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Type of Indicators

Posted By On 1/14/2008 10:14:00 PM Under
1. MACD and Moving Averages  can be classified as a part of trending indicators.

2. Use MACD and Moving averages when the ADX is rising above 16-20 which means that the market is trending.

3. Stochasitics, RSI, Momentum etc are the available tools to be used in trading market. Use oscillators when the ADX is declining as it simply means that the market is consolidating.

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