Indicator for Beginner...!

[dmambi]

There are many indicators available in MT4 trading platform use the help topics and find out some interesting indicators and try them on Demo. Since most of the people go for popular one like, Bollinger Bands, Moving Average etc. you too can go with them or try something new.

[playfx]

I am still confused how to use Bollinger Bands, maybe there are which could explain how to use it. or tell me a link about it. He said with the use of Bollinger bands, we can know where the prices will move.

just watch the bands in your charts. if the charts squeeze the candlesticks then it means the market is being calm, but contrarily if the bands expand away from the candlesticks it mean that the market start become volatile, you should cross check with the news released.

[kuldip kale]

genrally i dont use any indicator in forex trading so i my opinion to a beginer that dont use any indicator in forex when doing trade in forex
bcoz it is just like a tool

[Techno]

I am still confused how to use Bollinger Bands, maybe there are which could explain how to use it. or tell me a link about it. He said with the use of Bollinger bands, we can know where the prices will move.

the use of Bollinger bands can help us detect when the trend will begin and when the trend started over.
Bollinger form a wide and narrow band could be a clue for us to see the market situation.
that can help us in getting good information analysis.

[ashvin]

Well Moving Averages and Bollinger bands is a perfect combination for any newbie and it works very well . Just practice in demo account and see the results yourself and then trade in real account with the same .

I am still confused how to use Bollinger Bands, maybe there are which could explain how to use it. or tell me a link about it. He said with the use of Bollinger bands, we can know where the prices will move.

[ali1011]

indicators boaht he achi cheej hy for traders ku k is sy hameen rate ka idea ho jata hy easy k rate kha ja sakta hy is time forex k rate ka idea ba asani ho jata hy or is sy profit kmany me bohat help ho jayti hy indicator are best for biginners .

[jai]

yes, I agree. but, to use should be combined with other indicators. besides moving average, I also combine with Bolinger bands. I think the BB is great for measuring the strength of the trend.

[anchitkole]

yes, the moving average is the main indicator of a beginner traders, even professional traders still using this indicator. I usually use the MA and Bolinger bands / BB.

[dragon]

what do you looking for is not the indicator exactelly i think that you need to learn about all the indictors and after you will discover your plan by your experience and from my experiement i think that the best indicators are the MACD moving average and parabolic start and RSI

Yes, it's better to start learning from default indicators in mt4 because all of them are good indicators when you can
use them in the right time. As I know, many traders who started to learn from Moving Average indicator in the first time
because it's easy to learn.

[amit]

I though feel that Bollinger bands is the good one ,which is relatively easy to understand the proper market movement .Actually for newbies its not always easy to learn each and every indicators and here they should better stick to a single one to avoid much confusion.