Trading systems and indicators are just tools.

[zoomfire]

indicators are tools,but trading systems developed is a kind of strategy which is setup with help of tools (indicators)
so both have a difference.

[raka999]

yes, I agree. is the indicator as a tool only. indicators designed to predict price movements. usually, the indicator that will follow where the direction prices will move. Therefore, do not trust 100% of the indicators. because it found the false signal. there is no holy grail

[maryosa]

Forex indicator is part of technical analysis of trading. If use of indicator it mean that trader follow technical set of rule that now is in program for predicting future price. Indicator use of past forex price and behavior to predict future forex price. If rely on only indicator, then trader have to be careful because of some indicator that repaint.

[zher_albanfsij]

Forex indicators are very important for traders because they determine the parameters of their trades and the time for the opening of trading. And without them it would be difficult to follow the profitable trading opportunities that come your way. Even though I spent all day in the analysis of the direction of prices, it's hard to enjoy the always accurate. Index one wrong leads to wrong scale trading strategy and then failed completely. Not to mention the need for novices to learn how to read forex charts and diagrams to use drawing tools even before they learn the technical or fundamental analysis. Of this we decided to create two cooperation projects with major service providers and traders that will facilitate the follow-up on the exchange market.

[xiaotanghao]

I quite agree with you there.Trading systems and indicators are tools to help us to get more profit in forex trading.We can build a great syatem to help us profit daily,even we can use the indicators to help us to profit daily.But all these things just can help tools to help us.We still need to have a better trading skills first.Only then,can we use the syatems and indicators better.

[muhammadfarooq]

trading system and indicator are the just tool but they are so useful for trading , the use of indicator always be profitable and every trader need to be use the indicator for their trading profit and get the forex trading improvement for the future.

[dmambi]

Yes using a profitable strategy and indicators does not guarantee us any profit in trading. What we need to do is understand the indicators pros and cons and use them accordingly. Ultimately it is our decisions which makes us profit or loss. So we need to use these tools effectively to help us to make better decisions and not to rely on them too much.

[pipsurfer]

Yes that is very true. You cannot just blindly follow a system without understanding how and why it works. You need to know what is the best time to enter a trade, what losses to take and how will it all work. Only then can you adjust the strategy to your time, funds and preferences.

Before that you are just blindly following what another person wrote which usually results in losses. I never trade on the basis of what other people say if I don't understand why they say it.

that's exactly what i mean

yes what you are saying is really true indicator tell only the past ,so if anyone trust the past in forex market it is really hard to survive in forex

i agree with you that indicators calculate the past prices, but i absolutely disagree if you told me not to trust it
what indicators do is just calculating based on how it is design, and it didn't lie, i trust all indicators calculation i used to analyze the chart
what i mean is don't trade based on indicators, like open when this MA crossed that MA, or like wow upper BB touched it is time to sell, no that's not what i mean and that was my mistakes
i mean whatever happen to indicators just show us calculation on how things going in past and right now, so only use it to analyze, like wow the current daily trend is up trend, i believe it, but it is possible that the reversal will happen, based on my research it is safer to go with the bigger trend, so i probably buy when there are retracement and the price go up again

[Abdomhadi]

I agree with you all the success are the fruit of a good job,as I see it was 6 months experiance this is not something simple because I'm sure it was well known and the Principles parameters of Forex and still trying to remove their capital after having this Cycle so it's very good thing that may of us can get there.

[Susti]

Yes that is very true. You cannot just blindly follow a system without understanding how and why it works. You need to know what is the best time to enter a trade, what losses to take and how will it all work. Only then can you adjust the strategy to your time, funds and preferences.

Before that you are just blindly following what another person wrote which usually results in losses. I never trade on the basis of what other people say if I don't understand why they say it.