What is indicator?

[noul]

indicator woh guid lines han jo hman giide krty han kh aj mumkna toor pr trading kis andaz mn hony hy aur is mn utar chrhao ktna hona hy aur kis trh ka hona hy yh electonickly guide lines hn forex ky bary mn agahi kly

[fxearner]

G bhaiya g indicator ki importance tu sabhi jantay hay , es sa hamay market ma kafi zaida faida hota hay , agar hum indicator use kar k trading kartay hay tu phr pahlay hamay indicator ki samjh bi laina cahiyay .

hanji indicator ko market me use karne ke liye unke baarein me jaana ,unka samajh hona bahut he jaroori hai,jabb takk trader samjhenga nahi wo kuch bhi apne aap yahan nahi kar sakta..

[ishvara]

If you open position depends on technical analysis, you will not make money if you do not use indicator because the indicator is important for each of us, so I think they apply a regular basis to be able to understand the market

Money is really made in the use of Indicators in this business and it is well inclined with the Technical analysis. ALl Technical traders makes a good use of Indicators in their trading, It is a MUST tool for them

[naziakhan]

indicator bahut he jada use market me traders karna pasand karte hai esme trader analysis karta hai aur market me entry ke liye trade open karta hai,esse trader ko overvought ya oversold ke baarein me bhi pata chalta hai..

G bhaiya g indicator ki importance tu sabhi jantay hay , es sa hamay market ma kafi zaida faida hota hay , agar hum indicator use kar k trading kartay hay tu phr pahlay hamay indicator ki samjh bi laina cahiyay .

[RAJ KUMAR]

The indicators are the best help to trade. It can guide us to trade . One can get the profit according it .

[reo nadar]

Indicator No.1: A Trend-Following Tool
It is possible to make money using a countertrend approach to trading. However, for most traders the easier approach is to recognize the direction of the major trend and attempt to profit by trading in the trend's direction. This is where trend-following tools come into play. Many people misunderstand the purpose of trend-following tools and try to use them as separate trading systems. While this is possible, the real purpose of a trend-following tool is to suggest whether you should be looking to enter a long position or a short position. So let's consider one of the simplest trend-following methods � the moving average crossover.

A simple moving average represents the average closing price over the number of days in question. To elaborate, let's look at two simple examples � one longer term, one shorter term. (For related information on moving averages, see Exploring The Exponentially Weighted Moving Average.)

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Indicator No.2: A Trend-Confirmation Tool
Now we have a trend-following tool to tell us whether the major trend of a given currency pair is up or down. But how reliable is that indicator? As mentioned earlier, trend-following tools are prone to being whipsawed. So it would be nice to have a way to gauge whether the current trend-following indicator is correct or not. For this, we will employ a trend-confirmation tool. Much like a trend-following tool, a trend-confirmation tool may or may not be intended to generate specific buy and sell signals. Instead, we are looking to see if the trend-following tool and the trend-confirmation tool agree.

In essence, if both the trend-following tool and the trend-confirmation tool are bullish, then a trader can more confidently consider taking a long trade in the currency pair in question. Likewise, if both are bearish, then the trader can focus on finding an opportunity to sell short the pair in question.

---------- Post added at 01:29 PM ---------- Previous post was at 01:27 PM ----------

Indicator No.4: A Profit-Taking Tool
The last type of indicator that a forex trader needs is something to help determine when to take a profit on a winning trade. Here too, there are many choices available. In fact, the three-day RSI can also fit into this category. In other words, a trader holding a long position might consider taking some profits if the three-day RSI rises to a high level of 80 or more. Conversely, a trader holding a short position might consider taking some profit if the three-day RSI declines to a low level, such as 20 or less.

Another useful profit-taking tool is a popular indicator known as Bollinger Bands�. This tool adds and subtracts the standard deviation of price data changes over a period from the average closing price over that same time frame to create trading "bands". While many traders attempt to use Bollinger Bands� to time the entry of trades, they may be even more useful as a profit-taking tool.

[kelvin566]

there is not a best indicators because all thecnicall indicator are lagging indicator and they informe you after the price action how ever you must know how to use the thecnical indicators on your analysis the moving average convergence divergence is a good indicator but its helpful to use it with others indicators such as cci or rsi

[hasnainbwn]

jab maine start main forex ke trading ko start kiya tha tu yeh best indicator workirng kr rahe the laken aj kal tu indicator best work he nh kr rahe hain indicator just tools he hain,

[fxearner]

indicator bahut he jada use market me traders karna pasand karte hai esme trader analysis karta hai aur market me entry ke liye trade open karta hai,esse trader ko overvought ya oversold ke baarein me bhi pata chalta hai..

[5258]

Technical indicators that depended upon in the beginning better dependence on technical indicators in each purview. Trader considers different market indicators to figure out the trend or change in trend and then perform his trades