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Executing Technical Analysis
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Advanced Technical Indicators
01:18 Mins Read
Learn to execute advanced technical indicators for better returns in trading.
Transcript
Advanced Technical Indicators Stock market trading has evolved with the advent of computers and advanced charting tools. Even a simple mobile application can provide you with graphs and charts that would be only available to large traders a few years ago. Relative Strength Index is a result of one such tool. It provides technical traders signals about bullish and bearish price momentum. It is represented as an oscillator, which is a line graph with two extremes and has a value between 0 and 100, In addition to Relative Strength Index, traders use Bollinger Bands to understand market volatility. In this, there are two price bands plotted above and below a moving average line graph using standard deviation. The gaps between the bands from moving average lines represent market volatility. Let's understand more about such tools and indicators for effective investment decisions, and learn to execute technical analysis on Smart Money by Angel Broking.