indicator

[kakeeb]

hello traders,am a beginner i use the moving average to determine my entry and exit ,can anyone advise about this or give me a better buy/sell indicator that is more reliable

[PapiaKhatunAsha]

I personally think that Forex trading is very complicated whether you use good or bad indicators cause most of the broker will play with you and at that time you can't make a single penny with instead of trading currency storing crypto is must better.

[BubbleGum]

In reality, those moving averages, in my opinion, get you into a lot of trouble and are not something you can always rely on. In fact people who advocate using moving averages, especially in a crossover system, are either naive or not giving you all the information you need. I say that because moving averages alone are pointless.

[PapiaKhatunAsha]

I don’t think you can be successful with only one indicator. Definitely moving average is one of the great indicators but you need more of them. There are lots of them such as
* Moving average (MA)
* Exponential moving average (EMA)
* Stochastic oscillator
And lots more. You need to apply more of them to get better results. I know it’s a great but tough job to do so much analysis by myself. So, I go to FreshForex and follow their analysis with lots of given indicators and I am happy with the final results.