First thing i ll suggest you is don't depend on indicators for the trades . Those are good just to confirm your trades.
For start go with moving averages,bolinger bands
First thing i ll suggest you is don't depend on indicators for the trades . Those are good just to confirm your trades.
For start go with moving averages,bolinger bands
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If you need any indicators to trade then I will suggest you to use default indicators only.. Like RSI, MACD, CCI, Stochastic, PSAR etc.. believe me, they can give you far more better results than most of the custom indicators.. Those custom indicators can be the main reason for you to lose your money.. And people still use these default indicators because they works..
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To use demo account is wise way to gain personal experience about technical and more importantly fundamental indicator. Of course there is no different it's newbie or expert , there no the one indicator which fit for all people. I am sure people must choose the best indicator which fit for him before start trading. Otherwise that will only make their trading ruined because they doesn't understand the indi.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Before using any indicator you must use in a demo account to dee how it works . There are many indicators which you can use , you can easily understand most of the indicators , you can use parabolic SAR . But do not depend only indicator , to be a successful trader you must learn how to analyze .
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
every indicator is also suitable for the beginner, but i think maybe many beginner like to make the trading using the moving average, because the moving average is aslo being too simple to let the trader use it, so many of the beginner like to use it to make the trading
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
As a beginner, the good indicator to use is to make combination of MACD and Bollinger band. This two will give good signal that generates profit for you if you enter with. There are other indicator but these to are good for beginner. Use MACD with default setting but bollinger band use 24 period and deviation of 2 and check on 1 hr charts.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Try not to rely completely on indicators. Better to learn price action, fibonacchi, support and resistance and build your strategy around this. Once you rely too much on indicators, you will never learn much on trading. Plus, you will have better understanding on the market this way. Good luck to you.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
what i know about indicators they are not 100% accurate but most of the new and pro traders do use them to get a market guess. macd and rsi are good indicators but you have to use them with your own customization to data. i am saying this because if you go with the default input then you may not get the desired result. practice with them with different time frame and with different data input on a demo account.
Success needs patience.
Beginners ke liye main do indicators suggest karuga, ek hai moving avarge aur dusra indicator hai bollinger bands. Yeh do no hi indicators ka use bahut hi aasan hai aur koi bhi new traders inko assani se use kar sakta hai. Pehlo in dono ko demo trading pe practice kar lo aur baad me real trading me use karo to jarur trading me fayda hoga.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
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