Question -

which indicator gives good result?

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9 Answers
Ryan Childers
Answered 3 years, 3 months ago
<p>The Moving Average is the most accurate Forex trading indicator because it helps traders to identify trading opportunities in the direction of the general trend. If the market is trending upward, you can use a moving average or multiple moving averages to identify the trend and the right time to buy or sell.</p>
Derrick Zastrow
Answered 2 years, 6 months ago
<p id="isPasted">It depends on the context and what you consider a "good result". There are many technical indicators in finance and trading, each with its own strengths and weaknesses. Some commonly used indicators are Moving Averages, Bollinger Bands, RSI (Relative Strength Index), MACD (Moving Average Convergence Divergence), and Stochastic Oscillators.</p><p>It's important to remember that no indicator can guarantee future results, and multiple indicators should be used in conjunction to make a well-informed decision. Additionally, it's essential to consider other factors such as market trends, economic data releases, and geopolitical events that can impact market prices.</p>
Charles Farley
Answered 2 years ago
<p id="isPasted">We trade to get a positive result or, in other words, profit. Many beginner traders are eager to know whether technical indicators are able to give them good trading signals.</p><p>The truth is that technical indicators won’t automatically lead you to profit, but they will do a lot of work for you. There is no doubt that a skillful and experienced trader can achieve profit without indicators, but they can still help a lot.</p><p>In fact, technical indicators can do a few wonderful things:</p><p>show something that is not obvious;</p><p>help to find a trade idea;</p><p>save time for market …</p>
Charles Groth
Answered 1 year, 6 months ago
<p id="isPasted">One way to simplify your trading is through a trading plan that includes chart indicators and a few rules as to how you should use those indicators. In keeping with the idea that simple is best, there are four easy indicators you should become familiar with using one or two at a time to identify trading entry and exit points:</p><ul><li style="font-weight: bold;"><p><strong>Moving Average</strong></p></li><li style="font-weight: bold;"><p><strong>RSI (Relative Strength Index)</strong></p></li><li style="font-weight: bold;"><p><strong>Slow Stochastic</strong></p></li><li style="font-weight: bold;"><p><strong>MACD</strong></p></li></ul><p>Once you are trading a live account a simple plan with simple rules will be your best ally.</p>
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