Using Technical Analysis Indicators
Technical analysis is a method of examining past market data to help forecast future price movements. Using different tools, indicators, and charts, traders can spot important price patterns and market trends, and then use that data to anticipate a market's future performance.
Technical analysis is based around a market's price history, rather than the fundamental data like earnings, dividends, news, and events. The belief is that price action tends to repeat itself and the patterns can be identified and used to define a market's trend.
Since MarketClub offers a variety of chart studies that can be helpful in your technical analysis, I'd like to highlight several of the most popular technical indicators and how you can use them.
The Moving Average Convergence/Divergence (MACD) Indicator
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