Indicators In The Forex Market

11 Important Forex Economic Indicators - Admiral Markets

The dream of many Traders is to find strategies that allow them to see the trends that the market gives, on the other hand, it is important to know that the market does not always move in trend but sometimes does it in ranges even when you apply swap long swap short (swap long swap short คือ which is the term in Thai). One of the first things a Trader has to learn is to recognize when a market is trending or in a range.

In the forex market, there are a wide variety of indicators, of which some serve to see trends, among all these we will try to define some in the following lines:

The ADX is an indicator that is especially useful to see trends, its value can go from 0 to 100, although it rarely exceeds 60, it is generally managed with two reference levels that will indicate when to enter and exit the market, This indicator is very good when the trend is starting when the trend is diluting it is losing its value, that is why it is advisable to use it when the market is calm since when a trend occurs, it is not normal for the market to take an inverse trend immediately.

The Sapucay Montana is an indicator created by Ruben Dieminger, which is generally used to graphically corroborate trends in the market when the symbol is above zero. It is ideal for buyers, and when it is below zero, it is ideal for sellers.

The Parabolic SAR is an indicator that is built on price charts; it is very good at giving exit signals.

On the other hand, it is worth remembering that no strategy, such as indicators are infallible. However, if we want to have prolonged gains over time, we must rely on strategy and indicators with high effectiveness.

Justin Author