#TradingTools101 TradingTools101 You've highlighted some essential tools for traders! Here's a breakdown of the key indicators and how they're used:
Key Technical Indicators
RSI (Relative Strength Index)
Function: Measures the speed and change of price movements.
Signals: Helps identify oversold (potential buy) or overbought (potential sell) conditions.
MACD (Moving Average Convergence Divergence)
Function: Reveals changes in a trend's strength, direction, momentum, and duration.