None of the technical analysis methods we presented need to be applied manually, since this can be done automatically in every platform. What we need to know is how the results of these methods are interpreted and how we can work with them using different variables. The tools of technical analysis are plenty and with the right research, training and experimentation, each investor will find the methods that are suitable for them.
Keeping a record of the techniques we use and their level of success in terms of performance and the time it takes to achieve it, is considered necessary for the right conclusions to be reached.
In addition to these methods, there are also simpler techniques - the advantages of which are that they do not need complicated procedures to implement, do not use charts and graphs, so they do not require toil, time and expertise. Below we will present two of these methods.