These may not be the Best Forex Technical indicators, they are however amongst the most

popular with traders around the world

Here's how they work...

Best Forex Technical Indicators

However, the truth is, nobody has ever actually provenany indicator to be the best

Here is some high level information on3 of the most popular ones...

There are books upon bookson the subject of the many

indicators available to traders and...

There are also books upon books on many of the individual indicators

themselves!

An Oscillator measuring strength /

weakness over a specified period

(Number of candles)

A reading < 30 indicates Oversold

Go LONG

A reading > 70 indicates Overbought

Go SHORTLONGSHORT

Relative Strength Indicator (RSI)

Another popularOscillator

(Just like RSI)

A reading < 20indicates Oversold

Go LONG

A reading > 80indicates Overbought

Go SHORTLONG

SHORT

Other popular Oscillators worth consideration arethe Parabolic SAR (PSAR) and the MACD

Stochastic

LONG

SHORTA measure of

volatility based on aMean (Moving Average)

A touch of theLower band

indicates OversoldGo LONG

A touch of theUpper band

indicates OverboughtGo SHORT

Bollinger Bands

Best Forex Technical Indicators

Produced by

The truth is, as mentioned there is no best Forex technical indicator and each individual trader can

decide which ones they wish to pursue

Each one should of course be studied in detail before committing to their use in the real world