3 Simple Technical Indicators That Actually Help
You don't need 20 indicators on your chart. These three are enough for most beginner traders.
Key facts
- Moving averages smooth out price noise.
- RSI shows when an asset might be overbought/oversold.
- Volume confirms whether a move is real.
- More indicators don't equal better results.
Moving averages
A 50-day or 200-day moving average can show the overall trend. If price is above the MA, the trend is generally up; below, down. It's simple but surprisingly effective.
RSI (Relative Strength Index)
RSI ranges from 0–100. Below 30 is often considered oversold; above 70 overbought. It's not a timing tool by itself, but it can add context to price action.
Ready to put this into practice?
Get a personalized plan and see which regulated brokers fit your goals.