use indicator is very nice. i think one can learn it by many way. many web site help trader to learn it. but better is use at least three indicator. then a trader can find the future market trend. its possible if he know better to do analysis.
use indicator is very nice. i think one can learn it by many way. many web site help trader to learn it. but better is use at least three indicator. then a trader can find the future market trend. its possible if he know better to do analysis.
i think if you need to use any indicator so first need to know what indicator your use and why your use it, and what benefit for the using the indicator after then you can use the decide indicator for your task. so many thank for the share.
all the indicators have the different characteristics to use them well so if you like to know about the i-regr then I can say that when the price will touch to the boundaries of this indicator then you should know that now the market may move back
indicator is used when we are going to start trading and to achieve the desired kitta, indicators in use properly it will generate high profits.
The first thing to remember when using an indicator, any indicator, is that it is a function of price action. The indicator itself is not the ultimate tool when it comes to trading…it comes in behind price action. Price action governs the information that the indicator will ultimately provide on the chart.
Price action is Indicator #1.
As such, a trader must determine what price action is doing (i.e. the trend) before consulting the indicator for an entry signal. Once the trend is determined, the trader can then consult the indicator for an entry signal in the direction of the trend.
Now, let’s take a look at the 1 hour chart of the EURGBP below…
First of all we note that the currency pair is in a downtrend. We know this because on longer time frames, the Daily and the 4 hour, the pair has been making lower highs and lower lows which signify a downtrend. Also, on each of the charts, the pair is trading below the 200 SMA. Lastly, when we do a Strong/Weak analysis, we find that the EUR is weak and the GBP is strong. Given each of those pieces of information, we know we want to sell the pair since that is the direction of the trend and that will be the higher probability trade.
Now, let’s take a look at the indicators on the chart.
The three indicators that we have on the chart are oscillators…Slow Stochastics, MACD and CCI. In a downtrend, the entry signals for a sell from each indicator are as follows: Stochastics – when the K line (blue) crosses over the D line (red) to the downside; MACD – when the MACD line (red) crosses over the Signal line (blue) to the downside; and, CCI – when the CCI line crosses below +100.
As can be seen on the chart, each of the indicators provides a sell signal at virtually the same time. So, given that, which one of the three is the “best”? In my opinion, in this key area they are all the same. They all provide the same signal at the same time. The choice will depend on the one that each individual prefers.
As in the case of so many things in trading, there are no absolutes.
To determine which is the best one for you, we recommend that traders simply try all three individually over the course of many trades (100+) before they decide…kind of like test driving a car before you buy. Once you make your decision on which you like the best, stick with that one and discard the other two. Having all three on a single chart would be redundant.
Hey bro, I don't know if you got your ans in this tread still now or not but Yes I also agree with you. I have many indicators in my collections but I didn't received any instruction files with that (no word, no pdf). This is also my question is anyone knows where we can find about the use and characteristics of ecah indicators available in the market? Or is there anyone who can open a new thread where we will learn and discus about the use and characteristics of indicators.
there are so many indicators for forex trading analysis. it is quit difficult to explain all those here. but there are so many instructions and explanations of the indicators in the web. you just search the web using google. write the specific sentence in the google search bar and search. you will find thousands of explanations there and you can pick one which is easy for you to understand.
Koi bhi indicators ko use karne ke liye trader ko pehle iske bareme puri tarah jankari leni chahiye jaise ki woh signal kaise deta hai, up or down kaise pata chalega aur trader uska use koun se time frame me karega to usko jyada fayada hoga, yeh sab bate indicators download karte waqt trader jan sakta hai.
The way you can use EMA is same as using MA. you can use the cross overs. When ever the short term EMA/MA line from the below you can buy. If it is crossing from the above then you can go short. But personally i prefer to use EMA 10, and EMA 50 . EMA is better than MA as it focus more on the recent price action.
I use moving averages in the trade I did that because I've been with in combination with Bolinger bands and some other indicators to follow the shape of the moving average looks down or up to ensure that the current market conditionsQuote:
Originally Posted by sasa0220
in the business world of forex trading is the accuracy in determining the absolute price option that should be done by forex traders. then to assist traders in determining the choice usually requires indicators that would be helpful, there are many indicators available in the world of forex trading. and usually the merchants have their own ways and tricks that will help in determining the decision. for proficiency in reading indicator does require practice. multiply demo account. good luck.Quote:
Originally Posted by bigearners
Brother many people use different types of indicator in different ways macd is good but you can't just trade with one indicator you have to combined 2 or 3 indicator to trade successfully. EMA SMA is good but a very very useful indicator will be bollinger bands. If you can learn how to trade with bollinger bands then there are a lot of chance that you will be winning more trade then loosing.
ye bat to bari mushkil hai ke indicators ko samha aur use kaisy kia jaye. Sab indicators ki readings different aa rahi hoti hain aur kabhi to ye kafi confuse bhi kar dety hain aur ham koi bhi dirextion define nahin kar paty.
i think you should try one at a time indicator in the demo account. there are some good built in indicators in mt4 itself you can try those and find out which suit you more and use that in your trading .you can prefer moving average indicator.
Bhai indicator use karna bhi hume sikhna padta hai, ye aapko khud hi sikhna hoga, aapko pahle indicator ke advantage aur signal identification ke liye Article read karna hoga, aapko samjhana hoga, lekin har baar signal true nahi hote hai, ye bhi aap dheyan mein rakhe, kafi practice ke baad aap indicator ko sahi se use karna sikh jayenge.:)
There are several indicators that can be used in Forex Trading.
And it is up to the approved strategy and plan in place, though there are three indicators used by the majority of forex traders, and but Amkinkk be used more or less, this is up to you and your style in Altaalm with legislators in itself.
But on the one hand you should use indicators let you know market trends present and future, but on the other hand you should not hold yourself a lot of indicators that might disturb you.
forex need to luck for trading..Look you don't know what is the meaning of analysis and from proper analysis trader can earn good amount of pips. Without knowing about forex and one who says that forex is depend on luck he/she can't be forex master.
sahi kaha bhai aapne, indicator ko real trading mein use karne se pahle us indicator ke bare mein pata hona chahiye, lekin totally indicator par depend nahi hona chahiye, agar indicator ke saath candlestick combined kar de, to achcha result milta hai.:)Quote:
Originally Posted by Jack
There are several indicators that can be used in Foreign exchange Trading.
And it is up to the approved strategy and plan in place, though there's indicators used by the large majority of foreign exchange traders, But on the hand you ought to make use of indicators let you know market trends present and future, but on the other hand you ought to not hold yourself plenty of indicators that might disturb you.
using a indicator in forex is very easy. it required good knowledge about how the indicator work. without knowing the indicator it will be hard for us to predict the market and trade. when one try to used an indicator he need to copy it the expert advisor folder and used then in trading. we must take care that the indicator provide false alarm many time.Quote:
Originally Posted by bigearners
the good indicators in the market will show us the good results of the market and may be sometimes the indicator is giving us the false movements but mostly the indicators will give us the good movements
it is not easy to use a indicator if you do not know what is the work of this indicator and how does it work ? it is very important to know the basic information about an indicator .only then we will able to use it.:)Quote:
Originally Posted by muna1982
dear broother there is alot of indicator ap kon sa indicator use karna chate ho aur kise ye sab ap yah nahi sekh sakte hai mien ap ko bibyschool ka kaho ga waha ap ja kar ye sab sekh sakte hai aur indicator ko use karne ka tariki bhi jan sakte hai yaha per ap ko koi khass nahi sekha sakta hai kyun k us k aik lamba procedure hai.
bhai indicator bahut hai, lekin sabhi indicator achche nahi hote hai, kafi indicator mein se hume ek achcha indicator ko select karna padta hai, aur us indicator ka sahi use karna sikhna padta hai.:)Quote:
Originally Posted by kashif9760
i will suggest for the new trader . means trade without indicators just use candlestick analysis and support and resistance. it will be very helpful for understanding the market movement.
sb indicator achay hotay hain.lakin hamain sirf kuch indicators ka use hi ata hai .es liyay hamain sirf un indicator ko hi apni trading strategy ma use karna cahiyay .aur us sa hi earn karna cahiyay .:)Quote:
Originally Posted by dareking
main bhi ap ki baat sy agree krta ho kio k moving average MACD ak boaht helpful indicator hy but main to sath main bolingerband bhi use krta ho or is tra main trend ko jantaho is main indicators ko just follow krty hoa ap apni strategy built krty ho or market ko use krty ho
in dono indicator ka combination hamain buhat achay signal daita hai.lakin es k liyay buhat zaida practice bi cahiyay hoti hai.agar ap k pas achi practice hai tu fr ap es combination sa acha sognal hasil kar saktay k trade kar saktay hain aur earn kar saktay hain.:)Quote:
Originally Posted by pooshpa
It is very very easy to use indicators, we only add them in mt4 or mt5, after that we can use them. But it is very difficult to use them for making profit here, we must learn how to use them exactly to make profit.
asal main forex main sab sy ziada helpful ap k news bhi hain or is main indicators bhi mager main indicators ko use krta ho kio k ager ap ko indicators sahi trend show kry to us main trade kro jaha tk to inky work krny ki baat hy to almost all indicators thek hoty hain but ap per hy k ap kis ko follow krty ho or kis per study krty ho
bhai news bhi ek achcha option hota hai trading ke liye, magar news par kafi trader wrong trade bhi open kar dete hai, news har baar sahi nahi hoti hai, isliye technical par bhi thoda zor dena jaruri hota hai.Quote:
Originally Posted by zaish
news time ma wohi traders wrong trade open kartay hain jo k market ki analysis k begair trade open kar daitay hain. jab bi koi news release hoti hai tu hamain us ka actual data daikh kar trade open karni cahiyay .:)Quote:
Originally Posted by dareking
main to yahi samjhta ho k ager ap ko indicators ko use krna hy to ap is ko study kro or jis indicators ko ap samjh pao to ap usi ko use kro or us per work kro kio k indicators sab hi helpful hoty hain bus jis ko ap smjh pao to usi ko ap use kro or usko follow krty oa marekt trend ka knowledge gain kro then ap sahi indicators ko use kr pao gy
I am not using MACD indicator because I do not know how properly used this because I do not accurate for me that is why I don not put this in my chart. Maybe it is good if it is combined with other good indicators like stochastic or RSI.
the way we use indicator is different for each indicator but if we are understand how
to use indicator we can make profit in our trading but we have to make money management too.
the use of all guage consequently you need to comprehend about this selected guage, a few of the details meant for utilizing the guage, a few of the features during this, whats is certainly characterization together with common used forex trading. any guage is mainly put to use as the word of caution to your assignments.
indicators contained in ato MT4 platform we use sebbenarnya are basic indicators used by most traders in the world, but most people change the indicator to match the way their trading, if they trade in a way scalper then they will combine several indicators in order to make it more accurate and make the tools for greater profit. indicators that many people use is RSI, ADX, fibonanci, volume. because the indicator is able to read the market conditions.
i think dont depend on the indicator only...... because you have to do news analysis first.... then make relation with your news analysis and indicator to understand the market movement and predict the market.......
ak hi indicators ko boh se ways se use kia ja sakta hay. is ka koe particular way nhi keh ap ko define ker keh bataya ja sake. aor indicators ka use ap ki trading strategie pe hbi depnend kerta hy keh ap ki trading strategie kis tra ak aor kis level ka indicator use krati hy.
In forex there is many indicators and there is also instruction with them. Bro i will suggest you to read them frist then you will able to learn the indicators and can learn the trend line.