What is indicator?

[aborik]

Indicators are free tools that measures market volatility and give us a good idea what is the present condition of the market. Indicators can guide us be aware that indicators are not the holy grail in forex trading. You must also have good market analysis to arrive to a good market entry.

[nirpolash]

According to my understanding, an indicator is a tool based on statistical calculations that helps us to understand the behavior of the price repetition of a currency pair and we can get some idea about the movement of the pair that how can it react in near future.

[rozikfx]

Indicator for me is a tool to assist the traders in providing information about the forex
market movements, from the displayed infikator we get information to be able to win in
forex trading, so this indicator is an absolute must have when we do forex trading

[MotorBalap]

indicator in forex trading like RSI, macd, bollinger band, etc help us to predict market will be move, more better if we can combine many strategy and indicator as our trading style.

[indianfxboy]

indicator can be referred to as any tool that is used to generate trade signals in the forex market, that is any kind of forex tool employed as a pointer to the direction where the market prices are going to head in the next few hours or days possibly, for example SIMPLE MOVING AVERAGE, STOCHASTIC OCCILLATOR and so on like that but one thing has to be understood which is that it is better to trade the forex market without using any indicator at all.

[forforex]

Its not a must that a certain indicator is used by all good traders. you can choose any indicator and analyze its movement and then combine another with the one hey just follow the trend . Indicator are supposed to be used to confirm your analysis before entering the order.

[defgan]

I thought that indicators are tools to analyse a trend, so I think it's very important indicator, and we must run the appropriate trading trends, so that we will be able to trade with a percentage of profit from the loss, it was a very nice thing in trading.

[mahmmad.umair]

Three Technical Indicators Every Forex Traders Should Use: Technical analysis is more than reading charts. Of course, charts are a big part of this type of analysis. But price movement is only part of the story. Technical indicators or studies help to interpret the price movement of a currency. They indicate whether the price movement is strong or likely to reverse. They can even predict the next price movement of a currency. There are dozens of different types of technical indicators. Every trader uses his or her favorites. Yet most traders will agree that there are three indicators that every currency trader must use. 1:Moving Average Lines 2:Bollinger Bands 3:Average Directional Index (ADX)

[anuskha]

I think the indicator is a tool to determine trends or set order, but for me it's just following the market indicators only, and only to determine trends, and did not know when the trend will reverse, so we should be able to study the wave in the market, because I think that wave is more important than an indicator.

[elite]

Yes with out indicator we can not know the direction of the market. Indicator shows us the real direction of the market. It serves for the purpose that we cant trade better if there is no indicator.