Trading indicator is a term used in technical analysis to describe any signal that alerts traders to a change in the market. There are many types of trading indicators, but the most common ones include those that give traders an alert to buy or sell a particular security.
Certain price movements may be the result of a trading indicator. For example, a breakout occurs when a security’s price moves beyond a certain level or beyond a certain price range. A breakout may signal that traders expect the security to continue higher in the future. Other examples of trading indicators include: - A breakout of a trendline indicates that traders are beginning to accept that a prevailing trend will persist in the future. -
A bearish divergence is an indicator that signals that the security’s price is likely to continue falling. - The golden cross is a term used to describe when a security’s price changes from one trading platform to another and crosses at a higher point. - A support-turned- resistance lies when the price of a security drops to a certain level and fails to continue dropping. From there, the price will soon move back up again. These are just a few examples of trading indicators that may alert traders to a change in the market.
Best trading indicators
1)Moving average (MA)
2)Exponential moving average (EMA)
3)Stochastic oscillator
4)Moving average convergence divergence (MACD)
5)Bollinger bands
6)Relative strength index (RSI)
7)Fibonacci retracement
8)Ichimoku cloud
9)Standard deviation
10)Average directional index
Above listed indicators are not ranked but they are famous indicator which is use by meny traders.As Per your knowledge and risk taking capacity you can decide which of these suitable for your trading strategy.
Trading indicators are tools that provide traders with information on market conditions or help them make profitable trading decisions. In other words, they can help traders improve their trading strategies and become better traders.
PEOPLE USING THIS INDICATOR TO MAKE HUGE PROFIT QUICKLY AND EASILY -
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