Hello guys, I'm new trader from Nigeria. First I wanna say a big THANK YOU for accepting me into this forum. For the past 2 days that I joined, I have been reading and learning a lot from you all.
I'm mostly on the move, which has limit my chances of using my computer to trade most of the time, so most of my trades are on mobile phone.
Please I would like to ask, can anyone tell me best indicators to use on mobile phone for scalping and trend market? and also the settings to use. I currently use RSI, Stoch, MA. I'm asking this because I need help. My losses outweighs my wins (Still on demo of course), and I want to have that reversed.
Thanks!
Re: What are the best mobile indicators to use?
2Welcome to the family my friend
MT4 & MT5 mobile trading is fairly basic in regards to technical indicators but that's what makes it interesting. You can combine a few "standard" indicators together to form some very well known technical analysis tools such as the TDI etc.
Please have a read of these two topics about mobile trading and indicators:
Wishing you all the best for your trading journey
MT4 & MT5 mobile trading is fairly basic in regards to technical indicators but that's what makes it interesting. You can combine a few "standard" indicators together to form some very well known technical analysis tools such as the TDI etc.
Please have a read of these two topics about mobile trading and indicators:
Wishing you all the best for your trading journey
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Guide to the "All Averages" Filters (ADXvma, Laguerre etc.)
Use Fibonacci numbers for indicator settings + How to draw Fibonacci Extensions
An easy trick for drawing Support & Resistance
No commissions are earned by Forex-station.
Guide to the "All Averages" Filters (ADXvma, Laguerre etc.)
Use Fibonacci numbers for indicator settings + How to draw Fibonacci Extensions
An easy trick for drawing Support & Resistance
Re: What are the best mobile indicators to use?
5RSI is what I use most of the times.
As far as losses are concerned, keep practicing mate, you'll definitely get better with time. Keep exploring and testing your strategies.
As far as losses are concerned, keep practicing mate, you'll definitely get better with time. Keep exploring and testing your strategies.
Re: What are the best mobile indicators to use?
8MACD, Moving Averages and RSI are my personal favourites.
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