Indicator for Beginner...!

[happyrichyyy]

Yea it's good to test each and every indicator, if you wanna use some. And it's better to test the indicators in a demo account as well, and I guess it's good to test one indicator at a time, for certain times of trades, to see how it works, good or not good, then switch to test another one in the same way. However, I guess to test several or couple of the indicators is enough, if you could find something working good for you already.

[moss]

I think revenge attack and megamind this two indicators are best.I use this indicators.I am also a new trader.I am trading with the signal of the two indicators.I think these gives good signals which are effective for opening a trade.You can test many other indicators.I think all will give you different types of effect.You can use any of these.But i think the above two indicators are the best.

[Baby D]

beginner trade must not be used without the indicator is very difficult because in guessing the direction of the market that can help in the Bollinger band trading if it is no indicator of their masters know the direction of trade is good

indeed we should be assisted initially as an indicator, but long after we had we could have forex trading without the use of indicators in analyzing, for me it depends on tradernya respectively.

[Pereira]

the indicators is very important , it gives us all what we need to make one trade , we have many indicators and all we need now is to use only one of them and learn it very well

[Arara]

in order to use the ka koi beginners indicator chahey anyway use karna Island demo se use karna na sikh höga.In order for the demo siokhey a se ga toh main aapne ise trade correctly kamyab kar sakegay.Aur Phir is main bhi aone trade profitable kar sakengey.

[nahial]

Beginner MetaTrader indicator � a very simple custom indicator that displays the local tops and bottoms on the chart with the red and blue dots near them. It analyzes the maximum and minimums on the certain period then compares them to the range, in which the currency pair was trading and if the top/bottom is significant enough it marks it with the dot.

[mahbubkhan]

will suggest the beginners for first time they had to learn the basic indicator. such as prize movement indictor for pairs.

[michel123]

indicator for the beginner is very important .Because you have to know the technical analysis first which is also important for the beginner.Indicator is the most important part of technical analysis.So for the beginner we need to learn about the indicator.

[happyrichyyy]

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.

I guess you can check MA (moving average), which measures the average price of the previous n-periods. For instance, a MA(5) measures the average price of the last 5 bars.

The moving average explained above is called simple moving average (SMA). However, there are also other popular types of moving averages: exponential moving average (EMA) and weighted moving average (WMA). The only difference between the SMA and the other two approaches is the weight assigned to each period. EMA�s and WMA�s assign more weight to the periods that are closer to the current price, while in SMA all periods are equally weighted.

Usage of Moving Averages
Usage No. 1 - As stated before, MA�s are trend following indicators. They smooth out price fluctuations and make it easier to identify a trend. There are several ways in which this indicator can be used to identify the trend:

1 - Location of the MA in relation to price action. If the MA is above the price, it indicates a downtrend is in place. If the moving average is below the price then it is considered an uptrend.
2 - With the slope of the MA. When the MA is sloping up, the market is considered to be in an uptrend. When it is sloping down the market is considered to be in a downtrend. When there is no slope (close to a flat line), then the market is trendless or sideways

Usage No. 2 - MA as support and resistance. Some MA�s are used to establish levels of support and resistance. The most common periods used in MA for this kind of usage are: 50, 100, 200, 144, 89, and 34.

Usage No. 3 - Moving averages as cross-over signals. Perhaps the most common and easy trading system is this one. It consists in plotting a short period moving average and a larger period moving average. When the short period moving average crosses above the large period moving average, it signals a buy signal. When the short period MA crosses down the larger period moving average, it indicates a sell signal.

To read more you can check here.http://www.straightforex.com/courses...view.php?id=76

By the way it's not my site, but just a web site where I visit for tutoring myself.

[rofeq]

if you gather enough experience under your belt then you can trade without any indicator. and as a beginner you can use as MA Bollinger band.

beginner trade must not be used without the indicator is very difficult because in guessing the direction of the market that can help in the Bollinger band trading if it is no indicator of their masters know the direction of trade is good