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Indicator is vary helpful for trader. Indicator can give trader trading signals. Most of trader use indicator in many ways. I think indicator gives you confident to entry. But you need to test in demo account first.
If it work then you can use it with real account.
Indicator is not every think for trader. some time indicator is wrong.
So trade carefully.
Indicator is very useful for forex trader. Most of the trader use indicator there trading platform. It can give you a sine for trade entry. Many trader use indicator for there trade entry. They combine some indicator for perfect signal. Most of the time indicator will help you very well. I use RSI, CCI, EMA its help me very much.
for me I use two of my best understood indicators namely: Candles, trend lines and also to use bollinger bands and in my trading decisions and negociations.aussi must see that there are simple tools to use in forex trading.
Forex indicator is a tool that can be used to predict movements in both currencies. He also called FX technical indicator. If you know how to use a good forex tool, you will be able to maximize profits and minimize losses. There are many types indicators in forex market.
need to know before using some indicators, that the trader have to learn and practice one of them and then use it until they can master it
do not use too many indicators, just use the suitable with your styles and then you can trade with well
indicators is a tool to help the trader for their trading and this tool record some prices at the last and show to us and then we can make analysis to make decision for open position
Indicators in the currency exchange (Forex) are tools used to predict future price movement of a currency. The indicators used in the terms when currency exchange (Forex), usually refers to the tools used for technical analysis of currency exchange market (Forex).
Indicators are generally classified into two categories on the basis of the speed with which they can identify their trading signals. Namely:
A) The indicators developed
B) lagging indicators
I think indicators are tools that are used in technical analysis. These tools are based on statistical information that are taken from the history of a pair. Most of the indicators have very little difference. Almost all the indicators are depending on past history of currency pair prices. My favorite indicator is Boilinger band indicator.
Indicator sy hameen rate ka andaza lgany me mdad milti hy ham apni position open karny sy pehly in indicators ko deykh k andaza lga sakty hen k ab rate ke movement kya ho ge us hisab sy ham apni position ko shai disha me open kr k profit kma lety hen.
indicator are the tools which are more help out to make a new trade in forex trading , trader need to be used the indicator and obey the forex trading signals to make their trading more effective for more profit, so better to make forex trading business with more concentration and dedication.
Indicator is only tools to help traders to make better decision in the market but it's not your final decision. So it's important
to have another consideration as your additional to create better decision. If you can use indicator in the right time then it
is possible to give accurate signal.