Uses Of Indicators Back to list

Member SinceJul 08, 2021

Posts 155

Kihn

Sep 10, 2021 a 12:18
I find indicators to be very helpful in understanding the market situation. Being a newbie and trying to learn the world of Forex, I am not currently using indicators, but it is very much true that without indicators we cannot understand the market movement, thus we need to use indicators for our own benefit, and also it gives us lots of advantages regarding trading. However, how the users use and profit from it completely depends on them.

Member SinceAug 09, 2021

Posts 197

Hightrade

Oct 14, 2021 a 05:57
The use of indicators is a common practice when implementing any new model in order to judge its success. When choosing the "best" indicator, it is important to know what data is being tracked and how that data will be analyzed. It's also important to know the company's goals and compare them with the indicators you are using. If done correctly, indicators can be an effective tool to measure success.

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