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What are the top 5 most consistent and widely used indicators on the forex?

Looking for an seasoned or cited answer as to what the most consistent and greatly used indicators are for the forex markets, and what the most accessible time frame is. I usually truck the 1 hour, but I'm not sure if that is best or not.


here's a right forward answer:

- at least the 1hr chart, the larger the timeframe the more trusted signals become because it holds more (economic or not) report. 4hr and daily charts are also popular...

- The indicators: try to keep your thoughts off of mechanical systems since the market is an constitutional process. Price is the ultimate indicator and moves in waves but nonetheless in a instructing. You therefore need indicators that approach the orderly nature of the market as much as possible. On the move averages, bollinger bands and fibonacci are really all you need directionwise and then you could use oscillators (stochastics, RSI, CCI, MACD) and/or candlepatterns for entries. Keep in berate that oscillators such as RSI, MACD and CCI can also serve as style indicators.

The indicators i mentioned are the most in vogue ones.
Doesn't have to be more than that, just don't mishmash the charts, gl....

TIP: never be afraid to use those indicators with your own joint sense and logic. Doing a backtest will pirate find a setup that works best for you.

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Forex: USD/JPY tumbles 50-pips

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