What is the best indicaor in the forex market?

[Azeema]

Nothing is best if we are not doing practice regularly if we practice on indicators and if we know more about them then we can get many effective trading systems, we can choose and trade with many indicators but i think trading with indicators is not going to give us profits if we want to earn money, then manual trading is best for us we need information about market and we need some skills to control risk and plan for success!

[Gadalay]

The most common indicators i use are moving averages, bollinger band and trend lines. indicators help a trader to understand the market sentiments and predict its direction. A trader forms his trading decisions by analyzing the market using various indicators.

However we should understand that indicators only indicate us about the market trend. they are not any proof that the market will move in the indicated direction. thus a trader should always trade carefully with proper stop loss and money management.

[usman001]

moving average is the best indicator in the markert all other indicators are not support the market and lose moving average is one of the best indicator in forex exchange market

[arju]

i prefer to help industry having candle stick designs. When we've got great and precise expertise in candle stick designs, you shouldn't have regarding every other encouraging indicator. That supply ideal signs having about time shape stock chart. My partner and i generally industry having 1 day period, i recently open up the work per candle stick designs and put trailing cease solution. That allows great gains.

[waseem]

All indicators have own importance but I think moving average has an important role because it is too much famous with all trades then can easily follow this indicator after that trend line have the second and important there is also much usage of this indicator. It also depends on trader what they use.

[sujonodesk303]

I've traded many a times with whatever cracking indicators. At introductory I didn't fit to utilise superb indicators but subsequent I've scholarly the standing of indicators in sincere trading. I've constitute that MACD, RSI, Whirling Compute are few indicators which real work me to unstoppered deals in near immediate a collection. Due to indicators I can postulate bold conclusion whenever it comes to me for first any inflict. Because of these indicators I don't demand to opine almost the results because most of the period it entirety similar mull. With prim labial deprivation I never worried to judge most any taste which may go against my orders. I strongly believed and also like to righteous tradings.

[ayushsrk]

The most common indicators i use are moving averages, bollinger band and trend lines. indicators help a trader to understand the market sentiments and predict its direction. A trader forms his trading decisions by analyzing the market using various indicators.

However we should understand that indicators only indicate us about the market trend. they are not any proof that the market will move in the indicated direction. thus a trader should always trade carefully with proper stop loss and money management.

I think that when it comes to indicators normally people use at least two indicators so as to be sure about a particular market movement and when this is the case then I would recommend the use of MACD with moving averages.Because I have found that when these two are used together then it is a bit easier to understand the market well.For any traders it is always essential to understand the trades well first before trading and these indicators do a lot of help for the traders.

But I find that using the indicators at most times can be highly confusing so it has already been quite a time that I have left using these indicators.I normally prefer to trade with a completely free chart with nothing involved but just the market movements.This way I find that it is much easier to be trading here in the trade market as we are bound not to get confused.But anyways the traders need to at least research the market a lot this way for major economic news releases and their results.

[samuel22]

To me all that have being said is very good so it is very good for you as a trader to take your time to really check on this issue so that with it you can be very successful at all times so to me it is very good for you as a trader to practice the best way that you can use to make good money in trading from one level to the other

[Dalim0621]

Anyone with a foreign exchange earning of the current problem alert you years so this form does not support the view that a warning is usually the relationship of Aries, the incorporation of a similar character to the abstraction of confusion and evaluation work on the eheyttajana and resistance, as well as all the beneficial advisors, many of us need a soul, which is usually a warning.

[rthazrat]

There are various indicator although i enjoy use usually RSI because it is sort of 80% proper and as a result of them itme we could be able to for you to predict industry additional meticulously which enable it to predict industry craze quite a few i time i used the item as well as eliminated correct as well as required advantages of the item this specific indicator are really best as well as successful.

[featurelion]

I did not like indicators for trading because these indicators are useless for me. I have tried many different systems and indicators in the past but all gives so much loss and because of these i lost my trading accounts.

I like naked trading systems , naked trading systems depends on the candlestick patterns and shapes. These systems are in raw form and gives more pips and early signal as compared to indicators.

[Akshay]

All the indicators that are available are the best just have to use them according to their strength.You have to first test the indicator in the demo account and has to observer their strengths and weaknesses.By using according to their specialty any indicator can be best and can give you success in your trading.

[umair]

as i know that everyone have his personal indicators and i think indicator have no importance but the usage of any indicator is really important in this business if anyone have full knowledge about his indicators so he can really earn a lot of money from this business and i am using the moving averages that is best for me

[riddy09]

@featurelion,
That's for you. But seems you don't truly learn from the Forex trading about the indicators. There are many traders that become profitable and successful in trading because, they have a good strategy which means that they have used of the indicators that can be simple or advanced indicators. And yet, this will be our guidelines that the market might be in one trend direction or not. And that the market patterns will be useful here.

But then, I can say that it's more dangerous to have naked trading strategy, having no indicators or hint of the market will be risky. Well, a naked trading might have used of the fundamental analysis. Candlestick patterns are still considered indicators or you did not know that?

[telpips]

I have the opinion that no single indicator is perfect in the Forex market and that a person should never rely on a single indicator as it can be really dangerous. Some indicators can be highly misleading and if a person does not have the insight or knowledge, it is probable that he might end up loosing a lot of money.