Indicator for Beginner...!

[Ankit]

I am also a beginnner at forex but I USE The following INdicators

1. RSI - Relative strength index - This indicator shows whether A currency is Over sold or Over Bought.
RSI is a common indicator in Oscillator family. It shows graph between 0-100 And it has levels 30 and 70. 30 shows over sold and you can buy at that position but you can add 15 to your rsi So as for good confirmation. And For overbought condition add 85 in your rsi. Then if your price is moved to 85 level then it is signal to sell.

2. Moving Average - Moving average is a good indicator to show Trend. We can simply use simple moving average and exponential moving average to find the trend.

3. Fibonacci Support and Resistance- Support and resistance is very important in FOREX trading. This Fibonacci is used to find support and resistance. If we simply recognize the support and resistance we could simply make some good pips in favor.

If you have more good information about some good indicators and their use then please do tell me in comments.

[sino]

actually in forex trading, no doubt that indicators are not too important for forex market. but for newbies it is important because indicator help to identify the current price movement. at first you can tried all indicator in demo account.

[fxearner]

forex beginner ko yahan easy se easy indicator use karna chahiye kyunki abhi usko amrket me kuchnnahi pata hota,yahan agar trader dheere dheere indicator par practice karta hai to uske baad he wo usko yahan par use kar sakta hai..

[TIMOR]

for beginner is Bollinger band because it is very simple to us or this indicators can show you the strongest support and resistance areas on the chart which we need believe on the basis of each of the vendors.

[fx4somethin]

I think the moving average crosses will be the best . So many traders use several combinations but I thing the combination of moving averages 5,15 and 45EMA is just too much to keep you in the winning level on almost 80% of the trades you place.

[gin]

dear for me I think in forex trading i have no indicator to start forex trading. Just follow the trading rules and market movement start trading. But if you know about forex then i can say, at first know about indicator function and can it help you.

[zani]

dear I think there is no doubt that newbie should always use a indicator that is easy to learn and understand so I think it should be a basic indicator like Moving Averages , Relative Strength Index and Stoch .

[sino]

yes dear in fact I personally think none indicator should be taken a new trader.Forex is a best online business of the world.Analyses with technical theme a and good strategy can be give positive result .So he should be grownup his skill.

[forexlive]

I am a beginner so, i don't know which 'Indicator' is better,
so please help me to find some good indicators,and teach me how to watch that indicators like MACD,AO etc

if any good templates available please post the download link to use @ mt4 platform.

bai saab ji jab app es kam mai new hote hai agar app es kam mai jeh sochte hai ki app es kam mai indicater ki help se acha paisa kama sakte hai fer app es tara se nai kar sakte hai es kam mai pehle app ko acha paisa kama na pade ga fer app es kam mai experience hasal karne ke vad achi trding kar sakte hai bai saab ji forex ek best bussiness hai bai saab ji

[dafi]

yes my dear I actually consider that in forex Moving Average and Bollinger Bands are the mostly used by beginners although it's not all beginners choosing those indicators. Usually, traders will choose one of them and I never found traders who combine Moving Average and bollinger bands as indicators.