What is the best indicaor in the forex market?

[bablu7832]

Every trader uses different indicators according to their trading strategy and knowledge.I use MACD indicator not mentioned in the list of this thread.It is a very good indicator to determine the direction of market trend.It is similar to moving average indicator.RSI is also a very good indicator as it shows overbought and over sold conditions in market.

[santi]

I conceive all of this signs can be reclaimable if you bed to use it effectively.And we can't say one sign is outgo than otherwise newness trading signalize since we are using antithetical handling technique and it's really realistic for us to using distinguishable signs while handling and with that way,it leave furnish us various dealing outcome too simultaneously.

[bbacomsats]

Best is the only one in which you have the best technique and knowledge to use so any one can say that it has its own best indicator because it suits him more so the trading style and profit by the indicator is the policy the mechanism which tell us that which indicator was best successful for us in the trading while all the attention concentration should be on one that is giving you profit such as in my case i like candlestick because i have learned everything about it it has given me more than 150 dollar profit to me.so some of the trader use moving average some use other all are depended upon their technique of use.

[lastnet]

Every trader has own choice but according to my knowledge moving average is best for all kinds of trader because moving average is much easy also Most of the time indicators will give you the false signals and you need to detect.You must use the combination of multiple indicators to avoid the false signals

[djoko]

I use the best indicator forex is parabolic sar , if the price has broken through the parabolicsar point mark in trend has started

[jahid]

Every trader like the different different indicators. Someones like RSI, someones like CCI, someones like Channel. It is differ from man to man. I like the RSI indicators. Because it is so much suitable to me. If you want to better work in the Forex trading you need a good indicator. I think that RSI is the best indicator to me. If you do not get any indicator you will not get any alert when you need. So I think every trader should keep a good indicator which help them in their work.

[Fx_Mission]

I think my short experience that, every traders have own choices and every traders use different indicators. there are many indicators are in forex platform. But I chose one of them. I like macd and zig zag most, I think this indicator gave me more profit. if we use this indicator and handle this indicator correctly then we can be earn more profit. After all it depends on every traders.

[Akshay]

Using indicator in the trading is very risky because they will not give you the right signals very time.Most of the time indicators will give you the false signals and you need to detect.You must use the combination of multiple indicators to avoid the false signals but using multiple indicators will make the trading very complex to execute

[sunny]

dear in my point of view bollinger band are very good for us and also rsi moving average trend it was also best and profitable for me it makes me good idea for how i will trade on pair it was easy for us if we use good indicators and also indicators and signals are way of success in forex market i am also use indicators

[Akshay]

dear in my point of view bollinger band are very good for us and also rsi moving average trend it was also best and profitable for me it makes me good idea for how i will trade on pair it was easy for us if we use good indicators and also indicators and signals are way of success in forex market i am also use indicators

Every indicator has some specialty and you need to identify it.Different indicators work perfectly in different market conditions.Also each indicator work in different time frames.So we cant justify the best indicator, all of them can be consider as the best provided that they are used according to their strength.

[yogesh]

Every indicator has some specialty and you need to identify it.Different indicators work perfectly in different market conditions.Also each indicator work in different time frames.So we cant justify the best indicator, all of them can be consider as the best provided that they are used according to their strength.

Yup one indicator can be good in one aspect while other can be good about other. We also need to select indicators that match our trading style and also works best with our strategy. I am not in favour though of using many indicators, but the few we understand well are fine to be based your trades on. Indicators like RSI giving us an idea of overbought and oversold zone are good in my view.

[Md_shobuj]

All of your mention indicator performance are very good. Every new trader should choose their suitable one myself. For his he should try every indicator one by one, in my point of view the best indicator name is moving average and bollinger band stop, I am using this two indicator in about 6 month and get very good result.

[Tanvir]

Indicators are very useful in Forex market. It helps to predict the market. Traders use indicator as their own strategy. But they should choose the indicator very carefully. There are so many indicators in Forex market. I would prefer RSI because it is very helpful and most of the time it gives correct indicate so that I can able to predict the market.

[Akshay]

Every indicator that is available has some strength and the weaknesses.If you use indicators with their strength then it will give you the good result otherwise they will not be helpful to you at all.Also using too much indicator in your trading make your trading system very complex and that is not advisable.You have to keep your trading system very simple that will guarantee your success.

[yasirfx]

There are a number of indicators which are available on meta trader terminal also,these are called as default indicators some of them also very important and their accuracy is very good,but you can test other indicators also which are called as custom indicators there are lot of free custom indicators available free of cost which results are also very good so you can test them also.