Do Forex INDICATORS work? And what is the BEST one?!

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  • Опубликовано: 9 июн 2024
  • Let's talk INDICATORS! Are they some magical tools that will tell you when to enter and exit the market? Can they make you money in the forex markets? How many indicators should you use on your charts and which ones are the best? Let's discuss in today's video!
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Комментарии • 189

  • @Get-up365
    @Get-up365 3 года назад +1

    really really thanks for all of your amazing videos and for all of your generosity

  • @patrickjaysondelatorre1160
    @patrickjaysondelatorre1160 4 года назад +1

    More success to you, your family and team.

  • @dawoodahmed7724
    @dawoodahmed7724 5 лет назад +15

    Simple Moving Average as support and resistance

  • @motus94
    @motus94 3 года назад +1

    Top!! Thank you very much from Paris.

  • @hoigiang
    @hoigiang 5 лет назад +1

    Thank you ! how do you comment about Williams percent range ?!is good to trade ?!and what timeframe could i use ?

  • @florianperszing3265
    @florianperszing3265 3 года назад +1

    thank you very much for a very interesting video

  • @darrenblinkhorn3261
    @darrenblinkhorn3261 5 лет назад +3

    I use some indicators the best though for me is the old horizontals . However I do mix this up with divergence , fibs and ema lines.

  • @zwewaiyann2316
    @zwewaiyann2316 3 года назад +1

    I'm using multiple indicators and having success in forex for a year now

  • @AnthonysTradingChannel
    @AnthonysTradingChannel 3 года назад

    Good job. Happy to like and leave a comment

  • @muthureddyarunachalam9467
    @muthureddyarunachalam9467 5 лет назад

    thanks a lot, thanks again.

  • @neil5611
    @neil5611 4 года назад

    You sir, are a GENIUS. This is Gold for any trader no matter the level. May God bless you always.

  • @wolbol2clean
    @wolbol2clean 5 лет назад +1

    Thank you Sir

  • @alanabela1900
    @alanabela1900 4 года назад +2

    The currency strength indicator has been around for a long time, and it also comes free.

  • @waelhabashi2794
    @waelhabashi2794 4 года назад

    Your voice is extraordinary makes me put money and then because of personality fear pressure I lose it

  • @floridahummer
    @floridahummer 3 года назад +2

    i use simple moving average and the aroon indicator and the cmf.

  • @nabeelahmed9892
    @nabeelahmed9892 3 года назад +1

    english is not my first language but you speak so clearly that i understand every single word but i think it will still be best to add subtitles! btw u r one of the best forex teacher!

    • @larrygarcia9048
      @larrygarcia9048 3 года назад

      Clients don’t care about the labor pains, they want to see the baby.This sounds so funny but ain’t it so true? No matter how much time you put into something, if the final product is not good, nothing would make a difference.if you are interested in making money from home, i will like you to check out on Mr Nicholas Myron on Instagram (@nicholas__fxtrade).I got paid of $5,550 after a week, with an investment of $700 I wish i had been doing this early . I really appreciate it and can't help but let others know about it, because it is so suitable anyone can trade from anywhere and anytime.

  • @rachidnouacer7157
    @rachidnouacer7157 3 года назад

    Great Guru Love u

  • @tmudawi1
    @tmudawi1 5 лет назад +1

    How do I download the momenumeter? Or is it available on MT4?

  • @leonardofibbonacci8926
    @leonardofibbonacci8926 5 лет назад +1

    I agree.In my case I only use 1 which is part of the algorithm I developed and currently testing.

    • @leonardofibbonacci8926
      @leonardofibbonacci8926 5 лет назад +1

      Tech Analysis+Statistics and Econometric applied over, this is how.And about the Platform I ´m making my own, but anyone could be used, MT4, Ninja Trader, even excel.

  • @predonnealibaba
    @predonnealibaba 5 лет назад

    Hello mate, where can i download this, i was on the site but can find it ? Thanks

  • @pranaysaihanumandla3105
    @pranaysaihanumandla3105 5 лет назад

    In GBPCHF. which one is taken as buying currency and which is selling currency

  • @loolkkk
    @loolkkk 5 лет назад

    Which program is being used for the momentum indicators?

  • @fwm146
    @fwm146 5 лет назад +17

    EMA and RSI just to show best entry times but always do the fundamentals

    • @fwm146
      @fwm146 5 лет назад

      What is that??

    • @wolbol2clean
      @wolbol2clean 5 лет назад +4

      You don't need fundamentals when you're a momentum trader

    • @cazkeymekam6427
      @cazkeymekam6427 4 года назад

      I've only been on the charts a month now but I'm really finding EMA's and just basic observation of price action and the overall trend seems to work okay. Except when I do things like I did this morning and tried to trade against the trend.....still struggling on how to do that properly.....maybe not at all is the right way.

  • @chivocava
    @chivocava 4 года назад +1

    I´m using a mac , do you have online ?

  • @solomonmantey7637
    @solomonmantey7637 4 года назад

    How do I get the momentum meter indicator and how much does it come with

  • @francisgitau8843
    @francisgitau8843 5 лет назад

    I use the PSAR together with the stoch RSI......and moving averages.

  • @currencystrategist5747
    @currencystrategist5747 4 года назад

    well can u explain please how did u do ur custom indicator as i cant find it or find a similar like it

  • @Thadeka.
    @Thadeka. 5 лет назад +1

    using 1 indicator ATR to show me how strong market is.all my entrys/exit are based on Price Action.Indicators are lagging behind price when i enter en moving to my target then some ppl jump in and help me get to my target

  • @prashenbimalkumar3152
    @prashenbimalkumar3152 3 года назад

    Is your momentum meter better than Adam Khoo's currency strength meter?

  • @boyet3526
    @boyet3526 2 года назад

    when to enter and exit trade using momentometer?

  • @chankas6339
    @chankas6339 3 года назад

    I'm a beginner to Forex and followed most of your videos.I'm really grateful for your channel. I got one question from the above video.In this video you have this Momentum Meter indicator. I just wanna know what represents the Y axis of that graph..

  • @danielmartin8847
    @danielmartin8847 5 лет назад +2

    HI everyone, which indicators should a forex trader use, the answer is very simple, step one:
    No indicators; control price actions, control this first, patterns levels …;
    Step two look into everything of indicator that you can see in the market but one by one and take those ones that they add value to your price action, that helps you to perform a better exit or entry, if you have one indicator that you like, them step 3 master this indicator first, then moving to the next one if you need a second indicator, based on my experience us a couch of 14 years you will not need more than 3 indicators into your charts at the same time to be a profitable trader.
    Remember the most important value that you need to get when you looking for an indicator is that indicator that work for others maybe do not work for you, because you do not fill comfortable, because you do not see what others see, just look for what makes value for you.

  • @MPlain
    @MPlain 5 лет назад +3

    indicator plus chart info plus other. never use one thing. you never trade on less then three confirmations of a price direction.

  • @Theo-qb6cy
    @Theo-qb6cy 3 года назад

    hOW TO DOWNLOAD THIS INDICATOR got to the site didn't see the indicator itself

  • @s4tsug4i74
    @s4tsug4i74 5 лет назад +2

    I went from Bollinger bands to stochastics to oscillators to having all of them altogether on a chart. honestly, they gave me more paranoia and anxiety when placing trades.
    Nowadays, I use just one SMA and that's all. I've never appreciated a cleaner chart up to now, my trades are much better coupling an SMA with price action.

    • @vananthony4851
      @vananthony4851 2 года назад

      you all prolly dont care at all but does anyone know a tool to get back into an Instagram account?
      I stupidly forgot the login password. I would appreciate any assistance you can offer me

  • @vikasmeena1411
    @vikasmeena1411 5 лет назад

    How can we knows about our broker is jenuin or not

  • @spiritofeli
    @spiritofeli 4 года назад +3

    Yes it took me 3 years to figure out the combo of indicators I needed to make profit on forex. And i use about 5 indicators. Good video

    • @cazkeymekam6427
      @cazkeymekam6427 4 года назад

      Three years sounds about right. Sometimes I just put my head on the keyboard ready to pull my hair out trying to find indicators that work for me......and settings. It's sickening how much you can modify everything.

    • @spiritofeli
      @spiritofeli 4 года назад +1

      @@cazkeymekam6427Yes me too. For my first 2 years I thought I would go insane from the emotional roller-coaster of indicators, wins, and losses.

    • @stevenford6223
      @stevenford6223 4 года назад

      Do you use Ichimoku cloud, Sma, and Ema?

    • @spiritofeli
      @spiritofeli 4 года назад

      @@stevenford6223 yes I use SMA and EMA as part of my stochastic oscillator indicator.

    • @stevenford6223
      @stevenford6223 4 года назад

      @@spiritofeli what settings would you recommend for SMA and EMA?

  • @dee23gaming
    @dee23gaming 6 месяцев назад

    Use oscillators combined with trend pullbacks. The Stochastic/Stochastic RSI is a good pullback indicator.

    • @dee23gaming
      @dee23gaming 2 месяца назад

      No, you idiot. Indicators are absolute trash. You wasted my time and money.

  • @B0NES1000
    @B0NES1000 5 лет назад +1

    MFI/RSI tells me when to sell very well and FIB
    retracement tells me alot of support and resistance levels to buy n sell on too. Thanks for your great Info/videos.
    Appreciate it.

  • @tcolts1408
    @tcolts1408 5 лет назад +23

    Growing into a mature trader, i now only use two indicators, the EMA and the RSI (just for confirming divergence). Makes trading feel so much cleaner and simple.

    • @jeremikossak9553
      @jeremikossak9553 5 лет назад +1

      Can you share what's your favorite EMAs setup ? Thanks

    • @tcolts1408
      @tcolts1408 5 лет назад +3

      Jeremi Kossak 8, 22, 28, 50, 62.

    • @nasirhakeem9063
      @nasirhakeem9063 5 лет назад

      Tino Rodriguez The best thing i can offer anyone right now is the man that taught me the best strategy i am using right now it earns me $16,000 monthly and i have been using it for 5 months now, what i love about this strategy is his consistency anytime,here is the email of the genius trader that did this for me.
      Princebrant50@gmail.com
      Skype:Princebrant50.

    • @elmanguilimotan9906
      @elmanguilimotan9906 5 лет назад

      what signal are you referring to where can I locate that in XM platform. I'm also using XM Mt4. Please share.

    • @elmanguilimotan9906
      @elmanguilimotan9906 5 лет назад

      how to set this in XM platform MT4?

  • @janvh895
    @janvh895 5 лет назад

    Mt4 i dont like. I use Nanotrader. Any way thanks for your video

  • @peterpatrick2580
    @peterpatrick2580 4 года назад +8

    When it comes to forex Mr Samuel Raphael is doing a good work , i keep making profits

    • @lawrencerodrigo8335
      @lawrencerodrigo8335 4 года назад

      When it comes to my thoughts on the best forex broker, I might be biased, but I know that Mr Samuel Raphael does a pretty good job.

    • @user-ts6ty5ji8n
      @user-ts6ty5ji8n 4 года назад

      Now I understand how forex makes you rich .since I started trading with Mr Samuel Raphael I think I'm on my way to success.

    • @luckyinvestor1036
      @luckyinvestor1036 4 года назад

      Hello sir, can i asks for your help. I have come across his reviews so many times, but i don't know how to get online with him.

    • @peterpatrick2580
      @peterpatrick2580 4 года назад

      @@luckyinvestor1036 Email him at

    • @ratdaddee
      @ratdaddee 4 года назад +1

      Wow, I just surpassed Bill Gates as the worlds richest man thanks to Mr. Samuel Raphael. He is a Forex genius. You can trust him, lol! Hahahahahahah!! Stupid scammers.

  • @chalkie4721
    @chalkie4721 5 лет назад

    What are the best places to get news that may affect forex prices?

  • @psingh4344
    @psingh4344 4 года назад

    still which indicator can we use?

  • @JOGBz
    @JOGBz 2 года назад +1

    Well multiple indicators works best for me unlike price action,when arranged well its same as price action and its even more precise. Empty screen is shit.

  • @emadabazari8182
    @emadabazari8182 5 лет назад

    Hi Andrew, is there any indicator that can tell when the big money,when the pros come in?

    • @marekj1100
      @marekj1100 5 лет назад

      The clock? Like 9 am in London, then 9 am NYC?

  • @kroshellofficial2784
    @kroshellofficial2784 5 лет назад +13

    I don't use any indicators, I enter just on pullbacks on 4hrs chart that's it. By keeping it simple I'm doing just fine.

    • @Ninja238
      @Ninja238 5 лет назад +5

      Kroshell official that's basically what I'm doing as well. I find the 4 hour chart to be the best time frame. It moves at just the right speed. Not so slow you have to wait days or weeks for a profit but slow enough so you don't have to watch the charts all the time.

    • @kroshellofficial2784
      @kroshellofficial2784 5 лет назад +3

      Alex Harrod exactly. It is right speed. we can put trades and carry on with our lives.

    • @nelisiwereid5035
      @nelisiwereid5035 5 лет назад

      H

    • @slnhn
      @slnhn 4 года назад +1

      How do you determine when the pullback has completed and is ready to reverse direction?

  • @erlendchristiansen3517
    @erlendchristiansen3517 4 года назад

    I don't know which indicator is best, and I do think what Andrew says makes sense. However. Like there are 100 different ways to play football, there are 100 different ways to trade. I want to check out the Japansese indicators; Ichimoku, Renko and Heikin Ashi. To use an analogy which might not to be too accurate. Yes, there can be too many indicators which makes you blind, but a chart with only candlesticks is like a road with no middle line or side lines or signs to me. Maybe not even a speed limit.
    It would be interesteing to do an experiment with 30 trades with line charts, 30trades with candlesticks and 30 trades with candlesticks and indicators. I am quite sure the last one would be the most succesful.

  • @arsiau
    @arsiau 5 лет назад +5

    10 EMA, 21EMA, 50SMA, 100SMA, 200SMA and that's all on the chart

    • @the1945man
      @the1945man 5 лет назад

      I USE EXACTLY THE SAME 5 INDICATORS

    • @emmanueloppong5157
      @emmanueloppong5157 5 лет назад

      So how do you trade with this, and what time flame do you use.

    • @arsiau
      @arsiau 5 лет назад +5

      50 SMA for confirmation of a trend, 100SMA and 200SMA as a support/resistance, 10EMA and 21EMA for trend following retracements, timeframes from 5 min to weekly

    • @daddytechster
      @daddytechster 5 лет назад

      Arunas Siaulys so how do you trade with this MA?

    • @apozzphere3952
      @apozzphere3952 5 лет назад

      @@arsiau I think I'll try this for few days, I'll tell again later. Thank you :)

  • @arsiau
    @arsiau 5 лет назад +4

    By the way Phil Collins, don't you use drum indicator anymore:))?

    • @Elaba_
      @Elaba_ 5 лет назад

      Arunas Siaulys His voice is a hearalike.

    • @artamerican
      @artamerican 5 лет назад

      You make me laugh, ha ha...

    • @wolbol2clean
      @wolbol2clean 5 лет назад

      @@ForexSignalsTV lol you're funny sir

  • @lionking20101000
    @lionking20101000 5 лет назад +4

    the only thing that will work is pure price action

  • @user-cx1sz8nf1e
    @user-cx1sz8nf1e 5 лет назад +4

    There is nothing the best cause everything is depend on the real market, huge of big players at that time not about any indicators. We, traders just wait and see what they will do from the real market price and follow them. just that! Stop waste ur time and money for any courses or any indicator to any IB😊😊

  • @matthunter9562
    @matthunter9562 5 лет назад

    EMA (21) & LWMA (55) with Stochastic Oscillator (5,3,3) ..

    • @Amoon55555
      @Amoon55555 5 лет назад

      Mathew AM what is LWMA??

    • @theCuchuoi1
      @theCuchuoi1 5 лет назад

      @@Amoon55555 linear weighted MA

  • @jeeleehae
    @jeeleehae 5 лет назад +11

    it's been a lot easier for me to
    make profits, I personally think it's best to trade with an expert

    • @tobiason18wheels
      @tobiason18wheels 5 лет назад +2

      There can only be one Dustin chanoch
      who is popular in the trading community and he is so wonderful, he helped me make $33,000 in 18 days. So don't think twice contact him immediately

    • @jeeleehae
      @jeeleehae 5 лет назад +4

      Just do everything he asks of you,
      he's a professional and would change your life for the better... he is trust worthy.

    • @oscarclimano5175
      @oscarclimano5175 5 лет назад +1

      dustin is a talented trader whose main objective in life is t help others achieve a life f financial freedom.

  • @tobiason18wheels
    @tobiason18wheels 5 лет назад +7

    Since i began trading with an expert
    it's been a lot easier for me to make profits, I personally think it's best to trade with an expert.

  • @Jose-lc6nj
    @Jose-lc6nj 5 лет назад

    EMA 200 close ;)

  • @johngreydanus2033
    @johngreydanus2033 4 года назад

    Title implies that indicators do work by asking the 2nd question. And shouldn’t that be “which” instead of “what”? By the way, I can trade without any indicators, strictly PRICE ONLY, ask me how!

  • @slnhn
    @slnhn 4 года назад

    Don't use MT4 for your charting software!!!! Sierra Chart is much better.
    Pivot trading with 21- and 50-day Exponential Moving Averages, then oscillators showing o/b and o/s conditions. And of course the general trend of candlesticks trending upward or downward.

  • @emilyjones6838
    @emilyjones6838 4 года назад

    What is the best forex indicator available today?

    • @andrewjackson3882
      @andrewjackson3882 4 года назад

      The best indicator today definitely is this one bit.ly/2DUvpjb

  • @MrYorcek
    @MrYorcek 4 года назад +2

    Why do even bother to add RSI or Stoch on the chart suggesting newbies to use shittest indicators ever? Both invented in 70's for stock market, nothing to do with Forex! How currency pair can be over sold or over bought?? Nonsense

  • @jerryjohn6525
    @jerryjohn6525 2 года назад +7

    Nice video!! Very engaging from the beginning to the End., I'm new to crypto trade and I have been making huge losses but recently i see a lot of people earning from it. Can someone please tell me what I'm doing wrong

    • @mercy1249
      @mercy1249 2 года назад

      All you need is a professional trader to avoid making losses

    • @janeuso5521
      @janeuso5521 2 года назад

      As a beginner who don't understand how Bitcoin trade really works and you really want to make profit from it. I will advise you to first start working with a professional

    • @ryanmoscco2222
      @ryanmoscco2222 2 года назад

      Because my portfolio has been going down the drain while I try trading, I just don't know what I do wrong!

    • @scottrebeir0169
      @scottrebeir0169 2 года назад

      Have a target profile on Bitcoin
      Keep investing Keep holding 90% of millionaires right now are investors in the crypto market

    • @philipseymour8067
      @philipseymour8067 2 года назад

      Investing in crypto is a plan for the future so it's high time people understand the importance of investment.

  • @carlo9524
    @carlo9524 4 года назад

    RSI is garbage as it is dependent on the data alone of the broker. MACD would be much better.

  • @dcbrit2003
    @dcbrit2003 5 лет назад

    I use one indicator, a Hull Moving Average. I don’t need anything more than that

  • @michelstuart8156
    @michelstuart8156 5 лет назад

    Forex traders use various technical indicators to obtain the best result in their trading. From several trading indicators, the Forex signal is one. To make a better trading plan is very useful and I am receiving this help from AAFX. Using their signal I can determine which entry price will be profitable. They are helping me 24 hours with their multilingual customer support. They also have over 250 trading instruments.

  • @doubleinfinity432
    @doubleinfinity432 5 лет назад

    If you really want to start on the right track, educate yourself and start on a simulated account first while learning. So far I am enjoying my journey towards getting funded to trade the FX market. I don't have a capital to start with so I decided to enroll in a company to train me to be their trader. I have zero knowledge when I joined and now I am happy to have reached the last level and now I am only 2 achievements away from being funded. Yay!

    • @amoghthatte754
      @amoghthatte754 4 года назад

      Yo man u made any progress ahead?

    • @amoghthatte754
      @amoghthatte754 4 года назад

      Which firm?

    • @doubleinfinity432
      @doubleinfinity432 4 года назад

      @@amoghthatte754 still not funded yet but I am taking my time. Not trying to rush through it

  • @verushannaidoo9450
    @verushannaidoo9450 3 года назад

    Bob is your uncle xD

  • @franciscojunior6841
    @franciscojunior6841 5 лет назад +7

    Strange, because I can see lots of indicator on the monitors behind you..😕

  • @josephineharmony8052
    @josephineharmony8052 5 лет назад +12

    The consistency of winnings profits by Danny Brondolf amazes me

    • @jeninbeaman366
      @jeninbeaman366 5 лет назад

      He is absolutely outstanding in making huge profits on investment. Contact him

    • @jeninbeaman366
      @jeninbeaman366 5 лет назад

      (brondolfbinaryspecials1@gmail.com)

    • @flavianstavros831
      @flavianstavros831 5 лет назад

      I know this man. He manages my binary account and has been making profits of over 500% every week for me. Simply amazing

    • @lucietindel6926
      @lucietindel6926 5 лет назад

      Oh.. What would I have done without you.. Thank you Danny for changing my life

    • @aileenquinn5705
      @aileenquinn5705 5 лет назад

      Mr Danny Brondolf is my hero.. With the profits he made me, I've been able to carry out my priorities with ease

  • @andrewsceznzy1355
    @andrewsceznzy1355 5 лет назад +14

    I need a trading expert with a profitable strategy to get me out of continuous losses

    • @Gregory_H
      @Gregory_H 5 лет назад

      I would suggest Hurley Jordan does more with the RSI trading system for short term but it beats me how he makes so much profits

    • @Edzupp
      @Edzupp 5 лет назад

      It is very wise to utilize a trading strategy compatible with and platform that's why I entrust all my trades to Hurley Jordan

    • @LM_M
      @LM_M 5 лет назад

      I've rounded up several trades with Hurley and not a single fail, no one knows how he pulls this off

    • @Edzupp
      @Edzupp 5 лет назад

      It all comes naturally to him. I say that is a true skill

    • @GarmanH
      @GarmanH 5 лет назад

      Hurley Jordan's strategy has been so flawless, my experience has been so blissful

  • @kayoutubeofficial8451
    @kayoutubeofficial8451 3 года назад

    Hiring me...........

  • @connorfarrell1
    @connorfarrell1 4 года назад +1

    Gosh this guy really wants you to sting from not understanding your indicators

  • @olo7200
    @olo7200 2 года назад

    Tvojarabota

  • @damaged6471
    @damaged6471 4 года назад

    Teeth look like u got sum grillz in, that shit terrible💀

  • @totenkopf30
    @totenkopf30 4 года назад

    As always, he doesn´t say anything (except promoting his own Momentum indicator, which he also sells). What´s the best indicator? He never answers this...

  • @jflebas1217
    @jflebas1217 5 лет назад

    Do indicators work ? Hmmm this is a bit like asking " does water work ?" This is silly

  • @is02ub
    @is02ub 5 лет назад

    Total F@#!%& BS!