The use of forex indicators Back to list

Member SinceJul 08, 2021

Posts 155

Kihn

Sep 17, 2021 a 07:49
To use indicators in forex, we first need to understand their function and the information they provide. When we don't understand how the indicators work, we can't use them as guidance in trading. If traders plan to use specific indicators, it's important to gather necessary information before using them in live trading. Try it out first in a demo account.

Member SinceJul 12, 2021

Posts 182

meni78

Sep 22, 2021 a 15:03
Since there are so many indicators one can use it is quite normal to feel a bit overwhelmed. I suggest, as you also mentioned, to try to understand how an indicator works so as to be better able to see what it is indicating and how you can act on that info to the best of the opportunities available. It is better to start slowly and gradually increase the number of indicators.

Member SinceSep 24, 2021

Posts 6

roman75

Sep 24, 2021 a 14:18
I think that the indicator is the basic tool of every trader, without it I cannot imagine my trading.

Member SinceSep 27, 2021

Posts 3

octavio

Sep 27, 2021 a 04:07
The indicators, if we know their functionality, can be of great help to us, and the change indicators facilitate decision-making in changes of directionality.

Member SinceJul 12, 2021

Posts 136

Fiba

Oct 11, 2021 a 16:37
Forex indicators are an important tool for traders because they provide predictive signals about the direction of price movement. These signals come in two forms: trend-based and time-based. Trend-based indicators measure the magnitude of recent up or down price movements, whereas time-based indicators, like moving averages, measure the rate at which prices are changing

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