I use Parabolic SAR, Stochastic Slow 533 (simple), and RSI 7 for my forex indicator. And use TFD1 and TF4h for main direction, for trigger, I use TF5m and TF15m. So, what indicator you usually use for trading?
I am not using any profitable indicator. I am trade price action using simple support and resistance level in daily charts and I combine this trading strategy with conservative money management by only risking maximal 3% of my capital per single trade.
Stoch, PSAR and Fibonacci.
There are number of traders using indicators and claiming that they are using profitable indicators as well. So, it is really new for me to know that all indicators are losers, but MA is the leader.
Thank you for this help
Friends according to me there are so many indicator, and all of them so much profitable and proven indicator. but for me i just choose or use only one indicator that is rsi, this indicator is so much popular
and also so much proven and profitable indicator.
Is it really work without Indicator....?
I prefer to use a trend indicator. This indicator has a privilege in determining the direction of the trend. But I think, it's all good indicators. depends on our understanding of the indicators. Whatever the indicators we choose, with good money management and discipline, then our trading results will be maximized.
I use MACD indicator and think its the best.
i think Parabolic SAR is the most profitable indicator.
I use support and resistance, and any indicators that we use the results depend on the understanding and experience of our trading. Simple indicators can also give pretty good results, the most important to me is the indicator that can gives good results for my account in galleass.