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Technical indicators every trader should know

Success comes from knowledge – this is true for most things in life and especially Forex trading. To become successful, a trader needs to learn technical analysis. Technical indicators are a big part of technical analysis.

The problem is that, at first sight, names of technical indicators can sound unpleasantly complicated, for example, MACD, RSI or Stochastic. However, we recommend you not to judge a book by its cover. We will provide you with a fair and simple explanation of the most popular technical indicators. We guarantee that you will understand how to use them. Are you interested? Let’s start then!

Do technical indicators actually work?

We trade to get a positive result or, in other words, profit. Many beginner traders are eager to know whether technical indicators are able to give them good trading signals.

The truth is that technical indicators won’t automatically lead you to profit, but they will do a lot of work for you. There are no doubts that a skillful and experienced trader can achieve profit without indicators, but they can still help a lot.


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Alexandr Bryzgalov
5 (6)
Copies transactions between MT4 terminals. Possibilities: quick copy start minimum processor load direct and reverse (reverse) copying. copying Take Profit and Stop Loss levels copying deferred and their changes copy transactions one to many copy trades many to one local copy only Attention: The product is designed for copying trades only within a single computer or VPS with access to the desktop. The product will not work on the built-in Virtual Hosting of the terminal. We will help you set up
FTMO Protector 7
Vyacheslav Izvarin
PROTECT YOUR FTMO Account in a simplest way Must-Have   Account Protector for any Prop-trading Account and Challenge MT4 / MT5 Expert Advisor that protects your Forex Prop Trading account from an unexpected drawdown! FTMO Protector  is a Tool that lets you manage trades and control your profit and loss across multiple Robots and currency pairs using a simple parameters and settings. Use as many EAs and Instruments you need, the Protector will: 1.   Calculate your midnight (01:00 System time) Bal
三角套利策略利用三个相关货币对之间的低效率,当低效率得到解决时,进行抵消交易,这些交易相互抵消以获得净利润。一笔交易涉及三笔交易,将初始货币兑换为第二笔,第二笔兑换为第三笔,第三笔兑换为初始。在第三笔交易中,套利者从市场交叉汇率与隐含交叉汇率不一致时存在的差异中锁定零风险利润。 [ 安装指南 | 更新指南 | 故障排除 | 常见问题 | 所有产品 ] 三角套利环的一个例子是美元、英镑和欧元。这种套利机会涉及的货币对是欧元/美元、英镑/美元和欧元/英镑。这些对可以被认为是具有分子和分母的代数公式。欧元/美元的分子是欧元,而该货币对的分母是美元。这个等式计算出欧元除以美元。这三个货币对组成了一个三元环,可以表示如下: MEAN = EURUSD - EURGBP * GBPUSD 平均值大致以零为中心,但有时会严重偏离该值。低于零的平均值意味着买入 EURUSD、卖出 EURGBP 并用 GBPUSD 对冲可能获利。同样,高于零的平均值意味着卖出 EURUSD、买入 EURGBP 并用 GBPUSD 对冲可能获利。如果合并的交易成本小于差异,则可以进行交易并
Averaging Helper
Sergey Batudayev
5 (2)
Averaging Helper - This sort of trading helper instrument will help you average out your previously unprofitable positions using two techniques: standard averaging hedging with the subsequent opening of positions according to the trend The utility has the ability to sort out several open positions in different directions at once, both for buy and for sell. For example, you opened 1 position for a sell and the second for a buy, and they are both unprofit, or one is in the unprofit and one is in
Description of Monitoring_ExpertAdvisor+Balance_Equity Indicator: Monitoring Expert Advisor is an indicator that analyzes your Account MT4 elaborating the archived operation data in the order history. It is sufficient to connect it to any open and empty graphic window. The orders in the account database are identified by the indicator of their MagicNumber, divided in groups based on their strategy (Expert Advisor) to calculate complex efficiency   Objectives: It has the main objective of monitor
If you wish to draw Support and Resistance lines, view: daily market opening, classical pivot levels, Fibonacci pivot levels, trend lines, Fibonacci levels, the remaining time to candle closing, and current spread. If you seek to place your orders with the exact lot that meets your desired stop loss risk. If you wish to do all this and more with just one click, then this is the perfect tool to use. This tool will allow you to feel more relaxed when deciding to open orders, as well as predicting
Unlimited Binary Options Copier Remote is a powerful tool to copy binary options trades remotely between multiple accounts at different locations over internet. This is an ideal solution for signal provider, who want to share his binary options trades with the others globally on his own rules. One provider can copy trades to unlimited receivers and one receiver can get trade from unlimited providers as well. The provider can set the subscription expiry for each receiver, so that receiver will no
Semi Automated EA for working as your trading assistant. Overview Trading planner will make you act like professional traders in real markets. Before entering markets, they make a plan for their trades, screening out all opportunities in all time frames. Trading Planner can be used for all Time Frames (M1 ~ MN). Simply draw trendline as a trend and Support/Resistance . At this version , market opportunities will be taken by trendline using strategy of 1, 2, 3 . Simply draw the trendline by defi
Pairs Trade
Oleg Pechenezhskiy
The Pairs Trade indicator is a utility for semi-automatic pair trading. It allows combining the charts of two arbitrary instruments, even if the schedules of their trading sessions are different. It displays a spread chart in the form of a histogram with an overlaying moving average. It calculates the swap that will be charged for the synthetic position (in the deposit currency). It is possible to set a level for automatic opening of a synthetic position on the spread chart (analogous to the 'se
This Stacker EA will: Automatically set Stop loss on a new order Automatically set Take profit on a new order Stack (or open up to 4 additional orders at the same time) when a new order is placed, the SL/TP can be preset individually for each order. Provides a transparent replacement for the standard 1-click trading buttons in MetaTrader 4 (1 click still works and SL/TP will automatically be set as well as Stacking). Automatically calculate lot order size according to preset risk management perc
FXFledgling Exit Tool is a complete risk management tool that analyzes both the open trades and the direction of the pair of open trades. As long as the suggested entry and lotsizing management presented here is followed strictly, you will have a high chance (but no guarantee) of surviving the trade. What It Does It is used as an exit tool. It helps the trader to manage any manual trade that he transacted. It does the following: Trail Stop Dynamic Stop Loss - a calculated stop-loss that change
Telegram ChartSnap is an utility tool to bridge your MetaTrader 4 activities to your Telegram chat/group/channel. It will screen shot your MetaTrader 4 chart and send it to your dedicated Telegram chat/group/channel through a Telegram bot. The whole process will keep repeating based on a time cycle that predetermined by the user. It is a convenient tool for those who like to get access to their favorite system/dashboard that only available at MetaTrader Desktop. Beside that, trader can easily
FX Gambit
Boyan Atanassov
Zenner Trading Presents FX Gambit Streaming Live on YouTube:  https://youtu.be/rD9bCSxypio FX Gambit is an Adaptive, Market Neutral, Dual MT4 based Parallel Launch Automated Trading System, designed to respond to all directional combinations and permutations of the market, and still produce a Net Positive Outcome. There are 2 instances of MT4 with 2 charts in each. The LONG LEG of the HEDGE is in the left chart and the SHORT LEG on the right. The two MT4 instances exchange current market BI
Советник риск-менеджер с огромным арсеналом возможностей защиты вашего депозита. Для инвесторов, которые решили передать капитал в доверительное управление. Когда у трейдера нет доступа к настройкам - нивелирует торговые риски. А также для трейдеров, которые осознали необходимость стороннего контроля за их торговлей для улучшения торговых результатов.  Для максимальных результатов - должен стоять на отдельном VPS сервере и у трейдера не должно быть возможности менять настройки в торговый период.
Grid Hero War Pad
Chock Hwee Ng
3.67 (6)
Grid Hero War Pad is a  GRAPHICAL MANUAL TRADER version of the original Grid Hero EA, designed and created for ADVANCED TRADERS who are experienced in plotting their own market entries. It is coded using ADVANCED GRAPHICAL INTERFACE programming, that combines the power of discretionary trading with Grid Hero algorithm in the form of a graphical console with button-click easy execution. It allows you to execute trades manually using Market Orders and Pending Orders, and then automatically uses t
MirrorEA
Eugenio Bravetti
The new version of  MirrorSoftware 2021  has been completely rewriten and optimized.  This version requires to be loaded only on a single chart because  it can detect all actions on every symbol and not only the actions of symbol where it is loaded. Even the  graphics and the configuration mode  have been completely redesigned. The MirrorSoftware is composed of two components (all components are required to work):  MirrorController  (free indicator): This component must be loaded into the MAST
Open charts
Maksim Slovakov
Скрипт открывает графики по всем инструментам находящимся в окне "Обзор рынка" и по желанию может задать для всех графиков один шаблон. Так-же можно удалить все графике открытые в терминале Мт4. В скрипте имеются следующие настройки: "Таймфрейм" по умолчанию M30;             (Можно поставить свой: M1, M5, M15, M30, H1, H4, D1, W1, MN.) "Задержка" по умолчанию "0";                  (Задержка перед открытием следующего графика в миллисекундах.) "Шаблон" по умолчанию "True";                (True=пр
TFA Trade Manager
TFA Global Pte. Ltd.
(8th Feb 2019 Launch Promo: $97/lifetime just for 1 day! Price goes to $180/lifetime in 24 hours!) The TFA Trade Manager helps you easily manage your trades with an intelligent vertical "bars" system. You easily now easily click + drag your entry, stop loss, take profit, breakeven, partial profit and trailing stop with a few simple mouse clicks. You can also easily calculate the risk you wish to allocate to each trade by telling the trade manager your desired risk %, lot size or $dollars to risk
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The Awesome Oscillator (AO) is one of the most popular indicators that are used to measure momentum in the stock and commodity markets. It was developed by Bill Williams, a famous charting enthusiast and technical analyst who approached the markets on a psychological level. In this article, we will detail the calculations used to compile the Awesome Oscillator to then move on to applying the indicator in practice. We are also going to look at how the AO is different from other oscillators, as we
Currency trading   offers a challenging and profitable opportunity for well-educated investors. However, it is also a risky market, and traders must always remain alert to their positions—after all, the success or failure is measured in terms of the   profits and losses   (P&L) on their trades. It is important for traders to have a clear understanding of their P&L because it directly affects the   margin   balance they have in their   trading account . If prices move against you, your margin bal
Do you want to have a fully automated trading bot that trades instead of you to make profits all the time? Get your unlimited account license copy for only £49.99 one time payment! Features: Forex Golden Moon EA Automated Forex Trading System For MetaTrader 4 Setup Instructions | Quick & Easy 5 Minute Setup | Set & Forget Unlimited Licenses For All Your MT4 Accounts No Trading Experience Required US Brokers | Non-US Brokers No Trading Account Limitations Optimised SET files included He
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