18. Technical Indicators
A technical indicator is applied to a chart and uses three pieces of information – time, price and volume, to give you insight into where a pair is headed. Because the forex is a distributed market, there is very little volume information. That leaves just price and time. There are a lot of ways to analyze that information and the potential variables are endless. Understanding how to wade through the swamp is vital. Technical indicators can help. Types of technical indicators Most technical
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