Sometimes when we traded with Forex technical indicator like Moving average, RSI Relative Strength Index, MACD Moving Average Convergence Divergence, Bollinger bands indicator you will notice that all of these indicators are usually move slower than the current market price moves.
It is not easy to pick the Best Lagging indicator in Forex trading that can be applied to bring Forex trading signals in the right time. All of Forex technical indicators are lagging indicators, the bigger time frames we use, the bigger of a lag that you will get.
1. Moving Average indicator
Moving Average indicator is the mother of all Forex technical indicators. Even though this indicator is very easy and simple in use, but this indicator is the most traded Forex trend indicator among Forex traders arounf the world. Download Moving Averages.mq4
2. MACD Moving Average Convergence Divergence Indicator
The 2nd best lagging indicator is Moving Average Convergence Divergence, most traders use this indicator to identify trend reversal in Forex trading
Download MACD.mq4
3. RSI Relative Strength Index Indicator
RSI indicator is the best momentum Forex technical indicator. Most traders use this indicator to identify buy and sell trading signals. This indicator calculates speed and strength of the trend. Download RSI.mq4
4. Bollinger bands indicator
This indicator is based on moving average indicator. This volatility indicator used by traders to determine the market trend direction in Forex trading. Download Bands.mq4
5. Stochastic indicator
The best overbought oversold indicator among Forex technical indicators. Stochastic indicator moves between 0 - 100. You can set 20 or 30 as oversold levels and 80 or 70 as overbought levels. Download Stochastic.mq4
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