sahi kaha aapne trend samajh kar us par amal karte hue chalna bahut jyada faydemand hota hai kyonki trend hi market ke direction ko decide karta hai agar trend hi pakad liye to market ka movement aasani se mil sakta hai.
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hello for all yes me too i prefer the indicators for trading in the metatrader because its interessing for the beiginers and its some profitable an thanks for your thread
the experience both of moving average are usefull for me, because MA 20 and 10 can help me to show major trend and small MA help me to look minor trend and the smallest MA help me to show timing for entry position.
trading indicators are very helpful during trading and when you trade without indicator like what i was doing trading in the beginning and i was fail to reach my goal and i was enable to earn good money. i was earning but some time i was unable to earn a single dollar so i think indicators are very important
moving average is the best indicator for me i like to use the moving average indicator for trading in the Forex trading platform i like to use the 60,15,5 moving average for trading and they are very very useful for making trend confirmation
It depends on what you are looking for. Usually you should use a combination of moving averages to get your buy and sell signals. The setting of your moving averages differ from trader to trade. As a rule I use 50EMA with 30 EMA crossover for my trades. When trying to determine if we are in an uptrend or down trend that is when I use the 200 days moving average.
each one prefer specific indicator and these depend on your strategy you follow so before using any indicator you should try it on demo account to ensure that it is suitable for your startegy.
MACD it is a great marker and it is prevalent, yet i encourage you to utilize more markers for your examination in top pick coin sets market developments and expansion your benefit level.you must be cautious in entering part sizes and timing patterns.
MA 50 and 200 i think is only match in bigger timeframe like hourly timeframe. But for short term trading in small timeframe. I think using the 21 and 30 MA value is best choice since the accuracy is better and the reaction is good too, Using 50 MA in small timeframe is to hard to read.
the indicators just give the previous trading history and a prediction that what may occur in near future. some take decision on the basis of this indicators but it is really wrong. all the time take decision on the basis of the analyzing of the situation.