Every month there is a thread in this section where a member ask which trading strategy is the best for them. 95% of those threads got deleted/merged/not approved.
Well, first of all there is really no the best technical indicator "for everyone" because every trader is different in their personality and background so they need different thing to fulfill their need in trading.
Secondly, this forum is filled with a lot of technical indicator that can make profit. Which one is the best for you? To be honestl, I don't have a clue. However, I can point you to some references that might be profitable for you and I will mention them at the end of this post.
Last but not the least, before you begin using the indicator that I will tell you please use it in demo account first to know how it works and how you can benefit from it. If you see that it's good and can make money for you in demo account then you can continue using it in your real account but if you can't make profit then you can try the other indicators. Do you understand?
A technical indicator that can make money for a trader is the one that is "proven" to gave benefit/profit the traders. Here are the technical indicators that the winners of our trading contests (used browse the thread below and go to their contest thread and see what they are using):
List of All MT5 Forex Forum Trading Contest Winner.
Here is the list of people who are making money in our forum (just ask them what technical indicator that they used; be warned though that some of them might be willing to tell you what they used but some others might not be willing to tell you):
Payment Proofs (2)
Payment Proofs (3)
Payment Proofs (4)
Payment Proofs (5)
Payment Proofs (6)
Payment Proofs (7)
Payment Proofs (8)
Payment Proofs (9)
Instaforex PROOF Of Payments (No Discussion, Screenshot Only)
Instaforex PROOF Of Payments (No Discussion, Screenshot Only) (2)
Instaforex PROOF Of Payments (No Discussion, Screenshot Only) (3)
In MT5 Forex Forum we have compiled a list of every technical indicator thread that we have in our forum and here is the thread:
INDEX of INDICATORS listed on MT5 Forex Forum.
I hope those of you who are still asking "Which technical indicator is the best?" will come to this thread first before opening or asking that question.
Best of luck,