Best forex trading indicators
Trading indicators are the most important element of technical analysis and an integral part of any successful trading system. Each indicator is based on a mathematical function built on trading indicator value statistics. Using several trading indicators at the same time, the trader gets an opportunity to make a more accurate prediction of rate change dynamics, and, therefore, to improve the results of the strategy selected significantly. Some trading platforms, in particular, MetaTrader, have a special programming language that allows not only to create trading robots but also to program personal unique indicators.
List of main indicators:
Acceleration Deceleration OscillatorADXAlligatorAverage True RangeBears Power indicatorBollinger BandsBulls Power indicatorFibonacci IndicatorFractal indicatorHull Moving Average
Momentum indicatorMoney flow index indicatorMoving AverageMoving Average Convergence DivergenceOn balance volumeParabolic SAR indicatorPrice Action indicatorsRelative Strength IndexStandard Deviation indicatorStochastic Oscillator