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Top 10 Trend Reversal Indicators For MT4

Most forex traders are trend traders and follow the trend using various technical indicators. Trend following is indeed the best technical trading strategy. But the problem lies in identifying the reversal of an existing trend. A trend reversal signals the beginning of a new trend in many instances, though the market may stay sideways otherwise. Most traders will agree that identifying the reversal of an existing market trend is as important as identifying the beginning of a new market trend....

The Best RSI Indicator For MT4

These are some of the best indicators to be based on the RSI and how to make the best use of them in your trading. The RSI is an indicator that has many expert and novice forex traders relying on its signals. Some use the indicator for its overbought and oversold levels. Some others use it to tell the trend. Another instance the RSI excels at is in telling currency pair momentums. These signals offer these traders useful insights into the...

The Best Divergence Indicators For MT4

Don’t miss divergences anymore. Choose from this list of the best divergence indicators to help you spot divergences on your forex chart in real-time. Divergence is a situation on the forex chart where the indicator and the price go in different directions. Examples are any of these two scenarios: The indicator has lower highs between two peaks while the price has higher highs, and vice versa The indicator has lower lows between two troughs while the price has higher lows,...

The Best MT4 Indicators For Scalping

One tool scalp traders use in their technical analysis is forex indicators, and rightly so. Indicators offer a quick way to analyze the chart and even derive instant signals. These two abilities of indicators are very important to scalpers, as they have to make split-second decisions in order to rake in their pips. However, there is an unending list of indicators out there, such that it could be almost impossible to pick one. The decision is made even more difficult by...

Best Volume Indicators For Forex Traders

The best volume indicators are a gem to have as you make your technical trade analysis in forex. This article is dedicated to showing you some of them. Many professional forex traders never make a trade without consulting a volume indicator. The reason is that most trend indicators merely give you entry and exit signals. But not all signals are true. Relying solely on trend indicators may cause you to get into more losses. This is where a volume indicator comes...

Best Indicators For Intraday Trading

Intraday trading relies so heavily on technical analysis and indicators. But of the plethora of indicators out there, which of them are best for intraday trading? After we reviewed numerous indicators, we came up with 5 that consistently looked promising for intraday trading across various timeframes. Let’s dive in. Hull Moving Average Indicator The Hull Moving Average Indicator is your normal moving average indicator, but with an extra bit of advantage. It has all the tweaking features of the moving average indicator that...

The Best Indicators For Swing Trading

Swing traders mostly rely on technical analysis tools, such as indicators, to make their analyses. But of the many indicators out there, here are some of the best for swing traders. RSI Divergence Indicator This indicator is based on the original RSI indicator, as the name suggests. But it’s not just another RSI indicator. Instead, it picks one of the most commonly used features of its base indicator, the RSI divergence, and develops signals based on it. The RSI divergence indicator -...

How To Forex News Trading

There are generally two approaches to trading forex. The first is technical analysis. The other is fundamental analysis, where a trader analyzes currencies and every important bit of information that relates to them before making speculations on the pairs involving the currencies. And one important piece of information that fundamental analysis relies upon is the news.  This article teaches how to trade the news in forex. Why Trade the Forex News There are many factors that drive the forex market, and the...

How to Become a Successful Forex Trader

If you are reading this article then you are either a beginner Forex trader or one of many that have busted their account. Whatever category you fall in, actually you are on the right track! What makes us tell this? We know every failure is a necessary step to success. If you wonder how to become a successful trader, know, that you are already on track: You took action. You did not give up. And you are seeking new...

Recommended Brokers

The list of Brokers recommended for indicators trading
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