FBS Trader app is a mobile but powerful platform, allowing you to keep track of your trading on the go and providing you with the most necessary instruments for profitable trading.
Among them, you can find one of all professional traders’ essential technical analysis tools, the indicators.
Indicators are mathematical calculations represented graphically on a price chart.
What are indicators for?
Indicators are used to analyze historical trading data and forecast market price changes based on the results of this evaluation.
They have many advantages:
- by using them, you can decide whether or not and when to enter/exit the market;
- indicators save your time and visualize essential things about the price chart;
- they also help develop personal trading scenarios with more significant profit potential and more possibilities for risk management.
If you wish to add the indicators to the chart, please, refer to this link.