What is called technical indicators? How it is different from other analysis?

[sreevalli Participant Rank: Level 4]

Technical Indicator is a result of mathematical calculations based on indications of price and/or volume.  The values obtained are used to forecast probable price changes

It is an additional backup useful on predicting the price movement better

 

[goodwinbritto Participant Rank: Level 2]

technical indicators are the algorithmic results and calculations these are just indicators and not decision makers these are used to support the analysis made using Dow theory and other techniques..

[goodwinbritto Participant Rank: Level 2]

they are algorithms that are supporting the analysis. they are just indicators and not the base on which you can decide. they support Dow theory and other latest theories.

[vetrivel Participant Rank: Level 2]

The indicaters reduces the job in human but necessary to all jobs is not reduces. Technical is reading the report. The no alloritham is support only money make.
Different from the other analysis demand and supply.

[davidrajan Participant Rank: Level 3]

They are the algorthimic calculations which just indicates the price movement and did not decide any trading.

They are just a back up for the dow theoy

 

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