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What are the types of indicators?

There are two types of indicators: Overlays: These kinds of indicators use the same scale of the price and are drawn over the stock prices on the chart. Examples are Bollinger bands, Ichimoku, etc. Oscillators: Such indicators fluctuate between an upper range and a lower range or overbought and oversold. These are drawn under the calendar scale of a price chart. Examples are RSI, MACD, etc.

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