Forex Indicators page 2

The Standard Deviation indicator, which is in demand among traders, is an integral part of various profitable trading strategies. Judging by its name, it is clear that it is borrowed from mathematical statistics. The indicator is used in many profitable strategies to estimate the market volatility and find profitable points to open the trades. Let's consider in detail the principle of its work, installation, setup rules, and its readings.

Forex indicators - various tools of technical analysis of the situation in the world currency market. These are special tools that facilitate the planning of intraday trading on the market, as planning in these conditions is difficult. Short-term trading is characterized by the fact that all trades within the strategy must be completed during the business day and cannot be rolled over. The main characteristic is a responsive reaction to rapid market changes. Each piece of news immediately affects the quotes, so new information should be used immediately.