1. Definition of Technical Indicators
Technical indicators are calculated based on historical data of the stock market through certain statistical algorithms.
Aided by technical indicators, we can judge whether the market is following a trend or in a state of consolidation.
In addition, indicators can also provide specific market signals, such as trend reversal signals and overbought/oversold signals.
2. Types of Commonly Used Indicators
Currently, moomoo supports 62 system indicators in 10 categories. Commonly used indicator types include trend indicators (MA, MACD, EMA), overbought/oversold indicators (KDJ, RSI, BIAS), and pressure/support indicators (BOLL), etc. In addition, there are special indicators such as the Ichimoku Cloud, which can help you better judge stock trends.
3. Basic Indicator Operations
3.1 Show/Hide Indicator Lines
Entry: Detailed Quotes -- Below Stock Candle Chart
Introduction: Select an indicator in the indicator bar by tapping the indicator name, and then the corresponding indicator line will be displayed. Tap the indicator name again, and then the indicator line will be hidden.
3.2 Adding and Deleting Indicators
Entry: Detailed Quotes -- Chart Settings -- Indicators -- Add Indicator
Introduction: Checked indicators will be displayed in the indicator bar; Unchecked ones will not appear in the indicator bar.
3.3 Finding Indicators
Entry: Detailed Quotes -- Chart settings -- Indicators -- Add indicator
Introduction: If you want to find an indicator but don’t know its type, you can quickly find it through the search function.
3.4 Parameters and Color Settings for Indicators (Take BOLL as an Example)
Entry: Detailed Quotes -- Chart Settings -- Indicators -- BOLL
Introduction: You can modify indicator parameters on the page. New versions of moomoo support setting the color of indicator lines.
We will explain more about the most commonly used indicators in technical analysis next time.
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