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Tagged: Technical indicators
This is an algorithms.
It is for our own convenience.
Technical indicators supplement technical analysis by using readymade algorithm indicators. These are only supportive tools and not decision making tools as these do not factor demand/supply & volumes.
Technical indicators help in analysis using ready-made algorithms. These are not decision making tools, they merely support decision making.
Its different than other analysis as it doesn’t consider volume, demand and supply
it shows the future price levels to predict for past pattern .
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