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Chart overlays

Chart Overlays are technical analysis indicators that use the same scale as the price rate and can be drawn on top of the regular chart. There are many chart overlays in use in technical analysis such as the Bollinger bands, Fibonacci retracements, support and resistance, trendline, parabolic SAR, and moving averages. These chart overlays are used to add additional information to the regular chart in order to measure features of the price changes that are not easy to find using only a bar chart.



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