Technical Indicators Available on Pluang's Web Trading Platform

Pluang's web trading platform provides a suite of technical indicators including Moving Averages (MA), MACD, RSI, and Bollinger Bands — tools that help traders analyse price trends, momentum, and volatility directly on the chart.

• Moving Average (MA): A Moving Average smooths out price data by calculating the average price over a set number of periods (e.g. 20-day MA, 50-day MA). Traders use it to identify the direction of the trend and potential support or resistance levels. The Simple Moving Average (SMA) and Exponential Moving Average (EMA) are the most common variants; the EMA gives more weight to recent prices, making it more responsive to new data.
• MACD (Moving Average Convergence Divergence): MACD measures the relationship between two exponential moving averages (typically the 12-period EMA and the 26-period EMA). The indicator produces a MACD line, a signal line, and a histogram. When the MACD line crosses above the signal line, it can indicate bullish momentum; a cross below can signal bearish momentum. Traders also watch the histogram for divergence with price.
• RSI (Relative Strength Index): RSI is a momentum oscillator that measures the speed and magnitude of recent price changes on a scale of 0 to 100. An RSI above 70 is commonly interpreted as an asset being overbought (potentially due for a pullback), while an RSI below 30 suggests it may be oversold (potentially due for a bounce). RSI is most useful in ranging markets; in strong trends, it can remain overbought or oversold for extended periods.
• Bollinger Bands: Bollinger Bands consist of a middle band (usually a 20-period SMA) and two outer bands plotted at a standard deviation distance above and below the middle band. When price approaches the upper band, the asset may be overbought; near the lower band, it may be oversold. Bands narrowing (a "squeeze") can indicate that a significant price move may be coming.
• Combining indicators: Experienced traders typically use multiple indicators together rather than relying on a single one, and always consider broader market context. No indicator is infallible — use them as one input in your analysis alongside fundamental research.

Related questions:

Q: How do I add a technical indicator on Pluang's web trading platform?
Look for the indicators menu or button in the chart toolbar on the web platform and select the indicator you want to overlay on the chart.

Q: What is the difference between SMA and EMA on Pluang's chart?
The Simple Moving Average (SMA) weights all periods equally, while the Exponential Moving Average (EMA) gives more weight to recent prices, making it react faster to price changes.

Q: Can I use multiple indicators at the same time on Pluang's web chart?
Yes, you can overlay multiple indicators on the same chart simultaneously to build a more complete picture of price action.