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The Most Popular Forex Indicator?

September 14, 2009 (Last updated on March 30, 2017) by

Indicators are great tools that allow forming trading strategies and systems in Forex. They present an easy-to-understand visual form of what’s going on in the market (on the chart, actually) without requiring a trader to perform various rather difficult and time-consuming calculations. Modern trading platforms, like MetaTrader 4, allow traders to create their own indicators, but there are several popular standard indicators that are used by the online traders on any platform and with any broker. I prefer using the chart without indicators but occasionally, I add some of them to confirm my assumptions about the market. I prefer using the simple ones and I try to avoid those that I do not fully understand (like Ichimoku Kinko Hyo). And how about you?

What standard Forex indicators do you use?

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If you want to share your thoughts on using the standard chart indicators in Forex trading, please feel free to reply using the form below.

8 Responses to “The Most Popular Forex Indicator?”

  1. Alan

    Many people see to use fast and medium MA’s. Fewer people use slow MA’s but I find them helpful. I think the most valuable indicator though is the MACD.

    Reply

  2. Bro Taj

    Yes most of people use MA. MA is lagging indicator.

    Reply

  3. Andrei

    I am not surprised to see the Moving Average on the the first place and the Ichimoku Kinko Hyo on the last, but really, who are those 3 traders that use this indicator? How do they do that? Do you mind sharing your system with Ichimoku Kinko Hyo? Is it successful?

    Reply

  4. Emmanuel

    could someone please tell me about Finotec Trading Platform. Are they good?

    Reply

  5. Festus

    I think among all the indicators i like stoch. and MACD. but i’ll like to ask a question;should in the course of trading use lagging indicators or leading indicators or both in order to achieve a better tra?de

    Reply

    admin Reply:

    I believe that combining leading and lagging indicators should bring better results, but I am not a big believer in indicators at all.

    Reply

  6. EDWARD LEKATA CHAKA

    I need them all quickly in my email.

    Reply

  7. EDWARD LEKATA CHAKA

    ADX IS THE ONE AND BLUE LINE TRACER

    Reply

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