Technicians(sometimes called Chartists) are only interested in the price movements in the market.
Technicians, often called Chartists are only interested in the price movements in the market.
Chartists interested in medium-term trends would opt for longer moving
averages that might extend 20-60 periods.
Chartists can also employ other complementary indicators,
such as On Balance Volume(OBV) or the Accumulation Distribution Line.
Some traders and Chartists have tried to predict the size of the market
movement after the Symmetrical Triangle breakouts.
Chartists should also experiment with various settings
and learn the nuances of StochRSI before using it in the real world.
As it turns out, there is money to be made through Golden Crosses-
but not necessarily in the way that many Chartists think.
For example, if price is above the 200-day moving average, Chartists would only focus on signals when
price moves above the 50-day moving average.
Each chart had to be created by hand, with Chartists adding another data point at the close of trading
for each security they were following.
Technicians(sometimes called‘Chartists') take a practical approach,
looking at a security's history(using price charts) and applying various analytical tools to get a better sense of how the market feels about that particular security.