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How to use indicators?
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[QUOTE="Peppul, post: 80717, member: 27039"] Indicators are additional or overlays on the chart that provides extra information through mathematical calculations on price and volume. They also tell you where the price is likely to go next. Like trend indicators tells you which direction the market is moving in. If there is a trend at all. They are sometimes called oscillators, because they tend to move between high ad low values, like a wave. Also momentum indicators tell you how strong the trend is and can also tell you if reversal is going to occur. They can be useful for picking out price tops and bottoms. Momentum indicators include relieve strength index (rsi), stochastic, average directional index (adx). [/QUOTE]
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