Technical Indicators only give an indication of the market trend. We cannot take trade calls using Indicator but we can confirm our calls using this.
Technical Indicator are of two types : Trending and Non-trending Indicator. Moving average is a trending indicator. The period over which the moving average can be calculated can be chosen by the trader. Moving averages can be used to identify the direction of a trend, to smooth out price movement and are also used as support and resistance. Moving average tends to act as a magnet and price tends to move towards and away from the average.
• Relative strength index indicator is based on the number of positive and negative candlestick bars and this works well with non trending zone. RSI indicates whether the trend is bullish, bearish or sideways.

0 Comments

Leave a reply

©2024 | Rights Reserved | EQSIS | Terms and ConditionsPrivacy Policy

CONTACT US

We're not around right now. But you can send us an email and we'll get back to you, asap.

Sending

Log in with your credentials

Forgot your details?