The most reliable technical indicator?

Rambo35

Confirmed PaxForex Representative
Apr 22, 2013
909
24
32
Canada
Technical analysis of the forex market is an integral part of trading. It helps identify various symbol trends, define support/resistance levels, forecast price dynamics and much more. However, there are so many indicators used for creating a technical analysis. I’m wondering which indicators are the most reliable?
 

eyeball

Master Trader
Sep 25, 2011
164
12
49
Occams Razor

`The fewer indicators one uses the better one's results will be. Indicators have a tendency to neutralize each other. The answer will ALWAYS be simpler and more direct than we imagine it to be. Occams razor translated ----"keep it simple, stupid"
 
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bablogfx

Confirmed HotForex Representative
Oct 24, 2013
190
3
27
MACD. I use it from the very start of my trading trip sometimes modificating it to adapt for current market conditions. Don't disperse your trading focus it will take its toll once..