#TradingTools101

Traders often use various types of trading indicators:

Trend indicators help determine the direction of the market trend. The Ichimoku Cloud, trend lines, and moving averages are a few examples of trend indicators.

Momentum indicators are tools for assessing the strength of market changes and identifying potential price reversals. For example, the Relative Strength Index (RSI), Stochastic Oscillator, and Moving Average Convergence Divergence (MACD).