What is a Forex Indicator?
A forex indicator is a technical analysis tool that uses mathematical calculations based on price, volume, or open interest data to forecast future price movements. Indicators are displayed as overlays on price charts or in separate windows and help traders identify trends, momentum, volatility, and potential entry/exit points.
Types of Forex Indicators
Main categories include: Trend indicators (Moving Averages, MACD, ADX), Oscillators (RSI, Stochastic, CCI), Volume indicators (OBV, Volume Profile), Volatility indicators (Bollinger Bands, ATR), and