Vlad RF
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Top 10 Forex Indicators That Every Trader Needs
Author: Victor Gryazin
Dear Traders,
Indicators have long been introduced to the trading systems of many traders. As a minimum, they are of good help in chart analysis, as a maximum, they are the base of the whole trading system. Algorithmic trading, which means automatizing the work and creating trading robots, is also mostly based on the signals of various indicators.
In this article, we will review the ten most popular indicators for the analysis of and trading on financial markets.
Moving Average
It will hardly be too bold to say that the Moving Average is the queen of all indicators, as it is among the simplest and the most popular ones. Apart from the immediate use, it serves as the base for some more complicated indicators.
The Moving Average is the average price indicator for a certain period. There are several types of Moving Averages: the simple, exponential, smoothed, linear weighted ones. They are slightly different in terms of calculating but their essence remains the same: they demonstrate the dynamics of the averaged price during a certain period.
A Moving Average is represented as a line directly on the price chart. It shows the direction of the trend well: a declining MA indicates a downtrend, while a growing MA means an uptrend. To get trading signals, we normally use two or more Mas for different periods.
Fibonacci The indicator is based on the well-known sequence of numbers of an Italian mathematician Fibonacci (Leonardo of Pisa). It uses the relations of the numbers in the sequence...
Read more at R Blog - RoboForex
Sincerely,
RoboForex team
Author: Victor Gryazin
Dear Traders,
Indicators have long been introduced to the trading systems of many traders. As a minimum, they are of good help in chart analysis, as a maximum, they are the base of the whole trading system. Algorithmic trading, which means automatizing the work and creating trading robots, is also mostly based on the signals of various indicators.
In this article, we will review the ten most popular indicators for the analysis of and trading on financial markets.
Moving Average
It will hardly be too bold to say that the Moving Average is the queen of all indicators, as it is among the simplest and the most popular ones. Apart from the immediate use, it serves as the base for some more complicated indicators.
The Moving Average is the average price indicator for a certain period. There are several types of Moving Averages: the simple, exponential, smoothed, linear weighted ones. They are slightly different in terms of calculating but their essence remains the same: they demonstrate the dynamics of the averaged price during a certain period.
A Moving Average is represented as a line directly on the price chart. It shows the direction of the trend well: a declining MA indicates a downtrend, while a growing MA means an uptrend. To get trading signals, we normally use two or more Mas for different periods.
Fibonacci The indicator is based on the well-known sequence of numbers of an Italian mathematician Fibonacci (Leonardo of Pisa). It uses the relations of the numbers in the sequence...
Read more at R Blog - RoboForex
Sincerely,
RoboForex team