TECHNICAL INDICATOR

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Graphical additions to charts which give signals on direction, momentum, saturation and many other things. Indicators are based on some sort of mathematical model related to price. They can perform a wide variety of different functions depending on how they’re calculated. See also ‘ADX’, ‘Bollinger Bands’, ‘MACD’, ‘moving average’, ‘RSI’, ‘stochastic’ and technical analysis.

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