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    Thread: Are You Wanna To Know Indicators

    1. #1 Collapse Post
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      Default Are You Wanna To Know Indicators

      there are many indicators in forex and in mt4 and mt5. but we do not know about it. they are very helpful for us. if we use them in our strategies they give us 100% good predection on forex. there are many indicators they are famous now these days like RSI, Bollinger Bands, Envelopes, Moving Average , Parabolic Sar.

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      It is hard to guess the trend of currency pairs without indicator. Although mt4 terminal has lots of indicator to use in trading but traders use only few indicators during trading. Because based on market trend, volume and volatility of the market indicators are applied on the chart to know the future movement of the market. So that to avoid misconception we should know which types of indicators are used for which condition in the market. For example for trend detection you can use moving average, to confirm the volatility Bollinger band, MACD can be used.

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