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The Use of Indicators in Forex Trading

The Use of Indicators in Forex Trading

Submitted by • May 29, 2020 theforexscalpers.com

Technical indicators are mathematical calculations that use historical price action and volume to predict future price movements, providing signals of trade. Such signals indicate a possible time and price for a trader to enter a trade, to take advantage of the forecast price change. Technical indicators are typically shown above or below price charts to help FX traders recognize trends and conditions where they are overbought or oversold.

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