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3 articles tagged #indicators. See all tags →
Most charting platforms let you stack 100+ indicators. Ten of them do almost all the useful work. Here's what each one actually measures, and why you can ignore the rest.
Bollinger Bands are a 20-day moving average with two lines drawn two standard deviations away. The math is high school stats. The hard part is knowing what to do with them.
MACD is the most-quoted technical indicator on the internet. It's also one of the simplest. Two moving averages, a difference, and a signal line. Here's how it actually works.