What Are Trend Indicators & How To Trade Them

Trend Indicators

Trend indicators are used to follow the price movements of an asset in a particular direction. Traders will plot them on their charts to try and clearly identify the direction of the market. What are the Trend Indicators? Trend indicators are based on mathematical calculations that illustrate signal lines to identify the market situation. Types of Trend traders There are plethora of trend indicators. Some of the most common are: Moving Averages MACD (moving average convergence divergence) RSI (relative strength index) Stochastics Bollinger Bands OBV (on balance volume) Fibonacci retracements ADX (average directional index) Ichimoku cloud Standard deviation Here’s an …READ MORE