Indicators: There are lots of technical indicators available to traders for interpreting market such as moving average. Moreover, traders develop their own unique indicators as per their understanding.
Let’s talk about the moving average. It is an average of security’s price for a particular period of time. The time period can be a 50-day moving average. Moreover, the length of the time span is defined by the user to be used for calculation.
Learn more about technical indicators such as the Pivot level. Traders also develop their own indicators as per opening, closing, or highest, lowest price. Some even develop their own programs. All depends on one’s understanding of the market conditions.