Classifying Indicators leading & lagging he
Hello friends lets understand leading & lagging indicators Leading & lagging Indicators Classifying Indicators There are five types of indicators in technical analysis. Let’s put these indicators in the right bag. Trend indicators – It is a lagging indicator to analyze if the market is moving up or down. Mean reversion indicators – A lagging indicator that measures the length of the price swing before it retraces back. Relative strength indicators – It is an oscillator which is a leading indicator that measures the buying and selling pressure in the market. Momentum indicators – This leading indicator evaluates the speed with which the price changes over time. Volume indicators – could act as a leading or a lagging indicator that tallies up trades and quantify the buyers and sellers in the market. Examples of leading indicators The widely accepted and used leading indicators include: Fibonacci Retracement channel Support and Resistance levels Example is below ...