Using Indicators Efficiently - Exness Webinar Series
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About the Event
Indicators provide useful information that can help traders identify certain signals and trends within the financial markets. They can help identify momentum, trends, volatility etc. and are used as a secondary measure to actual price movement. All indicators are derivatives of price and lagging indicators will always lag actual price movement, so may give incorrect signals. It’s important to understand how indicators work to be able to use them effectively. For example, a moving average (MA) indicator is effective when price is trending and any oscillator (MACD, RSI, Stochastic, etc.) is effective when price is range bound. Traders should be aware of these simple facts in order to make the most of every trading opportunity. In this session, we will look at examples of how you can use some of these indicators more effectively.