5 MT4 Indicators That Can Improve Your Trading Win Rate provides for an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye. ForexMT4Indicators.com are a compilation of forex strategies, systems, mt4 indicators, mt5 indicators, technical analysis and fundamental analysis in forex trading. You can also find systems for scalping such as trends, reversals, price actions. Trading on a lower timeframe like 1 minute to long term trading are also imparted here.
We aims to be a place where every forex traders can gain resources about trading. Trading is a practical transaction engaged in for the purpose of gaining a profit. In the past, traders look for physical goods which they could buy at a low price, then turn around and look for buyers willing to buy the good at a higher price. Nowadays, platforms have been developed to automate the process of trading.
Traders no longer need the physical good, stock, commodity or currency. All we need is a computer and an internet connection. This speeds things up. Transactions no longer need to be done physically, yet the same fundamentals still exist. To make money, traders need to buy low and sell high. Those who could do this simple task just by looking at charts stand to make so much money. So, how do we buy low and sell high.
One concept would be to look for markets that are clearly trending and buy anytime the market dips a bit. These are called retracements. Moving averages are good indicators that could help traders identify if price is low enough to warrant a good buy, yet at the same time identify that the market is still trending. Turbo 100 Retracement Forex Trading Strategy makes use of this concept. It allows traders to enter trades as price revisits the average price and make profits as the market resumes its trend.
3c Turbo JRSX is a custom technical indicator that helps traders identify momentum as well as overbought and oversold price conditions. It is an oscillating indicator that is bound within the range of 0 to 100. It also has markers on level 30 and 70. The market is considered oversold whenever its line is below 30 and overbought whenever its line is above 70. Its oscillating line also changes color depending on whether the market is oversold or overbought.