Basics ยป Technical Analysis


Technical analysis is an analysis methodology for analysing and forecasting the direction of prices through the study of past market data, primarily price and volume.

For more information, please see Wikipedia's article:

Technical analysis used in Whitebox scripts

Each Whitebox script uses a combination of technical analysis indicators to decide whether it is time to participate in the market.

Pretty much all popular technical analysis indicators were conceived in the previous century. We did not invent them. We translated these indicators into code and made it possible to backtest trading strategies that use these indicators.

Nearly all videos you watch on YouTube use one or more technical analysis indicators as the basis of their strategy.