Majority of the traders use external indicators to predict the market but we should know that candlestick knowledge can help us highly in forecasting the market. Technical analysis is essential for catching the market trend. FXOpulence offers multiple trading types with narrow trading spread and their mt5 platform is reliable.
Use of indicators
- Thread starter Asahi
- Start date
FXOchartist
Verified member
There are many forex indicators that you can try on the MT4 or MT5 trading platform or FXOpen Ticktrader, but trading using indicators must also pay attention to trading plans that involve money management and risk management because there are no perfect indicators in trading, some indicators are repaints so in history it looks perfect, whereas in live trading sometimes the indicator shows a new signal but because of changes in the market the signal disappears again
