What is indicator?

[fxbirati]

My friend indicators are nothing but a tiny software that are include in our trading platform or we can develop our own trading indicators by mql programming. I think we need to use indicators to confirm the trend of the market.

[naziakhan]

bhaiya ji main to itna janta hu ki indicator ke bina main trading kar nahi sakta hu aur indicator ka istemaal bhi ab main kafi achi tarah se karna jaan chuka hu indicators hum logo ko paisa kamawane mein madad karta hain

G bhaiya g indicators k begair hum achi trading bilkul nh kar saktay hay , indicators hamay achi trading karnay ma buhat zaida madad kartay hay aur hamay apni trading ma achay indicators zarur use karnay cahiyay .

[PRAYOGO]

Managements of make more money for the best way that you can make-so that you can increase is in your account but most indicators are repainting it means changing the indicators of data after a new candle close in market

[d5358]

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.

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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.

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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.

One of the most popular – and useful – trend confirmation tools is known as the moving average convergence divergence (MACD). This indicator first measures the difference between two exponentially smoothed moving averages. This difference is then smoothed and compared to a moving average of its own. When the current smoothed average is above its own moving average, then the histogram at the bottom of Figure 3 is positive and an uptrend is confirmed. On the flip side, when the current smoothed average is below its moving average, then the histogram at the bottom of Figure 3 is negative and a downtrend is confirmed. (Learn more about the MACD

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Indicator No.3: An Overbought/Oversold Tool
While traders are typically well advised to trade in the direction of the major trend, one must still decide whether he or she is more comfortable jumping in as soon as a clear trend is established or after a pullback occurs. In other words, if the trend is determined to be bullish, the choice becomes whether to buy into strength or buy into weakness. If you decide to get in as quickly as possible, you can consider entering a trade as soon as an uptrend or downtrend is confirmed. On the other hand, you could wait for a pullback within the larger overall primary trend in the hope that this offers a lower risk opportunity. For this, a trader will rely on an overbought/oversold indicator.

There are many indicators that can fit this bill. However, one that is useful from a trading standpoint is the three-day relative strength index, or three-day RSI for short. This indicator calculates the cumulative sum of up days and down days over the window period and calculates a value that can range from zero to 100. If all of the price action is to the upside, the indicator will approach 100; if all of the price action is to the downside, then the indicator will approach zero. A reading of 50 is considered neutral. (More on the RSI can be found in Relative Strength Index Helps Make The Right Decisions.)

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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.

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Source: ProfitSource
A final profit-taking tool would be a "trailing stop." Trailing stops are typically used as a method to give a trade the potential to let profits run, while also attempting to avoid losing any accumulated profit. There are many ways to arrive at a trailing stop. Figure 7 illustrates just one of these ways.

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The Bottom Line
If you are hesitant to get into the forex market and are waiting for an obvious entry point, you may find yourself sitting on the sidelines for a long while. By learning a variety of forex indicators, you can determine suitable strategies for choosing profitable times to back a given currency pair. Also, continued monitoring of these indicators will give strong signals that can point you toward a buy or sell signal. As with any investment, strong analysis will minimize potential risks.

[sajid1240]

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....

[d5358]

Many forex traders spend their time looking for that perfect moment to enter the markets or a telltale sign that screams "buy" or "sell". And while the search can be fascinating, the result is always the same. The truth is, there is no one way to trade the forex markets. As a result, successful traders must learn that there are a variety of indicators that can help to determine the best time to buy or sell a forex cross rate.

[apt51083]

At the point when your forex exchanging endeavor starts, you'll likely be met with a swarm of diverse techniques for exchanging. Be that as it may, most exchanging open doors can be effectively related to only one of four graph pointers. like the Moving Average, RSI, Stochastic, & MACD pointer,

[Hishamsaeed]

Heloo ....................
.Technical indicators that depended upon in the beginning better dependence on technical indicators in each purview, but the index is a favorite for me moving averages.......

[smb0364]

indicator signl ko kkhete han aur ya signel hr kam main zaroori hotia hay agr haum signel mila ho ga k es week markeet ki kia value rehe gi aur kia seen rehe ga producets kia kia rate pr chlain gi ya wo tu hum aik ache traders bn skte han aur apne laie easy pada kr skte han

[d5358]

A technical indicator is a graphic representation of price action. Some technical indicators overlay on the trading chart, and some reside on the bottom of the chart.

Typically a technical indicator is just some type of oscillation of the price based on parameters that you set.

Using technical indicators can help you to filter out some of the noise of the price movement on the chart and get an idea of the bigger picture.

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Technical analysis has long been used in traditional markets like the stock market. Technical analysis methods rely on price history in order to predict the future. There are numerous methods used in the predicting, but the bottom line is that they always rely on price movements of the past. Technical analysis takes a few different forms and many methods of use.

One method of technical analysis is the use of technical indicators. A technical indicator is a graphical representation of the price action that is usually displayed along the bottom of the screen. One famous example is a technical indicator called MACD. You can see an example of the MACD in use in the first forex trade tutorial.

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A few examples of technical indicators:

Moving Averages
MACD - Moving Average Convergence/Divergence
RSI - Relative Strength Index
CCI - Commodity Channel Index
There are many different types of technical indicators. They are not the holy grail of forex trading, but they are good way to to get an alternate view of the price.

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There are also other methods for using technical analysis. You can use trend lines, or measure support and resistance. Both methods rely on looking at the chart and reviewing recent history. Is the price following a pattern? Is it moving in a range? No matter what price is doing, it usually falls into one of those two categories. If the price is moving in a pattern and in one direction, you can use trend lines to analyze where the price should go. If the price seems to be bouncing back and forth in a range, you can use support and resistance lines to make note of where the price should change direction.