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Forex
Forex trading: Understanding Technical Indicators
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[QUOTE="FXOchartist, post: 304067, member: 90221"] Technical indicator in forex trading described trading tool in the forex analysis, there are two type indicator technical in forex and also stock market and can be applied in another financial market like crypto, commodity,etc. First type indicator lagging, it is means indicator gives a signal after the trend formed. Second is leading indicator, it is means indicator gives a signal before the trend formed. Lagging indicator usually included in trend indicator like moving average, MACD, Bollinger band, and more. While leading indicator included oscillator indicator like stochastic, Relative strengh index, and more. Each type indicator has advantages and disadvantages each others, and no perfect indicator able to confirm signal 100 % accurate. In trading using MT4 terminal with FXOpen broker, I often use indicator technical moving average, bollinger band, and RSI. [/QUOTE]
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Forex trading: Understanding Technical Indicators
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