// TRADING TERMINOLOGY
What is Technical Indicator?
A heuristic or pattern-based signal produced by the price, volume, and/or open interest of a security or contract used by traders who follow technical analysis.
In-Depth Explanation
Examples include Moving Averages, RSI, and MACD. They are used to simplify the market data into a more readable format.
Practical Example
"The trader uses a combination of three technical indicators to confirm their entry signal."
Related Terms
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