Indicators

This section describes how to use the technical Indicators available in TradeXpress to predict future price changes of stocks.

Chart indicators are technical analysis tools which plot additional information onto a chart for the purpose of pin-pointing or predicting significant moments in the life of a data series. They are created by taking the underlying data values and applying them in a mathematical formula to produce a different series of values for plotting. Many indicators require input values to calculate properly.

In TradeXpress Chart the available indicators are categorized as follows:

1.Averages

2.Bands

3.Other Indicators

PROCEDURE

To apply indicators:

1.Click the arrowhead next to Indicators on the standard chart toolbar, click on the required indicator and edit the properties.

Figure 01- Apply Indicators

Figure 02- Indicator Properties