Indicators, part I: The Trend Followers

An indicator (sometimes also called a study) is a tool which helps you analyze
price movements. There are two groups which most indicators fall into –trendfollowing indicators are the most useful when price is trending in one direction or
the other, meanwhile oscillating indicators can be helpful when price is consolidating into a range.

An indicator (sometimes also called a study) is a tool which helps you analyze
price movements. There are two groups which most indicators fall into –trendfollowing indicators are the most useful when price is trending in one direction or
the other, meanwhile oscillating indicators can be helpful when price is consolidating into a range. It is important to know which group the indicator you are using falls into, and to choose the correct indicator for each situation.

 

Some common trend-following indicators include:

 

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Andrei Knight is a highly sought-after speaker and coachfor professional traders and individual investors alike, and holds international certifications as both an NLP Practitioner, and a Professional Life Coach. He is the author of "Trading Forex for a Living", and has made frequent... More

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