MT Indicators

[Nurrinn]

Hi All

I am newbie.

I am using MT5...is there any easy valuable MT5 indi that can helps.

Thanks

 

[Enivid]

Hello!

You want an indicator to help you with what? For example, there's a good indicator in MT5 - the average true range (ATR) - it's a very helpful one if you want to learn how much you can expect a currency pair to move in a period.

 

[jim_]

I have written down some indicators. Please clarify your question.
1. Moving Average
2. MACD
3. Relative Strength Index (RSI)
4. Stochastic Oscillator
5. Bollinger Bands
6. Average True Range (ATR)
7. Alligator
8. Ichimoku Kinko Hyo
9. Parabolic SAR

Hi All

I am newbie.

I am using MT5...is there any easy valuable MT5 indi that can helps.

Thanks

 

[fargana]

Hi All

I am newbie.

I am using MT5...is there any easy valuable MT5 indi that can helps.

Thanks

Have you tried those that are offered by default? You can customize them and see how it impacts results this is also a valuable information for a beginner

 

[malachikoelpin]

If you're using MT5, there are several valuable indicators that can really enhance your trading:

- MACD - great for spotting trend reversals and momentum.
- RSI - helps identify overbought or oversold conditions.
- Bollinger Bands - useful for gauging volatility and identifying potential breakout opportunities.
- Pivot Points - handy for identifying support and resistance levels.

 

[Zerologic]

If I mostly use indicators, Bollinger bands, RSI, and MA, I think each indicator has its function, advantages, and disadvantages.

 

[NoShowBrooks]

I found this YouTube video, may be its helpful -

 

[CryptoInFX]

Support and resistance lines with support of RSI. Start with it, and gradually upgrade when you gain some experience.

 

[rmufti68]

Support and resistance can be very helpful in building strong foundations of market movement in one direction or potential reversals so the beginners should continue to map out them.

 

[OscarR]

Moving Averages and RSI; helpful but at the end of the day, they’re just tools, you still gotta think for yourself.