Intermediate · Charting
Technical Indicators
A simple average weights each selected close equally. An exponential average gives more weight to recent values. Both transform existing data and introduce lag.
Learning outcomes
✓ Explain moving averages
✓ Explain rsi and macd
✓ Explain bands and tick vwap
Course curriculum
1. Moving averages · 12 min
A simple average weights each selected close equally. An exponential average gives more weight to recent values. Both transform existing data and introduce lag.
2. RSI and MACD · 12 min
RSI describes the balance of recent gains and losses; MACD compares two exponential averages. High RSI is not a sell instruction, and low RSI is not a buy instruction.
3. Bands and tick VWAP · 12 min
Bollinger Bands describe dispersion around an average. Forex tick volume is a count of quote activity, not centralised traded volume. A tick-weighted VWAP is a provider-dependent proxy.