Community Forex Questions
There are many reliable technical indicators
There are reliable technical indicators like MACD, Moving average and Bollinger band, etc are few of them. I think the use of indicators is very important. Choose one, two, or three indicators and learn the all aspects of indicators. Test them on a demo account. Do backtest for them. And analyze the result. Not all the traders find all indicators useful. Some understand MACD more and while other like Bollinger Band.
For me it is the best stochastic with levels 20 and 80. If the price is at 20, it buys, and when it is at 80, it sells.
Yes there are quite a few indicators that can be used. The ones you mentioned are quite good, especially the Moving Average, and I would add the Relative Strength Index and the Momentum Indicator.

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