An electronic trading platform, also referred to as an online trading platform, is a piece of computer software that allows users to order financial products through a financial intermediary over a network.
On the whole Volume is a volume indicator that forecasts price changes based on trading volume. Joseph Granville was the first to do so in 1963 when he published a book on stock market trading.
The concept behind OBV is that trading volume has an impact on price and can be a useful tool in determining whether a trend will continue or not. Additionally, OBV...
John Bollinger invented the Bollinger bands in the 1980s, and they have since gained enormous popularity for precisely highlighting volatility. Bollinger bands offer a great way to plot cryptocurrency assets’ notoriously high volatility.
Three bands from Bollinger bands are superimposed over the candlestick chart. The moving average, which typically has 20 periods, is the middle band. The value of the middle lines plus two times...
J. Welles Wilder developed the relative strength index (RSI) in 1978, and it has since grown in popularity, first among stock traders and more recently among cryptocurrency traders.
Three lines make up the indicator, with the middle line serving as the actual RSI indicator (yellow in the image). Traders can determine whether an asset is overbought or oversold using the RSI. The average of absolute...
Moving averages typically represent the average price over time of an asset. The default moving averages offered by a trading platform can be used by traders, or they can define their own. This will depend on the trading parties’ respective time horizons.
Between simple moving averages and exponential moving averages, we further distinguish. While an exponential moving average gives more weight to recent price movements,...
You might be curious as to what cryptocurrency trading indicators are. Trading indicators, to put it simply, are analytical tools that predict the direction of the market using graphs and formulas. To forecast how the price of an asset will change in the future, they rely on historical data and previous movements. Traders will search for recurring patterns and trend confirmation when using trading...