The 5 Best Trend Indicators That Work
Usage of trading indicators is a part of any trader’s trading strategy. The trading indicators are the mathematical calculations or indications that are plotted as lines on a price chart implying the trends and signals to help traders within the market. As explained in a previous blog , there are several types of indicators - leading, lagging, and confirming indicators. Any indicator that a trader use falls under any of these three categories. When the leading indicators provide early alerts and trade signals, the lagging indicators, also known as trend-following indicators help in assessing market trends and removing market noises to provide more insight into the trend. Confirming Indicators, as the name says, confirm or validate the price analysis. As mentioned before, the lagging indicators are the trend-following indicators. It looks at and analyzes the past trends and indicates momentum. Let us see the top trend indicators that work. 1. Moving Average (MA) The moving average ...