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Indicators that are often used by traders

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The use of Technical Indicators like complementary foods for the main course, is often ruled out by traders because for them it is confusing because in the end it gives false signals. Well, most of this is probably caused by an inability to use indicators that traders often use.

Signals from Trading Indicators

In fact, this error can occur because Trader A uses X indicator exclusively (without the help of other indicators), for example when the indicator raises signals for buy or sell positions, it is actually saturated market conditions (overbought or oversold) so that the trend corrects against trader predictions A earlier.

Up to this point, you might ask, "If only one indicator is not enough, then you have to use indicators?"

Here are some popular indicators that are often used by traders and you deserve to learn, with the hope that these indicators can sharpen your analysis of market trends:

 

1. Moving Averages
You could say Moving Averages are "first love" for beginner traders, so impressive and hard to forget. Simplicity in its use is the main reason why this indicator is a favorite choice.

Just use a few MA lines (Moving Average), where one long period MA (100, 200) will be a benchmark for traders to read when an uptrend or downtrend occurs.

Moving Averages

 

For example, when an uptrend occurs, add a few MA lines with a short period (10, 20), watch the position of the MA with a short period, if the position begins to intersect with the long period MA, be prepared for long positions.

Moving Averages

 

2. MACD (Moving Averages Convergence Divergence):
The derivatives of Moving Averages generally use two EMA (exponential moving averages) with 12 (fast length) and 26 (slow length) periods. Two EMA lines are calculated by reducing EMA with period 26 from EMA in period 12. In addition, EMA with period 9 is added to reinforce buy or sell signals.

The buy signal in MACD is usually captured when fast length cuts the slow length and moves upwards, while the sell signal when fast length cuts the slow length and moves down.

MACD indicator

 

3. RSI (Relative Strength Index)
The RSI indicator is used to determine overbought or oversold conditions when a trend is happening. The RSI scale starts from 0 to 100, where when the line touches scale 70 and above it can be concluded that the market conditions are overbought. Conversely, when the line touches the scale 30 and below, the market is oversold.

RSI indicator

Let's say the market is in an uptrend, where the line will be around range 70 and above for a sustained time. At that time, if the line moves down to range 50 then returns to crawl up, get ready for a Buy position. Why wait until range 50? Because during an uptrend, the line will drop below 30 only when the market experiences a reversal.

 

4. OBV (On Balance Volume)
Market transaction volume is based on the assumption that ideally volume confirms market trends. An increase in market prices will be followed by an increase in On Balance Volume (OBV), while a decrease in market prices will be followed by a decrease in OBV.

Of course market conditions are not always ideal, so if the OBV line crawls up but market prices are still stagnant, there is a high chance that market prices will follow OBV.

Likewise when prices rise but OBV shows a decline or stagnation, it could be that market prices have approached the peak.

OBV indicator

Once you start learning to use the indicators above, you will realize the importance of using more than one type of indicator to read the market situation. For example, when you use an MA, then the MA will provide a trading signal that is usually rather late because the MA is indeed a lagging indicator. That is where other indicators such as RSI are needed to determine whether when you are in an open position, the market is saturated or not.


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#1 - February 04, 2019, 07:01:03 AM

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if I personally, I think the indicators that are often used by traders are, MACD, MA, Billinger Band, parabolic sar, and pivot points according to what I know and I also use them
#2 - February 04, 2019, 09:18:43 AM

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good evening, I am interested in your discussion of "what indicators are often used by traders", if what I have analyzed so far in my opinion the indicator that is often used by a trader is Moving Average this indicator is often on every graph of a trader, and also trendline indicators are often used by traders in the world because this is the most popular indicator
#3 - February 05, 2019, 12:54:21 PM

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As far as I know, the most widely used indicator by traders is the moving average, because this indicator can detect trends that occur easily and simply. And the second is the bollinger band, which is the same as the moving average, this bolling band indicator is also used to detect trends that occur. But when we want to choose which indicator we will use, we should use our comfort as a parameter, don't just follow other people



#4 - February 06, 2019, 05:03:39 AM

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There are many well-known indicators and are often used by traders to do technical analysis including what you have mentioned. In my opinion, the MA indicator is most often used and is always set to the default template mt4. Moving Average is a general indicator, simple and quite accurate, this indicator can also be set according to the time frame and needs by changing the MA period.
#5 - February 07, 2019, 08:51:50 AM

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if I myself use bollinger bands and combined with moving averages. Bollinger himself to find out what trends are happening and the moving average I use for entry when prices are being corrected. This bollinger band is very good to use when the market is sideways
#6 - February 14, 2019, 12:17:46 AM

  • Indicators that are often used by traders in Forex Education_Bruce_Willis
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The use of Technical Indicators like complementary foods for the main course, is often ruled out by traders because for them it is confusing because in the end it gives false signals. Well, most of this is probably caused by an inability to use indicators that traders often use.

Signals from Trading Indicators

In fact, this error can occur because Trader A uses X indicator exclusively (without the help of other indicators), for example when the indicator raises signals for buy or sell positions, it is actually saturated market conditions (overbought or oversold) so that the trend corrects against trader predictions A earlier.

Up to this point, you might ask, "If only one indicator is not enough, then you have to use indicators?"

Here are some popular indicators that are often used by traders and you deserve to learn, with the hope that these indicators can sharpen your analysis of market trends:

 

1. Moving Averages
You could say Moving Averages are "first love" for beginner traders, so impressive and hard to forget. Simplicity in its use is the main reason why this indicator is a favorite choice.

Just use a few MA lines (Moving Average), where one long period MA (100, 200) will be a benchmark for traders to read when an uptrend or downtrend occurs.

Moving Averages

 

For example, when an uptrend occurs, add a few MA lines with a short period (10, 20), watch the position of the MA with a short period, if the position begins to intersect with the long period MA, be prepared for long positions.

Moving Averages

 

2. MACD (Moving Averages Convergence Divergence):
The derivatives of Moving Averages generally use two EMA (exponential moving averages) with 12 (fast length) and 26 (slow length) periods. Two EMA lines are calculated by reducing EMA with period 26 from EMA in period 12. In addition, EMA with period 9 is added to reinforce buy or sell signals.

The buy signal in MACD is usually captured when fast length cuts the slow length and moves upwards, while the sell signal when fast length cuts the slow length and moves down.

MACD indicator

 

3. RSI (Relative Strength Index)
The RSI indicator is used to determine overbought or oversold conditions when a trend is happening. The RSI scale starts from 0 to 100, where when the line touches scale 70 and above it can be concluded that the market conditions are overbought. Conversely, when the line touches the scale 30 and below, the market is oversold.

RSI indicator

Let's say the market is in an uptrend, where the line will be around range 70 and above for a sustained time. At that time, if the line moves down to range 50 then returns to crawl up, get ready for a Buy position. Why wait until range 50? Because during an uptrend, the line will drop below 30 only when the market experiences a reversal.

 

4. OBV (On Balance Volume)
Market transaction volume is based on the assumption that ideally volume confirms market trends. An increase in market prices will be followed by an increase in On Balance Volume (OBV), while a decrease in market prices will be followed by a decrease in OBV.

Of course market conditions are not always ideal, so if the OBV line crawls up but market prices are still stagnant, there is a high chance that market prices will follow OBV.

Likewise when prices rise but OBV shows a decline or stagnation, it could be that market prices have approached the peak.

OBV indicator

Once you start learning to use the indicators above, you will realize the importance of using more than one type of indicator to read the market situation. For example, when you use an MA, then the MA will provide a trading signal that is usually rather late because the MA is indeed a lagging indicator. That is where other indicators such as RSI are needed to determine whether when you are in an open position, the market is saturated or not.

Hi turtlegain,Good morning to indonesian...
There are so many indicators which used by traders in all around the world.i like with your post,whom very usefully to me,but has not yet completed, i hope you could completed it's at the next time you post.
#7 - February 14, 2019, 12:25:03 AM

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I can only use the Moving Average to confirm the direction of a trend because I need trading in trend direction information and I never want to understand the risk for counter trends. So I very often use MA and some indicators that show my price trend for MA settings. 60 MA 100 MA 200.
#8 - February 18, 2019, 03:51:44 AM

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I once knew, the most used indicator by traders is the moving average, I also use moving average indicators because this indicator can detect trends that occur easily and simply. And the second is Bollinger Band, and I also put a stochastic oscillator indicator on it. But when we want to choose which indicator we will use, we must use our comfort as a parameter, don't just follow the others.
#9 - February 18, 2019, 05:39:25 AM
« Last Edit: February 18, 2019, 05:23:41 PM by Hisbul Maulana Fahmi »

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In my opinion, the simplicity of using a moving average is the main reason why this indicator is my favorite choice.

Simply use a few MA lines (Moving Average), where one long period MA (100, 200) will be a benchmark for traders to read when an uptrend or downtrend occurs. Thank you
#10 - February 18, 2019, 06:42:18 AM

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Since the first time I traded I always use a moving average because moving avarage is a simple indicator
#11 - May 11, 2019, 06:27:00 AM

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Indicators that are often used by traders in Forex Education_xx
The use of Technical Indicators like complementary foods for the main course, is often ruled out by traders because for them it is confusing because in the end it gives false signals. Well, most of this is probably caused by an inability to use indicators that traders often use.

Signals from Trading Indicators

In fact, this error can occur because Trader A uses X indicator exclusively (without the help of other indicators), for example when the indicator raises signals for buy or sell positions, it is actually saturated market conditions (overbought or oversold) so that the trend corrects against trader predictions A earlier.

Up to this point, you might ask, "If only one indicator is not enough, then you have to use indicators?"

Here are some popular indicators that are often used by traders and you deserve to learn, with the hope that these indicators can sharpen your analysis of market trends:

 

1. Moving Averages
You could say Moving Averages are "first love" for beginner traders, so impressive and hard to forget. Simplicity in its use is the main reason why this indicator is a favorite choice.

Just use a few MA lines (Moving Average), where one long period MA (100, 200) will be a benchmark for traders to read when an uptrend or downtrend occurs.

Moving Averages

 

For example, when an uptrend occurs, add a few MA lines with a short period (10, 20), watch the position of the MA with a short period, if the position begins to intersect with the long period MA, be prepared for long positions.

Moving Averages

 

2. MACD (Moving Averages Convergence Divergence):
The derivatives of Moving Averages generally use two EMA (exponential moving averages) with 12 (fast length) and 26 (slow length) periods. Two EMA lines are calculated by reducing EMA with period 26 from EMA in period 12. In addition, EMA with period 9 is added to reinforce buy or sell signals.

The buy signal in MACD is usually captured when fast length cuts the slow length and moves upwards, while the sell signal when fast length cuts the slow length and moves down.

MACD indicator

 

3. RSI (Relative Strength Index)
The RSI indicator is used to determine overbought or oversold conditions when a trend is happening. The RSI scale starts from 0 to 100, where when the line touches scale 70 and above it can be concluded that the market conditions are overbought. Conversely, when the line touches the scale 30 and below, the market is oversold.

RSI indicator

Let's say the market is in an uptrend, where the line will be around range 70 and above for a sustained time. At that time, if the line moves down to range 50 then returns to crawl up, get ready for a Buy position. Why wait until range 50? Because during an uptrend, the line will drop below 30 only when the market experiences a reversal.

 

4. OBV (On Balance Volume)
Market transaction volume is based on the assumption that ideally volume confirms market trends. An increase in market prices will be followed by an increase in On Balance Volume (OBV), while a decrease in market prices will be followed by a decrease in OBV.

Of course market conditions are not always ideal, so if the OBV line crawls up but market prices are still stagnant, there is a high chance that market prices will follow OBV.

Likewise when prices rise but OBV shows a decline or stagnation, it could be that market prices have approached the peak.

OBV indicator

Once you start learning to use the indicators above, you will realize the importance of using more than one type of indicator to read the market situation. For example, when you use an MA, then the MA will provide a trading signal that is usually rather late because the MA is indeed a lagging indicator. That is where other indicators such as RSI are needed to determine whether when you are in an open position, the market is saturated or not.
Actually there are many more default indicators that are often used by traders such as pivot, fibo, bolingerband and many more.
#12 - May 12, 2019, 10:07:13 PM

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Actually there are many more default indicators that are often used by traders such as pivot, fibo, bolingerband and many more.
yes, there are a lot of simple, powerful indicators and can be combined at will including indicators that have been TS and you mentioned.
#13 - May 12, 2019, 10:25:07 PM

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Indicators that are often used by traders in Forex Education_xx
The use of Technical Indicators like complementary foods for the main course, is often ruled out by traders because for them it is confusing because in the end it gives false signals. Well, most of this is probably caused by an inability to use indicators that traders often use.

Signals from Trading Indicators

In fact, this error can occur because Trader A uses X indicator exclusively (without the help of other indicators), for example when the indicator raises signals for buy or sell positions, it is actually saturated market conditions (overbought or oversold) so that the trend corrects against trader predictions A earlier.

Up to this point, you might ask, "If only one indicator is not enough, then you have to use indicators?"

Here are some popular indicators that are often used by traders and you deserve to learn, with the hope that these indicators can sharpen your analysis of market trends:

 

1. Moving Averages
You could say Moving Averages are "first love" for beginner traders, so impressive and hard to forget. Simplicity in its use is the main reason why this indicator is a favorite choice.

Just use a few MA lines (Moving Average), where one long period MA (100, 200) will be a benchmark for traders to read when an uptrend or downtrend occurs.

Moving Averages

 

For example, when an uptrend occurs, add a few MA lines with a short period (10, 20), watch the position of the MA with a short period, if the position begins to intersect with the long period MA, be prepared for long positions.

Moving Averages

 

2. MACD (Moving Averages Convergence Divergence):
The derivatives of Moving Averages generally use two EMA (exponential moving averages) with 12 (fast length) and 26 (slow length) periods. Two EMA lines are calculated by reducing EMA with period 26 from EMA in period 12. In addition, EMA with period 9 is added to reinforce buy or sell signals.

The buy signal in MACD is usually captured when fast length cuts the slow length and moves upwards, while the sell signal when fast length cuts the slow length and moves down.

MACD indicator

 

3. RSI (Relative Strength Index)
The RSI indicator is used to determine overbought or oversold conditions when a trend is happening. The RSI scale starts from 0 to 100, where when the line touches scale 70 and above it can be concluded that the market conditions are overbought. Conversely, when the line touches the scale 30 and below, the market is oversold.

RSI indicator

Let's say the market is in an uptrend, where the line will be around range 70 and above for a sustained time. At that time, if the line moves down to range 50 then returns to crawl up, get ready for a Buy position. Why wait until range 50? Because during an uptrend, the line will drop below 30 only when the market experiences a reversal.

 

4. OBV (On Balance Volume)
Market transaction volume is based on the assumption that ideally volume confirms market trends. An increase in market prices will be followed by an increase in On Balance Volume (OBV), while a decrease in market prices will be followed by a decrease in OBV.

Of course market conditions are not always ideal, so if the OBV line crawls up but market prices are still stagnant, there is a high chance that market prices will follow OBV.

Likewise when prices rise but OBV shows a decline or stagnation, it could be that market prices have approached the peak.

OBV indicator

Once you start learning to use the indicators above, you will realize the importance of using more than one type of indicator to read the market situation. For example, when you use an MA, then the MA will provide a trading signal that is usually rather late because the MA is indeed a lagging indicator. That is where other indicators such as RSI are needed to determine whether when you are in an open position, the market is saturated or not.
in trading I use the clasic indicator, the zigzag indicator
#14 - May 13, 2019, 01:13:08 PM

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the most used indicator is the MA because the MA becomes the default on every chart on the broker platform.
#15 - May 13, 2019, 01:42:06 PM

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