Purpose of technical indicators

Posted by on Jun 14, 2011 in Uncategorised

Q: What is the main purpose of using the indicators? Are they just for visual display? If I press the Expert Advisor button, will the indicators on display be put into the subsequent calculation process and affect the result? A: In contrast to forecasting algorithms, which pretend using historical data about a time series to foresee its future behavior, technical indicators typically depict some aggregated characteristics of a time series in the past. Even despite these...

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