A good indicator in the forex trading industry possesses certain characteristics. Firstly, it should be reliable and accurate, providing consistent and relevant information for analysis. It should also be easy to understand and interpret, allowing traders to make informed decisions. Additionally, a good indicator should be customizable, allowing traders to adjust settings to suit their trading style and preferences. It should have a proven track record of effectiveness and be widely used by traders. Moreover, a good indicator should complement other technical analysis tools and provide confirmation signals. Lastly, it should be adaptable to different market conditions and timeframes. Overall, a good indicator enhances trading analysis and decision-making, contributing to improved trading outcomes.