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Tagged: Technical indicators
Technical indicator predict future price and Volume. Difference is because it involves only Supply and Demand.
these are calculations based on the price and volume.
Based on this decisions can be taken for trading since these are calculations where as price patterns/dow theory can be used to know the trends.
technical indicators can be used to support the price patterns/dow theory.
Moving Average and Relative Strength Index (RSI) are the technical indicators. These are algorithms that support for trading.
Technical indicators are algorithm representative of price and volume. It is different from other technical analysis because it does involve demand and supply, it cannot be believed all the times but it can be used for quick checking purpose..
Technical indicator are the algorithms based easy & simplest way of finding the price movement..it is differ from other analysis because it analyzed by the demand & supply of the shares..
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