Trend indicators
Trend indicators are designed to identify and follow the trend of a currency pair. Traders earn whaling sums of money on trending markets. That’s why it’s necessary for you to distinguish between situations when a currency pair is trending and when prices are consolidating. The main purpose of trend indicators is not to find the exact entry/exit points, but to show the direction of trade – buy or sell.
In this tutorial, we will learn the most applied technical tools such as moving averages, Bollinger bands, ADX. Trading is all about tipping somebody’s mitts. If you know the techniques used by millions of other traders, you will be able to swim with the current (trade with the rest of the market participants) and never suffer from financial losses.
Start Trading2023-05-11 • Updated
Other articles in this section
- The McClellan Oscillator
- Aroon Indicator Trading Strategy
- Currency strength
- Moving Averages Ribbon: How to Find Entry Point
- Best Time Frames for Trading
- Renko charts Japanese candlestick chart
- Types of charts
- How to Use a Heikin-Ashi Chart?
- Quantitative Easing Policy (QE)
- Pivot Points
- What Is a ZigZag Indicator?
- Moving Average
- Williams’ Percent Range (%R)
- What Is Relative Vigor Index (RVI Indicator)?
- Momentum
- Force index
- What Is Envelopes Indicator?
- Bulls Power and Bears Power
- Average True Range
- How to trade on central bank decisions?
- CCI (Commodity Channel Index)
- Standard deviation
- Parabolic SAR
- Trading with Stochastic Oscillator
- Relative Strength Index
- MACD (Moving Average Convergence/Divergence)
- Oscillators
- ADX Indicator: How To Use It For Effective Forex Trend Analysis
- Bollinger bands
- Introduction to technical indicators
- Support and resistance
- Trend
- Technical analysis
- Central Banks: policy and effects
- Fundamental factors
- Fundamental Analysis in Forex and stock trading
- Fundamental vs technical analysis