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HBest Forex Indicators

In this section, we go through the top 10 best indicators for forex in more detail so you can see them in action and incorporate them in your trading. To do this we will be using the technical analysis charts and indicators provided by top-rated broker eToro. You can also use these forex indicators for Metatrader 4.  

1. Moving Averages

Moving averages is one of the best forex trend indicators there are. They help to smooth price data so you can identify the overall market trends. The levels of moving averages are commonly quoted in financial media and used by trend-following algorithms.  

The two most popular types of moving averages are the Simple Moving Average (SMA) and the Exponential Moving Average (EMA). There are other varieties such as the Weighted Moving Average (WMA) as well.  

The Simple Moving Average (SMA) is formed on a chart by calculating the average price of a specified number of bars or periods. The average price is usually taken from the closing price but can be adjusted to calculate from the open, high, or low.  


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Scalper-Roboter für den Zeitrahmen M5. Handelt mit dem Währungspaar GBPUSD. Dieser Roboter wurde von einem Unternehmen professioneller Händler speziell für den Handel mit Pfund Sterling entwickelt. Der Roboter eröffnet täglich etwa 5 bis 15 Trades. Es ist am besten, mit Brokern zu handeln, die einen niedrigen Spread auf GBPUSD von bis zu 10 Pips haben. Die empfohlene Mindesteinzahlung zu Beginn beträgt 500 $ oder mehr. Vorteile: verwendet kein Martingal. kein Netz. Jeder Trade hat einen Stop-
Chart Patterns Detect 15 patterns (Ascending Triangle, Descending Triangle, Rising Wedge, Falling Wedge, Bullish Flag, Bearish Flag, Bullish Rectangle, Bearish Rectangle Symmetrical triangle, Head and Shoulders, Inverted Head and Shoulders, Triple top, Triple Bottom, Double Top, Double Bottom) Use historical data to calculate the probability of each pattern to succeed (possibility to filter notification according to the chance of success) gives graphic indication about the invalidation level and
This is an arrow indicator without a future function,developed based on the most advanced profit trading algorithms.It has the most innovative and advanced dual trend analysis module, as well as the latest and highly effective market trend prediction algorithm.Trends are your friends, and following larger trends can earn the maximum profit in foreign exchange. This indicator helps traders identify current trends and track them. Someone once made a profit of 10 times in a week by relying on it.No
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NewsReady
Joel Protusada
NewsReady is a semi-automated Expert Advisor that uses a smart straddle methods It needs to be set in charts 2 to 10 minutes before Economic Data release with a red-flag impact on currencies related to the news. Then it run pending orders in specified number of minutes indicated in the time-period parameter. After the specified time, it will stop trading and will remove all pending orders. Important You can not backtest this tool because it is semi-automated and can only be set and run a few mi
TSScreenIchimoku
Salvatore Labriola
Panel designed for ichimoku traders. Intelligent algorithm that reveals signals over multiple time frames and multiple currency crosses.   The benefits you get :   Significantly lightens the signal search analysis. Never redesigns, does not retreat, never recalculates. Works on forex, CFD, Crypto and stocks, time frames from M5 to W1. Integrated pop-up, push notification and sound alerts. Easy to use. Parameters : Number_Instrument = 10; Number of instruments displayed Tenkan = 9; Kijun = 26
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