Category:Technical Indicators

From The Free Forex Encyclopedia

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.