Below are the functions of the indicators AVL, VOL, MACD, RSI in simple language:
1. AVL (Average Volume)
Work: Shows the average trading volume (amount of transactions) over a specific time.
Usage: It indicates how much participation or interest there is in the market.
See: A sudden increase in volume may indicate a large movement.
2. VOL (Volume)
Work: The number of coins/shares traded within a specific time frame.
Usage: It indicates how much buying and selling is happening in the market.
See: Large green/red bars mean a lot of buying and selling is occurring.
3. MACD (Moving Average Convergence Divergence)
Work: Indicates how strong the trend (upward/downward) is.
Usage: Helps to provide buy or sell signals.
See: When the MACD line and the signal line cross—buy/sell signals can be obtained.
Bars: Green means bullish (up), red means bearish (down).
4. RSI (Relative Strength Index)
Work: Indicates whether the market is overbought or oversold.
Usage: To catch when a trend may reverse.
Above 70: Overbought, prices may drop.
Below 30: Oversold, prices may rise.
In summary:
AVL/VOL: It indicates how much is being traded.
MACD: Trend and strength
RSI: Indicates whether there is overbuying/selling
