An indicator is a mathematical calculation that can be applied to a security's price and/or volume fields. The result is a value that is used to anticipate future changes in prices. It displays a visual interpretation of specific market activity, such as trends, trend reversals, volatility, or market conditions.
By using technical and fundamental analysis techniques, you can study financial markets and determine developing trends and patterns more easily. The analysis techniques that you choose to apply, as well as the interpretation of price movement and market trends, are subjective.
Indicators supported by MarketCE Assist 2003 range from the relatively simply calculated (Moving Averages) to the very complicated (Directional Movement System). The sense and purpose of all indicators is to offer decision-making support to the general problem of the stock exchange trader: choosing the right time to buy and sell.
Indicators in MarketCE Assist 2003 can be created as studies on symbol data and studies on studies with no programming required. Users can easily insert an indicator into the chart and change its properties (bases, parameters, line type, line color, ...) Each chart can contain limitless number of indicators, although PocketPC available memory and CPU
