gopala Posted March 15, 2011 Report Share Posted March 15, 2011 There are plenty indicators being claimed to be the best MT4 indicators but any traders, especially beginners should be stealthily careful when it comes to choosing a good indicator. At times, instead of providing you confirmed information the indicators might just calculate you the duplicate data. Hence it is a known fact that the indicator should supplement you, not compliment. But to overcome such problem if you have already chosen an inappropriate indicator is to check out the type of indicator then using it accordingly. If you happen to conduct a research of all the forex indicators available you would come to see that the common ones are volatility indicators, trend indicators, momentum indicators, magnitude indicators and the volume indicators. They have different functions and can contribute to a whole different group of analysis. Trend indicators are mostly used to measure the prices' trends while volume indicators distinguish the strong and weak movements. Volatility indicators display the fluctuations of prices and to what extent these variations occur while momentum reveals the data of prices by the buyers and sellers. If you wish to be sure that you own the best MT4 indicators that supplement each other, you can use the chart. You can construct a chart then place all the indicators you have chosen then analyze the outcome when you witness the trend. If the chart happens to display similar intervals of the ups and downs at the same time, very likely you are using the same foreign indicators and they are supplementing each other to provide you equivalent information. There is no specific limit for the number of indicators so no figure is too much for a trader. As you can choose as many indicators as you want, you probably need to analyze each of the forex indicators to conclude the best analysis of a particular set of indicators. Otherwise, simply using the indicators in a messy scheme would not deliver you accurate and valuable information about the market variations. The sources for indicators are not limited as well, considering there are plenty of trade firms with amazing reputations offering indicators via the internet. You can just download them or make your purchase if you intend to have more advanced indicators. ADVANCED FISHER TRANSFORM V1 http://img843.imageshack.us/img843/9339/advancedfisherv1.gif[/url] hxxp://depositfiles.com/files/zr5f954ib ismael360 and darkwalker 2 Quote Link to comment Share on other sites More sharing options...
bgrtz Posted March 16, 2011 Report Share Posted March 16, 2011 totally agree 100%. but not that repainting one either :P Quote Link to comment Share on other sites More sharing options...
ismael360 Posted March 17, 2011 Report Share Posted March 17, 2011 Does your fisher repaint? Quote Link to comment Share on other sites More sharing options...
dk1aussie Posted March 17, 2011 Report Share Posted March 17, 2011 Does your fisher repaint? all the fisher indicators repaint ..... Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.