Unknown Indicator
Price Action Indicator In A Nutshell
A price action indicator will help you determine the price action of an equity, which may be that price tends to move a certain length to the upside before moving down, or that it moves more on one day than another. Price action is something to really sink your teeth into and understand for your investments.
Price action is a basis for many peoples trading and investing methodologies. Price action is simply how a price of an equity tends to move. There are different candles that can be used in charting, but all of which can help you find price action.
Closer Look at Price Action Indicator
An example of price action is in range bound trading, which clearly has a defined support level and resistance level. The price action indicator could help determine if price is going to continue to honor those levels. If you follow a particular equity for a certain length of time, you can begin to understand the price action during certain situations.
Some great tools to use with price action indicators would be oscillators, which cycle up and down with the movement of the stock or equity. Other tools to use could be Bollinger Bands or standard deviation levels, as all of these could give you an increased edges in your predictability of the market.
If you get stick or need instruction, first search the Internet because there are many websites and videos that can show you how to properly implement these tools. Take time to get to know them on a demo account, trying out new things. If you get stuck, reach out to an investing community and bounce ideas off of them as they can give you real time feedback. If in the end it still doesn’t work out, then at least you have the knowledge in the back of your head incase you need it later down the road.
Price action is important to understand as it can help you better identify trends and how a stock moves in relation to certain situations. Hone in on price actions to give yourself a better edge and at least get a better feel for your chose equity.
Other Indicators
All Technical Analysis
Use Investing Themes to Complement your positions
You can quickly originate your optimal portfoio using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Municipals ETFs Thematic Idea Now
Municipals ETFs
View All Next | Launch |
Other Complementary Tools
Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
Content Syndication Quickly integrate customizable finance content to your own investment portal | |
Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. |