LESSON NOTES
What this lesson covers
Choose tools by role instead of stacking indicators that repeat the same information.
01
Separate trend, momentum, and volatility indicators.
02
Read tick volume and volume profile with their limits.
03
Distinguish indicators, EAs, signals, and strategies.
Hands-on exercise
Apply the lesson in Market Watch; this is not a quiz.
Choose one indicator per role and state what each cannot tell you.
Review questions
Answer first, then open the explanation.
1Explain “Three indicator jobs: trend, momentum, and volatility” in your own words.View answerHide answer
Answer: A good answer should define the core idea, give one relevant example, and state at least one limitation.2Give one chart or platform example where this lesson matters.View answerHide answer
Answer: Use a concrete symbol, timeframe, or platform action and explain how it changes a trading decision.3Name one condition where the idea should not be used by itself.View answerHide answer
Answer: State one missing confirmation, data limitation, or risk condition that would require an additional check.
Complete the exercise and review the answers before marking this lesson complete.
Education only. Trading involves risk; use a demo account while learning.