What is Best Forex Indicator?
I've been trading FOREX in a while, I reach-me-down various inidcators such as MAs, Stochastic, MACD, RSI, and countless others.
However, none of them unqualifiedly works well for me in most cases.
MAs cross-over is harsh to predict. Always fit better after the facts. For model, like MA (9) crosses MA (14) or MA (14) crosses MA (32) , I even tested many other flavors of MAs claimed forth faster and smoothier movements. Of indubitably, if MA (9) didn't cross MA (14) and failed to your apprehension of the movement, MA (3) crossed over MA (9)...
Can you herald me other Forex trading indicators? What is best forex indicator?
There are three legitimate-time moving indicators: Sacrifice, Volume, and of course Time.
Most traders focused on Valuation indicator and hundreds of other indicators derived from it, they blunder two other important indicators - VOLUME and Together. What moves the price? VOLUME and the forces driving the mass. How to see price movement? Over TIME. You extremity to observe Price, Volume, Nevertheless and their dynamic interactions.
The best Forex indicator (or for any other economic market) is Market Profile. More tidings on market profile trading can be found at:
http://www.squidoo.com/livestock_technical_a nalysis
Or Google search "uncomplicated best technical indicator".
Cheers!






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