What is the best indicaor in the forex market?

[john smith]

the fact is, i like to actually head to keep the pile on. after we are well by the facet as to the candle is no correct info to back up claim behavior. the report is a good component in numerous tables., h. treatment of open a standard day simply style of pile with respect to actually rates in choose queue behavior within the whole stakes. your post offers a superb income.

[imran16115]

there are too many good indicators that can help to analysis the real trend of market but i take help from MACD,RSI,CCI AND BOLLINGER BAND too and some time i use ZIG ZAG its very good indicators that i used and remember indicators never help you 100% to analysis the market trend so never totally depend upon indicators because some times market goes against the as indicators show.

[sakib2k9]

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.

I always follow indicator signal when i see that there is a straight trend in the market after i get alarm from indicator,otherwise i ignore the signal as false.I think you may not understand when to follow the signal of the indicator and also time frame is a factor,because some indicator works well with time frame M30 or H-1 ,so if you open trade with the signal from indicator and use m5 or m15 chart then you may not get good profit.
I think when we use RSI or stochastic or Rubicon these type of indicator we also should use some easy signal indicator like daily Forex signal or buy-sell indicator.Because daily Forex or buy-sell indicator give directly signal when to buy or sell then we can verify the RSI,Rubicon or stochastic indicator signal and can take the right decision.

[FXSTAR]

I like the list of indicator you mention in your post. There is many idicator all around the web for forex trading. But all of them is not perfect to get a good entry and exit point. But moving avarage and rsi is easy to understand and for study. I think every trader can be able to use those two indicator and those indicator already famous for their analyzing proccess system.

[sajid]

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 as compare to other indicators.RSI , MA and Bollinger band all are great indicator and it always depends upon the trader to know that how to use them and study of the indicators are always necessary because without understanding them you can't use them.

[featurelion]

There are many indicators in forex trading market which is best but we have to choose any indicator among all. I suggest every one to choose RSI or moving averages because the working of these two indicators are really easy as compared to others but if we use more indicators then a trader may get confuse and do wrong trades. So one - two indicators are enough for trading.

[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.

[nasiruddin]

Indicator gives a trader the market condition and by this condition he can analysis and take entry point.there are a lot of indicator in forex market such as MACD,RIS.CCI,MOVING AVARAGE,BULLENGER BAND,TREND LINE,SUPPORT AND RESISTANCE ,FEBO etc.a trader need to use most of this indicator but a trader should not depends only one and should not think indicator gives direct signal.

[imran16115]

There are too many good traders that help to identify the real market trend and i take help from MACD,BOLLINGER BAND ,RSI even CCI. i also use ZIG ZAG . its very good indicator and i take help from all these indicators to analysis the market so that i can put my trades as per market trend to earn some profit and i mostly succeed but never just relay at indicators to analysis the market trend.

[goodmastar]

yes There are actually hundreds if not thousands of indicators that are used in trading but I think all of this indicators can be useful if you know how to use it properly, in my point of view the best indicator name is moving average and bollinger band stop, but 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.

[mudassar]

Trading is fast way of earning but this is risky business some time we lose in trading in some mistakes so inductors are good in trading and many traders use inductor in trading business.
But important thing we want to increase our knowledge about inductors and then select useful inductor.I think rsi and cci is good.

[nsawork]

There are many indicators in forex trading market which is best but we have to choose any indicator among all. I suggest every one to choose RSI or moving averages because the working of these two indicators are really easy as compared to others but if we use more indicators then a trader may get confuse and do wrong trades. So one - two indicators are enough for trading.

Forex traders are faced with the situation where they have to choose from a RANGE of Technical Indicators and do not know which one is good for them. They must see and use any Indicators on the Demo accounts first so that they know how it works and what are the benefits of using this over others.

Only they are the ones which have to decide on which Indicator will be best for them and will give them good income. If their income is not good then their is no point in using that Indicator and they musty change to a new one.

Also i have seen some good results with the MACD = Moving Averages Convergence Divergence as it gives a FAIR idea of the changing market Trends.

The problem with the Moving Averages is that Trading signals are Often Delayed which is why it does not suit Intraday traders

[hitmanben2]

I am not much of indicators because i use classic analysis (Trends, resistances and supports) to open order. but sometimes i use moving average ,and zigzag with Fibonacci.

[was aywaraich]

Uptill now I have used lot of indicators and according to me what I think is the best one is stop loss and reason is that it saves you from big losses you just set a value to stop trade if your money decreases to this point and at that point it stops trading.

[Akshay]

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.