There are many reliable technical indicators

[Edward Peterson]

There are many reliable technical indicators. MACD, Moving Average, and Bollinger Band etc are few of them. I think the use of indicator is very important. Choose one, two or three indicators and learn the all aspects of those indicators. Test them on demo account. Do back test with them. And analysis the result. Not all the traders find all the indicators helpful. Some understand MACD more while others like Bollinger Band. So you have to find your own edge.

 

[Shallen Berry]

There are many reliable technical indicators. MACD, Moving Average, and Bollinger Band etc are few of them. I think the use of indicator is very important. Choose one, two or three indicators and learn the all aspects of those indicators. Test them on demo account. Do back test with them. And analysis the result. Not all the traders find all the indicators helpful. Some understand MACD more while others like Bollinger Band. So you have to find your own edge.

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[playerno1]

Im working with RSI and parabolic sar. If rsi over 70 and parabolic indikator ist over the chart --> short

 

[spirit]

the most importend thing you have to analyse the charts for the trend and then start the ea in that trenddirection. and dont forget to monitor the ea every hour and install an e-mail alert if the loses are over a selected level.

 

[Cookieman]

Rsi is most effective free indicator that you can get.. Rsi2XMA is best indi ever

 

[pranj007]

Im working with RSI and parabolic sar. If rsi over 70 and parabolic indikator ist over the chart --> short

same i used Im working with RSI and parabolic sar. If rsi over 70 and parabolic indikator ist over the chart --> short

 

[James Olumide]

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[fede]

There are many reliable technical indicators. MACD, Moving Average, and Bollinger Band etc are few of them. I think the use of indicator is very important. Choose one, two or three indicators and learn the all aspects of those indicators. Test them on demo account. Do back test with them. And analysis the result. Not all the traders find all the indicators helpful. Some understand MACD more while others like Bollinger Band. So you have to find your own edge.

I think that the market is unpredictable. An indicator can follow a strategy that most market operators use, but even in this case there is a margin due to economic news and fundamental factors because otherwise forex would only follow a technical logic. The market variables also operate on the basis of the principle and economic logic due to monetary and economic policy of each country. Is very important to have a good risk reward ratio, a good strategy and discipline. Moreover, the markets are affected by institutional, banking and company investments.

 

[broforex]

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[fede]

this is commercial advertising content. This thread has a specific object and it's not commercial.

 

[bradiae]

Rsi is most effective free indicator that you can get.. Rsi2XMA is best indi ever

Can you post indicator

 

[Sherverty]

echnical analysis is the best thing one can do for forex trading. Because for fundamental analysis you need to understand the economy very well. Whether it is day trading or scalping or swing trading, technical analysis is the key to decide the entry and exit point. But for overall success emotions management is very important.