Is this the same indic you post?
I would say most EAs are range traders, and if trading in a range you would have a successful time with these types of EAs. However once the price starts trending they would not be able to manage
Then if you had an EA that was able to pick trends it would get confused with range trading.
If I am correct then using your Bollinger bands would save you the dollars in buying these EAs as a range trader. Best time to use the Bollinger are with some volatility but fairly quiet market. Mondays during the Asian markets has been ideal so far for me, outside of this time seems a bit hit and miss.
I would think the EAs may work better during certain times of the day as well and might be an idea to turn off during announcement periods.
This indicator is false...I will let you judge for yourself.
Forex secret indicator is actually a signals software that generate forex trading signals with specific entries and exit, all that's left for the users is to follow it to the letter.
Very well analysed giuditta81 about this indicator.
So my question to him (KD) is why if you believe “….. built-in chart indicators are just that….Standard! You will never become a successful trader using simple RSI, moving averages, trend indicators … Do Not waste your t
why build and sell an indicator that is as basic as it comes….the BBsqueeze histogram is basically momentum displayed as a histogram?
You can test it by downloading the following three indicators in at a time in the real time charts , and you will find that they are very nearly the same..
BBsqueezeGTS, Fisher_m11, and the "Forex Secret Indicator of KD"
The RSI is simple to calculate and use.
Interesting! I will check on that to know further, however, The best way of knowing if an indicator is working is to see it being used to trade live or educating yourself more on Forex.
I would advise company like makemoneycurrencytrading dot co dot uk as they teach you their strategies for free.
Likewise Blogs/forums like this one are usually good resources too.
Hi I'm new.I trade using fractals and zig zag plus the cci,stochastics and macd.I have stopped losing like I did before and am now making money.Try these five indicators if they all give the same buy/sell signals.