#TradingTools101

Indicators like RSI (Relative Strength Index), MACD (Moving Average Convergence Divergence), and Moving Averages are fundamental for many traders, helping to identify potential buy and sell opportunities.

*RSI measures the speed and change of price movements, signaling oversold or overbought conditions.

*MACD reveals changes in a trend's strength, direction, momentum, and duration.

*MA/EMA / Moving Averages, on the other hand, smooth out price data, making trend identification easier.

Many traders don't rely on just one indicator.

Combining multiple tools is key to increasing accuracy and minimizing false signals. For instance, when RSI indicates oversold conditions and MACD simultaneously signals a bullish crossover, it can be a strong entry signal.

Which indicators you use and how you combine them for better results?