Indicator :-

Forex indicator is help a trader to find trend and take perfect entry (buy or sell).indicator is totally mathematical formula.it take many price parameters and give a final signal .

using indicators find a trend,buy sell signal , trend reversal , support resistance , and retracement.

using indicator to save time of market analysis.

we told you its a mathematical formula but you not to worry any calculation. its readymate , and provided by terminal. you first select and use it .

below many indicators are describe you can learn and apply.

1.Moving average

moving average is a identify trend is up or down . moving average follow close price .how many days average you want ? first select time period and it will display.

manually you select open,close,high,low price,but by default it choose close.

trend is friend ,follow trend so not to fight with them. in buying trend you make buy entry you can get profit , but buying trend in making sell Entry so its wrong work. so always follow trend.

so come back to moving average.

moving average 4 types

1.simple moving average.( SMA )

2.exponential moving average.( EMA )

3.smoothed moving average

4.linear weighted average.

1.simple moving average.( SMA )

most of user use this moving average.it is simple indicate a support and resistance.its common time period is 10,20,50,100,200 etc

Example

2.exponential moving average ( EMA )

Exponential moving average (EMA) indicate Dynamic support and resistance.its common time period is,20,50,100,200 etc.

Example

simple moving is fast but give some time false signal when exponential moving average is slow .

Example of SMA(50) and EMA(50)

2 moving average use to make entry when 10 SMA cross 20 SMA.

Example of 2 moving average.

Bollinger Band