Now on to the good stuff: Just how profitable is each technical indicator on its own? After all, forex traders don't include these technical indicators just to make. Moving Average Convergence/Divergence (MACD) is a Forex indicator designed to gauge momentum. Not only does it identify a trend, it also attempts to measure the strength of the trend. In terms of giving you a feeling for the strength behind the move, it is perhaps the best indicator for Forex. With a 93% success ratio, Pipbreaker is one of the best indicator for mt4, which works with all types of Trading and gives you signals with amazing accuracy.
(naturally, I don't consider a good indicator: profitable in trading. The purpose of this thread is solely increasing our mindset and depth in the. Discover the Best Forex Indicators for a Simple Strategy. Moving Average. RSI (Relative Strength Index) Slow Stochastic. MACD. The best Forex indicator: The simplicity of Stochastic. The Stochastic is a momentum indicator created by George Lane. In other words, the Stochastic indicator tracks the momentum of price.
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