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Thread: What is an indicator in forex trading?

  1. #1
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    What is an indicator in forex trading?

    Many traders talk about an indicator in forex trading. I want to know how traders use an indicator in trading and what is the main advantage of it in trading and how it helps traders. Please share your opinion...

  2. #2
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    Indicator is data which provide information to predict the overall health of the economy or the financial markets such as overbought/oversold, trending or underlying price direction. .Indicators are calculated by using mathematical algorithms.These are very helpful for traders to place their trades.

  3. #3
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    Signal is information which offer information to estimate the overall health of the economic system or the marketplaces such as overbought/oversold, popular or actual cost route.

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    indicator is a tool which is used to indicate the market. indicator find the direction of market and hence help the traders..

  5. #5
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    As per my knowledge an indicator will help traders to indicate the market movements and its fluctuations and bases on that traders will always trade with forex and some will be making use of the indicators and some will not . it depend on traders choice weather to make use of them or not .

  6. #6
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    As the still of time i have complete learning and also complete trading knowledge about the MACD trading inductor because it is a very easy and small of way to get the predict the market system as very well .

  7. #7
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    Indicator is very important in forex trading, we can not analyse signal of forex without indicator it is most important for work in forex.we can easily take decision in forex with trend the market from indicator.

  8. #8
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    Yes that is true without indicator I dont think that a trader can get anything good from here what I know is that if a trader is using indicator to work he can made more succesful trade as well in here so we need to learn how to use indicators.

  9. #9
    Senior Member XENX's Avatar
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    I think signal is a instrument which is used to point the market industry. Warning find the path regarding market thus profit the traders.

  10. #10
    Senior Member ahmedkhan236's Avatar
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    Indicators are the data which are giving us the accurate data and we are able to earn a good money from this and i think the indicators give us the exact health and the condition of the market and then we can do accordingly.

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