what are the staple indicators that are most used by traders in forex?
Do you guys look into pivots points? (using the pivot formula, not fibo, etc...)
Do you guys look into pivots points? (using the pivot formula, not fibo, etc...)
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Quoting bundyraiderDislikedMan, you'll get a hundred different answers here! LOL
In many articles on the web 200 EMA is mentioned many many times. Acts as support so many times it's dumb not to have it sitting there.
MACD is extremely popular too.
I have both these hanging around just because so many other people are watching them.
Pivot points are definetely adhered to. More powerful with weeklies, but dailys work pretty well too.
I use other MAs, and occaional indicators, but what I've mentioned above seem to be the popular.
,BundyIgnored
Quoting Trader1580Dislikedyep, MACD is big, 200sma---on the daily chart you mean?
I currently use FXDD meta trader, how do I have the pivots up? I don't see it in indicators...Ignored
Quoting Trader1580Dislikedwhat are the staple indicators that are most used by traders in forex?
Do you guys look into pivots points? (using the pivot formula, not fibo, etc...)Ignored
Quoting Trader1580Dislikedwhat are the staple indicators that are most used by traders in forex?Ignored
Quoting Trader1580DislikedDo you guys look into pivots points? (using the pivot formula, not fibo, etc...)Ignored