What is the best indicaor in the forex market?

[einsamkeit]

i think the best indicator in forex is moving average because mostly indicator other are based on it so i think moving average is good i use it on my 1 minute chart also h4 and daily chart it is 60 periode of moving average and it is really good because we can determind the retracement and i think it is good for everyone for trdarer to make profit

[bendang]

Well...there are lots of indicators for forex traders but they are a bit complicated for new comers.
For newbies, RSI and MACD are the 2 best trading indicators. They are very useful and extremely easy to understand. By following these two indicators, new comers will find it easy to spend few more days safely in the currency trading and as time progresses, they will understated few more indicators as well.
For my self, i"m using ichimoku with ADX.

[featurelion]

There are many indicators in forex market and all indicators are best, we can choose any indicator for trading. RSI, MACD, moving averages, bollinger band. These all are best indicators and gives us large number of pips, but the use of these indicators are very important, we should use these indicators in such a way that we should not be puzzle in deciding the trade. For making a system , i think 1-2 indicators are enough for us. More indicators gives us different signals.

[sekiryutei]

well, that's all the indicators for the technical trading. As for me it's the economic indicator because i can only trade after seeing the data and make sure that i won't loss the money due to the real time change in the economy of the country. it's not like i'm saying other indicators is bad, all are good depend on how they are being used.

[debian]

There are many indicators in forex market and all indicators are best, we can choose any indicator for trading. RSI, MACD, moving averages, bollinger band. These all are best indicators and gives us large number of pips, but the use of these indicators are very important, we should use these indicators in such a way that we should not be puzzle in deciding the trade. For making a system , i think 1-2 indicators are enough for us. More indicators gives us different signals.

Of course, there are thousands of indicators for analyzing the forex market, and i believe that indicator is made good but its impossible for us to try one by one to select the best among of them, for that we just search the indicator is suitable with our strategy and trading style to make our system more perfect and also find the indicator which make us comfortable use that.

For me I am prefer using the moving average indicator to make the analysis of forex market to entry and exit. my style trading is day trading so its suitable for me . and also some time i am combine with bollinger band for filtering the signal from moving average. I think that indicator best for me

[lastnet]

i prefer to trade with candle stick patterns. If we have good and detailed knowledge of candle stick patterns, there is no need of any other supporting indicator. It give perfect signals with high time frame charts. I normally trade with 1 day time frame you need to detect.You must use the combination of multiple indicators to avoid the false signals but using multiple indicators

[ketunFX]

I think the no forex best indicator, because the indicator in forex is a tool which is essentially based movement pda market movement before, virtually indikaror move to follow the market. so there is no indi really accurate and good, because all have weaknesses and strengths.

[petrelsea70]

do not try to depend on one indicators becuase it can be risk i also use indictaors becuase they are much supportive in forex trading.
in technical analysis i use parabolic,zig zad.trend line and bullenger band startegy to get profit but we dont need to fully depend on technical analysis becuase there are also hugh impact of fundamentals which can break the technical rules at anytime

[HIFTAR]

I think there is no indicator with 100 % winnig rate. It depends upon you and you strategy and i don't think that there is a best indicator for a beginner. But as a beginner, there is a lot of simple indicators that you can use that will get you started like the moving averages, RSI, MACD, ADX, stochastics. You can use any of them in our trading.

[wickybaba]

The indicators that you've got represented area unit excellent indicators and among of them I even have hardly used 2-3 indicators its as a result of i forever use custom indicators, but RSI , MA and Bollinger band all area unit nice indicator and it forever depends upon the dealer to understand that a way to use them and study of the symptoms area unit forever necessary as a result of while not understanding them you cannot use them.

[suntek]

Technical analysis is a fundamental element of dealing.. moving frequent selections are one of the best symptoms that show whether a design ..using candlesticks together with the provide an excellent perspective of the market. There are many indicator we get but some time indicator provide false signal as a result we are derail.

[janknoah]

The best indicators are those which majority of traders are using, and basically they include the relative strength index which some times act as trend indicator, but it is an ossicilator, the the macd, it is a pure trend indicators, so at every point when the trend line is inside the histogram it is a clear indication to sell or pair, then the normal moving average.

[anowarul]

indicator is a kind of tool for forex trade. it gives us signals to us about the currency. it says us about currencies ups and downs. there are so many currencies for trade in forex. they are rsi,cci, moving average, channel, zig zag, bullenger band, ma, macd etc. but i think bulleger band, ma and macd are the best indicator for forex trade.

[ajoy]

all of the indicator is important for the Forex business.This indicator help our business.all of the indicator i like to use for trading in Forex,but most of them i like zig zag indicator best.I think it help me while i do scalping.It give me a previous massage about the market.

[jashimbd9]

there are some default indicators in metatrader 4 trading platform they are very good and 100 % perfect worked indicator number 1 , 3 , 5 is beast indicator and if you want you can try crocodile indicator that is tested by forex community and safe indicator