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.
Indicator No. 1: A Trend-Following Tool
Indicator No. 2: A Trend-Confirmation Tool
MACD with Histogram
Indicator No. 3: An Overbought/Oversold Tool
RSI, Momemtum Index, CCI
Indicator No. 4: A Profit-Taking Tool
Bollinger Band, Fibonacci
Best way to test Forex Indicator is to open a demo account and insert all those indicators to see how it conflicting with each others.
FREE demo sign-up page.
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“Lowest pip spread in Forex World”
Head of ASIA Forex Fund Management Team
Master IB in Asia.
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