I received a lot, many questions related to this issue. As everyone knows, there are a lot of indicators for traders to choose. However, some effective indicators with the majority will be used more. As I think the trade priority is the Moving Average (MA). Whether they use minimalist, integrated or some other variant of the average, almost all traders have one or more MA lines drawn on their chart. Use the trader to determine the trend and determine the level of support and resistance in a market. Some trading strategies are based on intersections of short and MA lines.
Next to almost all traders use candlestick charts and look for candlestick patterns as clues to predict futures markets – especially the potential market reversals. Many traders also combine technical indicators used to determine the trend and support or resistance to market forces to assess the strength of price movements. The most common propensity indicators include the Moving Average Convergence Divergence (MACD) and the Relative Strength Index (RSI).
Note that we can see that since the possibility that price fluctuations may fluctuate in a certain day may vary according to market movements, trader will often use oscilloscope measurements, such as Bollinger Bands.
In short, one of the most important things in trading is determining the trend and predicting price movement or price movement. Based on general criteria, traders use most common indicators to identify these factors including MA, MACD, RSI, Bollinger Bands, candlestick patterns and price patterns.
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