Technical indicators are indispensable tools for traders who want to analyze investment opportunities. However, if you are new to Capital.com, you may not know how to adjust the parameters of the technical indicator on the chart. This operation is effortless. This article will show you how to add and set up technical indicators on the Capital.com platform.
What are indicators?
Indicators are technical analysis tools used to predict prices in the stock market.
Technical indicators are mathematical calculations of volume and price indicators, which significantly save analysis time. Based on the signals of the indicators, you can make decisions about placing a buy / sell order or closing a trade, determine the direction and strength of the trend, etc. Currently, there are about 30 standard indicators on the market – trading platforms.
Indicators on Capital.com
On Capital.com, technical indicators are divided into six groups, including:
1. Group of popular indicators: includes the indicators most commonly used by traders.
The popular group of indicators on Capital.com includes nine familiar technical indicators: Accumulation/Distribution; Average True Range, Bollinger Bands, Ichimoku Cloud, Moving Average, MACD, Moving Average Exponential, On Balance Volume, Relative Strength Index.
2. Oscillator group:
The group of oscillators on Capital.com includes nine technical indicators: Awesome Oscillator, Chaikin Oscillator, Commodity Channel Index, Connors RSI, Detrended Price Oscillator, Momentum, Relative Strength Index, Stochastic.
3. Group of trend indicators:
The group of trend indicators on Capital.com includes 11 indicators: Average Directional Index, Envelope, Ichimoku Cloud, Moving Average, Exponential Moving Average, Weighted Moving Average, Parabolic SAR, Williams %R, Williams Alligator, Williams Fractal, Zig Zag.
4. Group of volatility indicators:
The group of volatility indicators on Capital.com includes four indicators: Average True Range (ATR), Bollinger Bands, Chaikin Oscillator, Historical Volatility.
5. Volume indicator group (volumes):
Accumulation/Distribution, Chaikin Money Flow, Net Volume, Balance Volume, Price Volume Trend, Tick Volume, Volume Oscillator.
6. And a bunch of other indicators.
In addition to the technical indicators grouped above, Capital.com provides another 46 technical indicators.
With many indicators equipped, Capital.com associates will be more convenient in using charts to analyze the market and find trading opportunities without using 3rd party charts.
How to add and set technical indicators on Capital.com?
Currently, Capital.com only allows users to use technical indicators on charts on computer web platforms. If you are on mobile, you will have to use the charts of another platform as a tradingview…
To add a technical marker to your Capital.com chart on a desktop, do the following:
Step 1: Log in to your Capital.com account.
Step 2: Select the [Trade] tab, click on the magnifying glass icon to find the stock ticker you want to see the chart.
Step 3: On the toolbar of the price chart, click on the Technical Indicators symbol, select the technical indicator you want to use.
The technical indicators you have added will show the parameters in the upper left corner of the chart.
Step 3: Click the Layer icon to select the indicator you want to adjust the parameter or color.
Then click on the Settings icon of the indicator you want to adjust.
Step 4: Adjust the parameters, the color of the indicator as you like, and then hit [Ok].
Then you have successfully added and adjusted the indicator to Capital.com.
To clear the technical indicator shown on the chart. Put your mouse on that technical indicator and press the Delete button on your keyboard.
Technical indicators are indispensable tools for technical analysts. Using the indicator makes it easier and faster to calculate and find trading opportunities. Capital.com provides a system of dozens of technical indicators to help its investors more conveniently in the trading process. However, the Captial.com limit is that there is no technical indicator for the chart if you use your phone. Hopefully, soon, Capital.com will add this feature.