Essential Trading Tools Series – Forex Indicators
At LTI, we firmly believe that you must learn to trade using price action first and foremost. Learn to analyse a naked chart to begin with and then you can utilise trading indicators to help you make a more accurate forecast.
The best forex indicators are indicators which focus on price and can easily be back tested with fixed and tradeable rules. These technical indicators cannot automate trading for you but can provide you market insights to make the maximum profit.
Why use Trading Indicators?
The fact is, most trading indicators are lagging indicators that don’t really work on their own, with many traders really using them for confirmation rather than to help them make a positive trading decision.
In our opinion, the arsenal of trading indicators provided by LTI are some of the best forex indicators in the market. They can be used as stand-alone trading indicators, but when combined they offer you a huge trading advantage.
*Note: Of course – like any tool -it’s not the job of the technical indicator to make you money. It is the job of the trader to use them correctly and to implement them within their trading plan.
If you want to take a trial run to see how they fit in with your own trading style, fill in the form below and follow the instructions in the email we send you to get started.
For specific information on each indicator in the series, click the drop down buttons below.