, and stochastic oscillators. One or more indicators are frequently used in trading strategies, such as entry, exit, and trade management rules, to guide day-to-day decisions.
Line of Moving Average
Divergence of Moving Average Convergence (MACD)
On-Balance-Volume Relative Strength Index (RSI) (OBV)
Bollinger Bands, on the other hand, have a moving average and outer bands that can operate as a leading indicator, indicating locations where the price may stall or reverse.
When the price is strongly trending, the average directional index (ADX) is used. It is the ultimate trend indicator in many circumstances.
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Vishal Meena
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And Traders are i) position trader (ii) Swing Trader (iii) Day trader (iv) Scalper Trader
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