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    Thread: RSI is the best indicator in mata trader 4

    1. #11 Collapse Post
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      There are lot of indicators are used in mt5 and mt4 for trading and all inductors are very helpful for us means RSI and macd and also other inductor are available but before using all indicators you have to good knowledge and information and experience about indicators and most common indicators are used in forex trading is RSI this is the most important and valuable and easy to used indicator


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      Indicators display the strolling of price action movement which happened before this. My apprehension with regard to oversold condition and overbought condition of price action in the metatrader4 trading platform is that I can not depend on merely RSI to understand reversal condition of price action. Combination of Stochastic Oscillator with RSI and BB is very fine with a view to understand reversal condition of price action. Also, expression of CS apprehension in combination with previously mentioned indicators is extremely helpful to take a decision for trade opening or trade closing.


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      not saying this is the best..but it is one of the most useful indicator that easy to know the trend and what to focused on


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      Default Indicators on mt4

      Quote Originally Posted by kashifalix     
      hello dear friends how are you all , as my research i think in mata trader 4 platform there are a lots of indicators are free and we can use anyone for make our trading chart easy to understand , but in all of them i like RSI , and i think not just me All experts Also use this signal and earn money , what is your favorite ?
      I prefer moving averages.


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