Sunday, December 14, 2008

Platform’s Indicators are used in technical analysis to help you predict price

Forexgen Platform’s Indicators are used in technical analysis to help you predict price movements by looking at market generated data plotted on different kinds of charts. We will widely discuss technical analysis and indicators later on but for the time being let's take a look at the main types of indicators:

First we have the Cycle indicators. This type of indicators specify the exact time of an expected market change due to a repeatable phase that the market go through. Then there is the Volatility indicator that examines the market's instability that leads to change in prices. We also have the Trend indicator that creates average moving charts by examining average prices. Support/resistance indicator measures the level of supply and demand in the market which is considered one of the main reasons of price change. Finally we have the strength indicator that measures the volume and potentiality of the market through the price. Also you can visit [www.Forexgen.com]


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