What is the best indicaor in the forex market?

[teemoney1704]

the best indicator in the forex market is the candle stick because it is the correct representation of the market prices and when you have the correct representaion of the market prices in the candle formation do you still need to go and start looking for another indicator to use in generating entry signals into the forex market?doing that will amount to a waste of time and knowledge.

[ayushsrk]

all indicator is good, you just need to master it one, and you can become success in forex trading. All indicator have strength and weakness, so if you looking for best indicator so will not find that, to cover weakness from inicator you can use money management so even when you lose you already calculate that in your trading plan.

If a trader has understood the market well and is well known to how he should be using these indicators then he will always manage to make some really good sums of profits in his trades.But if unfortunately the traders lack the proper analysis and understanding of the market then there comes a high risk and chance that these traders might never really manage to make any profits at all no matter what indicator they use or how many they use.For any traders if there is one thing that proves majorly important then that is to firstly analyze the market well.

And if a trader lacks in analyzing the market then he has absolutely no chance to be making any profits here in the trades.Most of the traders here in the trade market lack in proper analysis of the market and therefore lose here no matter what indicators they use.So a trader should not really focus on just indicators they also need to have a proper understanding of the market first of all and then only he can become able to understand the market and its movements shown by the indicators.

[OnlyGainer]

I think moving average is the best indicator. We can use other indicator with the combination of it. And also I like another external indicator which is known as trend signal version 2. I have uploaded it in this forum. But I don't use none of them. Because they proved to be wrong to me, and I faced a huge loss following them. After that, I left them forever.

[surfingx]

I guess all the indicators give similar results. I used to use a lot of indicators for trading, because when I was new to the world of forex trading indicator I think that would give certainty to be profitable in forex Traidng. but slowly I was able to be independent from the use of certain indicators until now I can finally be naked trading without indicators.

[rookie001]

The best indicator in forex is price itself. So if you trade the price itself it would be a lot better. Don't forget to compare your indicators with the price, see where is the confluence between them and where is the divergence. If you able to decipher out the difference in depiction of market's happenings in the price action you can easily trade the price and compare the signal with the price itself to decide whether you should take the trade or not.

[sample]

for me the best indicator is rsi and renko shart and ichimoku
the ichimoku is the best trading system if I understood well
aasy analysis and a clear vision ضnd enables you to early entry

[vic3]

There are many indicator in forex market and many people use them .Some famous indicators are given below.
1. rsi
2. cci
3. moving avarege
4. channel
5. zig zag
6. trend line
7. break out box
8. bullenger band.
9.Rubicon indicator
I use Rubicon indicator that helps me to get perfect take profit and stop loss and i follow the instructions and get good profit so share your experience to help others.

I use a combination of several pivot point moving average with. As a scalper I certainly do not want the number of pips that too much (even though that's what we all expect), in every position that I go, I just hoped to get 2-5 pips. I have a rubicon indicator, but I failed to try to use it. Will you share the rules and how to use this rubicon indicator? Would be very useful to other traders in this forum.

[poncoez]

My spouse and i conceive all of this indications can be reclaimable should you your bed to utilize this effectively. Along with all of us are unable to state just one signal will be outgo compared to otherwise newness dealing signalize since we have been applying antithetical dealing with process and it's really actually sensible for people for you to applying distinguishable indications even though dealing with along with because of this, this depart provide all of us numerous dealing final result too at the same time.

[zaibi]

I dont know much about it yet because im a newbie,, and im in learning process,, I need time to be perfect,, anyways I heard about most of the indicators but I heard moving average is a best indicator from all.

[fxscalper]

i did trading with equidistant channel and used BB, they are enough for me to analyze the market and make a decision, they are simple and easy to understand, with them, i can indicate the trend, support resistance with dynamic , entry point and also exit point, and the keys for me, i used all time frames too, and my opinion no matter for what methods or indicator we use for trading, and as long as we can master it, all will become the power for us and make it profitable

[midook]

All these indicators are famous for there trusty and precise in shaping but i use exclusive maximum of tierce in my trades because then i undergo where to concentration and using a lot of them at once is tangled and you can also recede your cogitate if using a lot of them.Using sextuple ones up to extremum of 3 indicators is advantage.I use Bollinger streak indicators because it is very sure and my trades would be sketchy without it.

[shamimforum]

There are plenty of good indicator available in the market .Every trader have their own view and own style about any indicator.

All the indicator that you mentioned above like
1. rsi
2. cci
3. moving avarege
4. channel
5. zig zag
6. trend line
7. break out box
8. bullenger band.
9.Rubicon indicator
are performing very well.
Every new traders should have choice their own .But my opinion is without any indicator there is a chance to get a very big loss from the market.

[dkarev]

they are lots of Forex indicators that one can use when trading but i guess the ultimate is for one to understand the use of all this indicators, regardless of how the indicators might be good if we don't understand the use and know why and when the indicator is telling us to do something,it better we don't use them, that's why we are always advise to study with the demo account,indicators are path of what we to study when trading the demo account.

[bejo09]

I think it's all good indicators, so that determines whether or not an indicator is our understanding as a trader on the indicator. Now I always use indicator Bollinger Bands and moving averages, because these two indicators are the easiest I understand.

[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 and you need to detect.You must use the combination of multiple indicators to avoid the false signals