In this article, I will look at how I can use technical analysis indicators to send buy-or-sell trading signals to a chatroom on an ongoing basis — removing the need to keep eyeballing Technical Analysis charts constantly.
According to Investopedia ‘Technical Analysis is a trading discipline employed to evaluate investments and identify trading opportunities by analyzing statistical trends gathered from trading activity, such as price movement and volume’. It further states ‘technical analysts focus on patterns of price movements, trading signals … to evaluate a security’s strength or weakness’.