Which indicator you use and why?

[Anne Morris]

Using of indicators is often very common, so which indicator do you use and why? I love to try various indicators especially thanks to OctaFX for allowing me the space for it through their demo contest like cTrader and Champion where I can practice regularly with various stuff. I mostly prefer using MA for getting right on the trend and SAR for exit, it’s something that really works well and enhances our chances as per success gaining is concern for me.

[Upul Tharanga]

Well, I think there is no fixed indicator, as I mostly try to work around the situation, as according to that it’s easier to work out right system. I always make sure that I plan well, as that is how one is able to make profits regularly. I feel very pleased under FP Markets since their wide range of setup helps out on with everything. I feel extremely comfortable here with their transparent setup along with educational guidance and many top notch facilities that counts out for help in terms of profit making even without using of indicators.

[radex78]

Sometime any trader that already on desperation when they trying many kinds indicator but still often facing with failure, then they back to trading with simple analysis based on price action and candlestick pattern, there are some trader that able making good profit with this system trading

[myregister]

Indicators for each trader are different to each others. If you are news based traders or trade which depend on fundamental analysis then you will prefer news as your indicator or even some rumors about the result of some speech and economic data. I use news as indicators, since i see that is one of the most accurate indicators you can find and it is more reasonable and also the motor of 90% fx movement.

[radex78]

Yes some trader might they use bolinger band and another trader might using ichimoku kinko hyo, and many other indicator on forex, and all indicator created as help tool all trader to analyze the trend market but however no perfect indicator and we can using risk management on trading

[aliforex]

Yes some trader might they use bolinger band and another trader might using ichimoku kinko hyo, and many other indicator on forex, and all indicator created as help tool all trader to analyze the trend market but however no perfect indicator and we can using risk management on trading

Means traders should be able to learn about the indicators as well as possible to make us better understand and master correctly, so that our analysis more easy to run,

[radex78]

Means traders should be able to learn about the indicators as well as possible to make us better understand and master correctly, so that our analysis more easy to run,

There are some trader that use ichimoku kinko hyo and they can making good result,but not sure if another trader although using same indicator but result that obtained can be vary because each trader having different amount capital and also lot size that used and especially psychology trading

[myregister]

Ichimoku is pretty good but you need more indicators to combine with ichimoku, mostly traders i saw use MA or RSI or Stochastic, few of my friends said those 3 are the indicators which pass the test of time. My only indicator is news, that is one of the oldest and actually accurate indicator to trade, the higher accuracy makes it more appeal to me.

[pepy]

Ichimoku is pretty good but you need more indicators to combine with ichimoku, mostly traders i saw use MA or RSI or Stochastic, few of my friends said those 3 are the indicators which pass the test of time. My only indicator is news, that is one of the oldest and actually accurate indicator to trade, the higher accuracy makes it more appeal to me.

I still prefer Moving Average which is better in many aspects and don't worry that is not the only indicator which i am using right now, because there are some indicators to accompany me such as Stochastic and RSI. When just use one indicator people usually mislead their own analysis, but with more indicators that would give a clearer result.

[bearhugs]

There is not a single indicator which I am using for my trading work. It depends on the market what indicator will work for me. I always keep changing the indicator settings to try new trend and work.

[pepy]

There is not a single indicator which I am using for my trading work. It depends on the market what indicator will work for me. I always keep changing the indicator settings to try new trend and work.

The same is happening here my friend, i also use more than one indicator for my trading and it is all depend on the situation but mostly is the combination between those two. I think by having multiple indicators a trader will be more flexible when analyze the market, they will reach more objective view and able to take better decision.

[myregister]

The same is happening here my friend, i also use more than one indicator for my trading and it is all depend on the situation but mostly is the combination between those two. I think by having multiple indicators a trader will be more flexible when analyze the market, they will reach more objective view and able to take better decision.

The best indicator of course fundamental indicator such as news. Mostly the reason why people do buy and sell because they see there is something which could affect their investment in short or in long term. Imagine Fed rate news? That is a very big news, just few points changed then people start to make its movement and to speculate.

[aliforex]

The best indicator of course fundamental indicator such as news. Mostly the reason why people do buy and sell because they see there is something which could affect their investment in short or in long term. Imagine Fed rate news? That is a very big news, just few points changed then people start to make its movement and to speculate.

The indicators that we run in forex business is one of the things we should be able to run well in order to and able to make our way of work increasingly understand and indeed with we can master it correctly, then we can gain advantage with both

[sakura]

 

The indicators that we run in forex business is one of the things we should be able to run well in order to and able to make our way of work increasingly understand and indeed with we can master it correctly, then we can gain advantage with both

 

In running the trading is indeed the most important we must be more able to understand to run trading properly and correctly. And beginner traders suggest to always have such learning with FXB Trading demo account in preparing everything to run a good trading

[pepy]

The best indicator of course fundamental indicator such as news. Mostly the reason why people do buy and sell because they see there is something which could affect their investment in short or in long term. Imagine Fed rate news? That is a very big news, just few points changed then people start to make its movement and to speculate.

News is one of the best and not the best, technical indicators are fine too and i think you've never try that before, right? Sentimental indicators also pretty good indicators based on the real time data. Fundamental aka economic news indicator are good but sometimes people irrational and render this strategy obsolete.

[myregister]

News is one of the best and not the best, technical indicators are fine too and i think you've never try that before, right? Sentimental indicators also pretty good indicators based on the real time data. Fundamental aka economic news indicator are good but sometimes people irrational and render this strategy obsolete.

For me news is the best indicator to choose, I know the rate is not that high but in most case it is proven to be a successful strategy with a good risk management then it will be a great tools, also if you are typical trader who doesn't want to stay in front of computer for quite long time, news based trading could be a great indicator..

[pepy]

 

The indicators that we run in forex business is one of the things we should be able to run well in order to and able to make our way of work increasingly understand and indeed with we can master it correctly, then we can gain advantage with both

 

But what kind indicators which we should have here? News is of course that i will choose but still, i need technical indicators to give me more accurate signals, this is just as trick to know when is the right time to open a position and close it. It is all purely based on technical analysis but for the bigger pictures, i still depend on fundamental indicators such as news.m

[tauf]

The indicator most often used by me is a moving average, to see the trend of the accumulated price movements based on a reference time then compare between the average value of the price that is being run with the average value of previous period

 

 

 

 

 

[myregister]

So technical indicators, isn't it? Good enough i lately praise technical indicators for its accuracy but not just because it is the only one because you need to combine it with the other compatible technical indicators like MA is good with RSI and MACD, also use fundamental indicator as the mainline to see where the trend will go.

[aliforex]

So technical indicators, isn't it? Good enough i lately praise technical indicators for its accuracy but not just because it is the only one because you need to combine it with the other compatible technical indicators like MA is good with RSI and MACD, also use fundamental indicator as the mainline to see where the trend will go.

the indicator is one of good support for analysis, because it can help simplify the movement, so we can more easily predict the price, and the most important is the indicator is one that is often used,

[myregister]

If what you means as technical indicators then it is depend to who use that indicators, but in big and decentralized market i am surely will stick to fundamental analysis as my main indicators, it is accurate enough(well not 100%) to cover most of my losses because my lack of discipline. Well technical is good too but it is good as minor indicator or as complementary to my fundamental indicator.

[bearhugs]

I like Bollinger or macd to identify the trend, but placing plain Support and Resistance lines and fib I find the best to base my entry. Moving averages are something that I need to check the direction and strength of currency trend I'm trading on.

[francmorio]

When it comes to Binary, I use a combination of two indicators, I use Stochartic and RSI,, this are the best for scalpers,,My broker freshforex offers tons of other valuable indicators, but these two are more ideal

[aliforex]

When it comes to Binary, I use a combination of two indicators, I use Stochartic and RSI,, this are the best for scalpers,,My broker freshforex offers tons of other valuable indicators, but these two are more ideal

every broker does have many facilities that are easily managed and used by traders, of course, in forex traders must be nimble in understanding, the ability needs to be improved in order to better master, because in instaforex also provides many facilities that can be utilized properly

[Squirrel Nuts]

Yeah, and to harness that abilities you need to have a proper amount of Demo Practice, as without practice nothing could be achieved.