When using Advanced Trade, you can add different indicators to your trading charts to gain deeper insights into the crypto trading pair you are looking at and develop your own trading strategy.
What is an Indicator?
An Indicator is a tool which you can use for technical analysis and to predict the price movement of cryptocurrencies. Refer to the indicators topic for information on how to add them to your charts.
Examples of frequently used indicators
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Exponential Moving Average (EMA)
The Exponential Moving Average (EMA) is a technical chart indicator that tracks the price of an investment over time. You can add single or multiple moving averages to your trading experience. -
Relative Strength Index (RSI)
The Relative Strength Index (RSI) is a technical indicator used in the analysis of financial markets. It is used to chart the current and historical strength or weakness of an instrument based on the closing prices of a recent trading period. The indicator should not be confused with relative strength.
When the RSI indicator is low, this can signal that the market is oversold and could indicate a future uptrend in price. When the RSI indicator is high, this can signal that the market is overbought and can signal a future downtrend in the market price.
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