In general, Forex indicators represent the price of any type of financial instruments in mathematical terms. They are used mainly as assistants within the market conditions to forecast the future price changes. All signals of these assistants help make efficient decisions and open/close profitable transactions.
According to their functional properties, all of the indicators can be grouped into trend indicators, oscillators, and others. In their turn, indicators for trends help distinguish the movement of prices in one direction. Oscillators help see the trend strength ahead of time or synchronously. Other indicators allow monitoring the market mood.
Thus, the technical indicators can be constructed in a separate window (for example, MACD, Stochastic). However, it can also be superimposed directly on the chart. Learn more at https://mtdownloads.com
