eToro offers a wide variety of markets and assets for you to choose from and as many technical tools needed for your trading. Bollinger Bands is one of the most popular ones, so let's have a look at what they are. What are Bollinger Bands? Bollinger Bands is a widely employed technical analysis indicator that is used to identify overbought and oversold market … [Read more...] about Bollinger Bands on eToro. How does it work?
What is a Moving Average Indicator? Moving Average is one of the simplest indicators used in trading and it shows the average price of a stock over time; it is constantly updated as new price information becomes available. This indicator is one of the most common tools of technical analysis and shows an 'overall' price direction, smoothing over short-term market deviations and … [Read more...] about Moving average indicators on eToro
What is a momentum strategy? Momentum strategy relies on making a profit by going long or short when price movements of an asset show a strong trend in an upwards or a downwards direction i.e. when there is a high price momentum either way. If an asset, such as stock or ETF, is undergoing an upward trend (so increasing in price), momentum trader would go long in it (i.e. buy … [Read more...] about Momentum trading on eToro