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    Thread: Which indicators best mt4 or mt5

    1. #1
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      Default Which indicators best mt4 or mt5

      Hi to all my question ia what is the basic function of indicators and which time is best to use and mt4 and mt5 indicators difference please???


    2. The following 6 users say Thank You to Amjadnawaz671 for this useful post.

      Eshaal (04-29-2019), Hamza390 (05-23-2019), Niazi1122 (05-12-2019), Unregistered (2), Wadda (05-22-2019)

    3. #2
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      the best indicator to use in metatrader 4 and metatrader 5 is the Moving Average indicator, where the indicator is very easy and can be used for analysis in metatrader 4 or 5. so we can use these indicators by analyzing what we do every day.


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      in using metatrader 4 and metatrader 5 we can use whatever indicators we have. it's just that each indicator has its own settings so we can only trade on our metatrader according to the indicators that support it. the default metatrader indicator can certainly be used for trading on metatrader 4 and metatrader 5 because it is already set by default from the creator of the metatrader.


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      Wadda (05-22-2019)

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      the best indicator for trading on Metatrader 4 or MetaTrader 5 is just a moving average indicator. yes it depends on how we do credit because we are in accordance with the way we do it ourselves sometimes need indicators that are enough for us to master and enough we understand thus we will more easily get profit from each signal from the indicators we use.


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      Hamza390 (05-23-2019)

    8. #5
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      Sir in my opinion mt4 indicator is best and we must use mt4 trading application for trading because it is easy to monitor and work. So we must use mt4 and almost every trader use it instead of mt5.


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    10. #6
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      Sir I use mt4 trading application for trading purpose and mt5 forex forum for discussing trading issues to each other and also for creating posts and threads. So we must use these two indicators for working in this forum.


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    12. #7
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      Hello everyone how are you all i have always lrefer mt5 indicator i love this indicator and i always used it for analyis the market trend and i always work accordinh to it and got the profit as well as bonises in this regards ao if you want to get the bonises just use sthe mt5 indicator that is helpful for every one of us


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      Quote Originally Posted by Amjadnawaz671     
      Hi to all my question ia what is the basic function of indicators and which time is best to use and mt4 and mt5 indicators difference please???
      Remember indicators never tells you the future of price it only change the price picture, and can tell you the past price if you use MA, and indicators only helps you to identify the over sold or over bought area, where some traders use MA as support and resistance areas. The best time frame for using indicators are h4 and higher time frames.


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      The best indicator is what which accuracy is great for you and which you learned you most of time with diffrent market possibilities and finally you set one accurate ratio for this indicator which gives you better performance and profit consistanly


    16. #10
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      Sir in my opinion both indicators mt4 and mt5 are best for trading but some accounts are open in mt4 and some are in mt5 and when we create our insta forex account at that time we see our account on which indicator it will open but maximum open in mt4 and maximum people including me use mt4 trading application for trading purpose. So i prefer it because market trend we can easily understand in this indicator.


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      Hamza390 (05-23-2019)

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