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Tagged: Technical indicators
It is a algorithmic indicators which derives from past price movements.
It differs from other analysis, as it does not require any fundamental study to apply and also called ready made analysis.
Indicators are tools with the predefined analysis and set of algorithms, this can be applied on the trend to get the indication of price movement. It can be used as supporting tool to confirm the analysis derived from the technical analysis. But the indicators does not work in all scenarios, some of them work for trending and some of them indicate well in non trending zone.
Technical indicators are algorithms defined to explain price movements. It is different from other analysis as these are algorithms based on past and moving market prices and is useful for regular traders
It is a set of algorithms are used to determine the price movements for the forecasting trend is called technical indicators.
It is differ from other analysis because technical indicators are used to show the current trend of the market by using the previous price movements not a decision maker. But analysis is used for decision maker.
Technical indicators as the name suggests indicates price movements. It is an algorithm and helps us understand price movements. Given a particular trend it indicates which way price will go and where to enter and exit. It looks into the market and forms conclusions based on demand and supply. Other analysis have a different outlook in terms of understanding and evaluating the company from different perspectives
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