what is indecator?

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Thread: what is indecator?

  1. #1
    israr_ali
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    Thumbs up what is indecator?

    what is indecator?
    brother i will new in Forex and i want to know that what is indicator and what is its importance in Forex trading

  2. #2
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    indicator is a helping device for a trader in their trading ,with the help of any trading trading indicator we also increase our profit and experience about relating to trading , and also get a good earning in forex trading .

  3. #3
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    A trading style is very important in forex trading. Because according to one’s trading style one has to choose a broker. Like my trading style is scalping and for scalping, I need a broker which is regulated, broker. Because for scalping scalper needs a broker which doesn’t face any type of restrictions. To avoid restrictions regulated trading broker is best. That’s why my choice is ForexChief. Trade with Global Banks, having supreme Liquidity and Execution, No Slippage and no- Requotes, Low Latency, and Fast Order Routing. They has developed its own stream aggregation architecture that allows the Company to have significant reduction of spread sizes, slippage sizes, and percentage of refused orders. This way, the technological solutions developed allow the Company to provide services as a liquidity provider for each forex broker interested in a stable stream of quotes and qualitative execution of orders.

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    There are many reliable technical indicators. MACD, Moving Average, and Bollinger Band etc are few of them. I think the use of indicator is very important. Choose one, two or three indicators and learn the all aspects of those indicators. Test them on demo account. Do back test with them. And analysis the result. Not all the traders find all the indicators helpful. Some understand MACD more while others like Bollinger Band. So you have to find your own edge. For my trading I utilize Eurotrader broker since I like their useful resources like eBook and video instructional activities. They have Technical Analysis Tools with 50 indicators and charting tools

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    Indicators provide trade signals. There are indicators under MetaTrader 4. Many beginner traders trade with indicators. Indicators are a very important factor for basic knowledge. There are many indicators whose signals are very reliable. I used a lot of indicators when I was a new trader. I trade under Eurotrader brokers. The indicator system of this broker is much better. I collect a lot of information from this broker.

  6. #6
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    I use MACD and RSI indicators with Hotforex to trade trend-following systems. The less indicators you use the better because it's different to pick tools which will complement each other and enhance your strategy.

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    A proper plan is very important for trade in the forex market. Without a strong or proper plan, you can't survive in the forex market. Proper guidance, a proper plan, strong knowledge are very important things for a trader. If you make a proper plan and everything goes under that plan then you will earn profits no doubt. I always try to create a better plan. My broker TP Global FX helps me a lot to make it in a very proper way. They are very supportive. They never make disappointment to their client.

  8. #8
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    in ro ham eslah kon:
    Forex trading is most famous and profitable business in the world. If you have enough knowledge and a reliable broker then you can earn lot of money by investing money. Strong knowledge, reliable broker, proper guidance can easily make you earn money. If you trade wisely then you can earn a lot of profits. My broker Forex4you helps me a lot especially when someone is a new trader. They never make disappointment to their client. They are very supportive.

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