Category:Technical Indicators

From The Free Forex Encyclopedia

Jump to: navigation, search

Technical indicators indicate the technical indication for technicians dictating technics. What's a technic? We haven't decided that just yet, but check out some of the most common technical indicators below.

A technical indicator, at it's most basic level, is just a series of data points resulting from the application of a formula to price data of a currency pair or the market (price data can be a combination of several different things).

A technical indicator can provide a different perspective from which to analyze price action, and is used in hopes of predicting price.

"Don't judge each day by the harvest you reap, but by the seeds you plant."
Robert Stevenson
Clicky Web Analytics