$BTC
Indicators:- Lecture 1.8..
Indicators are technical analysis tool that uses mathematical calculations based on past price data to help traders understand market trends, momentum, and volatility. They're basically visual aids on charts that signal potential buying or selling opportunities.
How to use Indicators:-
đ„ Understand its purpose: Know what the indicator measures (trend, momentum, volatility).
đ„ Plot on chart: Add it to your trading platform.
đ„ Interpret signals: Look for specific patterns like crossovers, overbought/oversold levels, or divergences.
đ„ Combine indicators: Use 2-3 different types for confirmation, not just one.
đ„ Practice: Test strategies on a demo account before