What is a Technical Indicator ? | Coreto Trading Analysis
What is a Technical Indicator ? | Coreto Trading Analysis

Technical indicators are heuristic or pattern-based signals produced by the price, volume, and/or open interest of a security or contract used by traders who follow technical analysis.

Technical indicators are used for examining and predicting price movements in the financial markets, by using historical price charts and market statistics.

Basically, the whole process relies on the idea that if a trader can identify previous market patterns, he could form a prediction of future price trajectories.

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