or see friends of forex traders who often search and want to try various indicators, remind me of past trading exercises. I want to find and use one indicator with another indicator. It turned out that what had been tried did not match or did not match what was expected. There are always weaknesses, the signals given are inaccurate, or difficult to control on one of the indicators encountered.

good indicators

Such problems sometimes feel tedious. Maybe friends have experienced frustration when testing one of the favorite indicators, but it turned out that after being used several times it produced a fatal error. Even though initially it was felt the most suitable.

Finally those who have found weaknesses in the indicator of choice, then try to find more indicators that are easier to help in getting profit. Although sometimes what they are looking for cannot be found. Maybe you are still searching for indicators that are suitable or at least able to make it comfortable with the signals they give. Here are some descriptions that can help you in choosing indicators:

1. Easy to understand

A good technical indicator is an indicator that can be known by its formula and can be known the flow of the market symptoms that are happening. When prices rise or fall, the indicator can formulate a picture of the signal that is happening. When the price has reached a certain increase or decrease and has saturated the trend, the indicator can calculate how close the area is to saturation with the current price momentum.

When the formulation is known, and the arithmetic calculation is in accordance with the logic, the flow in the indicator can be clearly drawn. You can understand the mindset of indicators according to market movements. But if you feel you don't understand certain indicators, maybe you will feel right now because by chance the signal given is very good and looks accurate, but when you use it everyday, the indicator will show its weakness. So understand the storyline and formulation of the indicators that you expect.

2. Not complicated

Sometimes there are lots of indicators that are easy to understand, easy to know the mathematical calculation program flow, but difficult to use. Remember, mastery of the indicator is not determined by how complicated the indicator is but from simple in helping to find the signal.

What do you expect when there are complicated indicators? Of course you will first try hard to read, understand, and translate the weaknesses and strengths. But when the indicator is too complicated to translate the signal that will be used in forex trading, then you will have difficulty in making transactions.

Complex or simple an indicator for trading, will not determine your trading results. Many things that can be done to improve trading results actually have nothing to do with indicators.

Conclusion

To find a good indicator, you can see from two sides. The first is the ease of understanding the contents of the trip signal that can be obtained from the indicator. The second is how complicated or not an indicator can be understood.

When you have indicators that are simple, easy to understand, and not complicated to use, you can already find indicators that are suitable and comfortable in the analysis. When you are comfortable with these indicators, the weaknesses of the indicator will be changed to excess. If you are able to recognize his weaknesses and be transformed into an advantage, then your trading will feel exciting.

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