Индикатор Форекса Rtfl

You can add an indicator or oscillator to the chart by clicking the “List of indicators” button on the Home tab.

In Forex Tester, we got all indicators divided into 6 groups according to their functions.

In addition, you can right-click on the chart and select “Add Indicator”.

Note: you can download more indicators from our repository via the List of Indicators → Recommended Indicators menu.

You will see the following dialog window where you can modify the indicator’s properties before it is placed on the chart.

To modify the indicator’s parameters, double-click on it or use the combination: left mouse click + Enter key.

Some of the properties may have a dialog window or dropdown list where you can select available values.

To apply changes, either press the Enter or Tab key or left-click on the dialog. If you need to cancel the changes you’ve made, press the Esc key.

Each indicator is linked to one timeframe of the chart window. So, if you place it on the H1 timeframe, you will not see it on other timeframes (15 min, 1 min, etc.). It is done for optimization purposes. Otherwise, it’ll slow down the testing process significantly.

We recommend you to place indicators only on those timeframes where you need them. Activate the necessary timeframes on the Timeframes tab:

To edit the indicator on the chart, right-click on the indicator’s line and select the “Edit …” option. Use the “Delete …“ option to delete it.

You can combine more than one indicator in the oscillator window. Right-click in the oscillator window and select “Add indicator to Window”.

If you close the oscillator’s window, all other indicators in this window will be deleted.

You can view and manage all indicators on all charts and timeframes with the help of the List of indicators → Current chart button.

You can edit indicator properties, delete indicators, or delete all indicators on all charts at once.

Custom indicators in *.dll / *.mq4 format can be installed using the List of indicators → Install New Indicator button.

After importing, you can find your indicators in the List of indicators → Custom submenu.

The RSI is another forex indicator that belongs to the oscillator category. It is known to be the most commonly used forex indicator and showcases an oversold or overbought condition in the market that is temporary.

If the price trades are above the moving average, it means buyers are controlling the price, and If the price trades are below the moving average, it means sellers are controlling the price.

Fibonacci is another excellent forex indicator that indicates the exact direction of the market, and it is the golden ratio called
Several forex traders use this tool to identify areas and reversals where profit can be taken easily. Fibonacci levels are computed once the market has made a big move up or down and looks like it has flattened out at some specific price level.

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&#;&#;&#;&#;&#;&#;&#;&#;&#;&#; &#;&#;&#;&#;&#;&#;&#; (Moving Average)

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&#;&#;&#;&#;&#; &#;&#;&#;&#;&#;&#;&#;&#;&#;&#;&#; (Bollinger Bands)

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&#;&#;&#;&#;&#;&#; &#;&#;&#;&#;&#;&#;&#;&#;&#;&#;&#;&#;&#; &#;&#;&#;&#; (RSI)

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&#;&#;&#;&#;&#;&#;&#;&#;&#; ATR

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Parabolic SAR

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Many forex traders spend their time looking for that perfect moment to enter the markets or a telltale sign that screams "buy" or "sell." And while the search can be fascinating, the result is always the same. The truth is, there is no one way to trade the forex markets. As a result, traders must learn that there are a variety of indicators that can help to determine the best time to buy or sell a forex cross rate.

Here are four different market indicators that most successful forex traders rely upon.

Indicator No A Trend-Following Tool

It is possible to make money using a countertrend approach to trading. However, for most traders, the easier approach is to recognize the direction of the major trend and attempt to profit by trading in the trend's direction. This is where trend-following tools come into play.

Many people try to use them as a separate trading system, and while this is possible, the real purpose of a trend-following tool is to suggest whether you should be looking to enter a long position or a short position. So let's consider one of the simplest trend-following methods—the moving average crossover.

A simple moving average represents the average closing price over a certain number of days. To elaborate, let's look at two simple examples—one long term, one shorter term.

The chart below displays the day/day moving average crossover for the euro/yen cross. The theory here is that the trend is favorable when the day moving average (in yellow) is above the day average (in blue) and unfavorable when the day is below the day. As the chart shows, this combination does a good job of identifying the major trend of the market—at least most of the time. However, no matter what moving-average combination you choose to use, there will be whipsaws.

The chart below shows a different combination—the day/day crossover. The advantage of this combination is that it will react more quickly to changes in price trends than the previous pair. The disadvantage is that it will also be more susceptible to whipsaws than the longer-term day/day crossover.

Many investors will proclaim a particular combination to be the best, but the reality is, there is no "best" moving average combination. In the end, forex traders will benefit most by deciding what combination (or combinations) fits best with their time frames. From there, the trend—as shown by these indicators—should be used to tell traders if they should trade long or trade short; it should not be relied on to time entries and exits.

Indicator No A Trend-Confirmation Tool

Now we have a trend-following tool to tell us whether the major trend of a given currency pair is up or down. But how reliable is that indicator? As mentioned earlier, trend-following tools are prone to being whipsawed. So it would be nice to have a way to gauge whether the current trend-following indicator is correct or not.

For this, we will employ a trend-confirmation tool. Much like a trend-following tool, a trend-confirmation tool may or may not be intended to generate specific buy and sell signals. Instead, we are looking to see if the trend-following tool and the trend-confirmation tool agree.

In essence, if both the trend-following tool and the trend-confirmation tool are bullish, then a trader can more confidently consider taking a long trade in the currency pair in question. Likewise, if both are bearish, then the trader can focus on finding an opportunity to sell short the pair in question.

One of the most popular—and useful—trend confirmation tools is known as the moving average convergence divergence (MACD). This indicator first measures the difference between two exponentially smoothed moving averages. This difference is then smoothed and compared to a moving average of its own.

When the current smoothed average is above its own moving average, then the histogram at the bottom of the chart below is positive and an uptrend is confirmed. On the flip side, when the current smoothed average is below its moving average, then the histogram at the bottom of the figure below is negative and a downtrend is confirmed.

In essence, when the trend-following moving average combination is bearish (short-term average below long-term average) and the MACD histogram is negative, then we have a confirmed downtrend. When both are positive, then we have a confirmed uptrend.

At the bottom of the chart below, we see another trend-confirmation tool that might be considered in addition to (or in place of) MACD. It is the rate of change indicator (ROC). As displayed in the chart below, the orange-colored line measures today's closing price divided by the closing price 28 trading days ago.

Readings above indicate that the price is higher today than it was 28 days ago and vice versa. The blue line represents a day moving average of the daily ROC readings. Here, if the red line is above the blue line, then the ROC is confirming an uptrend. If the red line is below the blue line, then we have a confirmed downtrend.

Note below that the sharp price declines experienced by the euro/yen cross from mid-January to mid-February, late April through May and during the second half of August were each accompanied by:

• The day moving average below the day moving average
• A negative MACD histogram

A bearish configuration for the ROC indicator (red line below blue):

Indicator No. 3: An Overbought/Oversold Tool

After opting to follow the direction of the major trend stage, a trader must decide whether they are more comfortable jumping in as soon as a clear trend is established or after a pullback occurs. In other words, if the trend is determined to be bullish, the choice becomes whether to buy into strength or buy into weakness.

If you decide to get in as quickly as possible, you can consider entering a trade as soon as an uptrend or downtrend is confirmed. On the other hand, you could wait for a pullback within the larger overall primary trend in the hope that this offers a lower risk opportunity. For this, a trader will rely on an overbought/oversold indicator.

There are many indicators that can fit this bill. However, one that is useful from a trading standpoint is the three-day relative strength index, or three-day RSI for short. This indicator calculates the cumulative sum of up days and down days over the window period and calculates a value that can range from zero to If all of the price action is to the upside, the indicator will approach ; if all of the price action is to the downside, then the indicator will approach zero. A reading of 50 is considered neutral.

The chart below displays the three-day RSI for the euro/yen cross. Generally speaking, a trader looking to enter on pullbacks would consider going long if the day moving average is above the day and the three-day RSI drops below a certain trigger level, such as 20, which would indicate an oversold position.

Conversely, the trader might consider entering a short position if the day is below the day and the three-day RSI rises above a certain level, such as 80, which would indicate an overbought position. Different traders may prefer using different trigger levels.

Indicator No A Profit-Taking Tool

The last type of indicator that a forex trader needs is something to help determine when to take a profit on a winning trade. Here, too, there are many choices available. In fact, the three-day RSI can also fit into this category. In other words, a trader holding a long position might consider taking some profits if the three-day RSI rises to a high level of 80 or more.

Conversely, a trader holding a short position might consider taking some profit if the three-day RSI declines to a low level, such as 20 or less.

Another useful profit-taking tool is a popular indicator known as Bollinger Bands. This tool takes the standard deviation of price-data changes over a period, and then adds and subtracts it from the average closing price over that same time frame, to create trading "bands." While many traders attempt to use Bollinger Bands to time the entry of trades, they may be even more useful as a profit-taking tool.

The chart below displays the euro/yen cross with day Bollinger Bands overlaying the daily price data. A trader holding a long position might consider taking some profits if the price reaches the upper band, and a trader holding a short position might consider taking some profits if the price reaches the lower band.

A final profit-taking tool would be a "trailing stop." Trailing stops are typically used as a method to give a trade the potential to let profits run, while also attempting to avoid losing any accumulated profit. There are many ways to arrive at a trailing stop. The chart below illustrates just one of these ways.

The trade shown below assumes that a short trade was entered in the forex market for the euro/yen on January 1, Each day the average true range over the past three trading days is multiplied by five and used to calculate a trailing stop price that can only move sideways or lower (for a short trade), or sideways or higher (for a long trade).

The Bottom Line

If you are hesitant to get into the forex market and are waiting for an obvious entry point, you may find yourself sitting on the sidelines for a long while. By learning a variety of forex indicators, you can determine suitable strategies for choosing profitable times to back a given currency pair. As you gain confidence, you'll be able to determine pairs of indicators that will help pinpoint trade opportunities.

Also, continued monitoring of these indicators will give strong signals that can point you toward a buy or sell signal. As with any investment, strong analysis will minimize potential risks.

Contents

1. Features of trade volumes on Forex
2. Mathematics and parameters
3. How to use Volume indicator in Forex
4. Strategy with use of the indicator
5. Several practical notes

The indicator Volume Forex allows to evaluate a processing techniques of tick data the attention level of «active money» to this asset profitable to use an imbalance the demand/sentence.

Features of trade volumes on Forex

Trading with volume indicators in foreign exchange market − rather conditional mechanism. Forex market does not have a common information center, therefore the actual volume of transactions on a separate asset cannot be calculated. The fact that, we consider tick volume Forex today represents quantity of price tics for unit time where, actually, one tick − the fact of the change in price of an asset for one basic point. Tick volume works as the normal statistical counter and in transactions is not connected with a real amount of money in any way.

In the trade terminal Forex is available information only on the number of transactions, and − only a weighted mean value. That is trade orders of 1 trade lot volume indicators Forex will consider as transactions (active dynamics!), and one trade warrant of lots − as the single transaction. The number of transactions can be small, and the amount of the invested money – huge, that will exert strong impact on an asset, but indicators of it will not be noticed. It is necessary only to hope that their weighted average indicators correctly reflect the general market dynamics.

Mathematics and parameters

The Volume indicator in Forex has an appearance of the histogram and is located in an additional window under a price chart. The colour scheme can be configured individually, but usually select traditional: green color means that the volume of the current bar exceeds volume previous, red color − the volume of the current bar is less, than the volume of previous.

Volume value represents the number of the transactions (opened and closed) for the single period (depending on the selected timeframe). Height of a column of the histogram of the indicator is proportional to the tick volume of the market. We will remind: if you in the terminal Forex select analogues of exchange trade assets in the form of CFD (indexes, raw futures, metals) − the Volume indicator Forex will show all the same tick volumes, but not real exchange!

For exchange − traded assets − of course, when accessing relevant information − the Volume indicator will analyze volume (but not quantity!) really traded contracts.

How to use Volume indicator in Forex

The Volume indicator in trading does not give clear signals: to make a trading decision, the comparative dynamics of the histogram of the indicator and the price chart is used.

There are several standard options.

• If the value of the indicator grows on the active price movement, this means that the participants actively support the current direction and add new volumes (and money!) to it. We enter the market only in the direction of the main trend.
• The price grows, but volume decreases: demand for this asset decreases that can be a signal of a turn of the market or transition in flat. Reduction of amplitude of the histogram of the trading volume indicator means decrease of the activity − participants of the market doubt continuation of the current trend, fix results and do not open new positions.
• If the price moves on average range, but without a clear direction and volume at the same time decreases, then in the market there is an uncertainty, it becomes unpredictable.



• Growth of volume at breakdown of strong price level is a confirmatory factor of truth of a signal. The reverse situation speaks about a possible false signal.
• As a rule, a minimum volume characterizes the points corresponding to the end of the correction in the case of an uptrend. The points corresponding to local maxima must have a maximum volume. In a downtrend, volumes grow at decrease in quotations, on rollback up volumes decrease.

How to use volume indicator if it shows a serious volume with minimal price dynamics? There are two possible situations:

• In the market there are no large players, and data of the indicator are created by a lump of transactions with small volume − their efforts insufficiently for the strong movement of the price. We do not open new transactions.
• Volumes of transactions rather large, but they are open diversely − there is a fight bulls/bears and the winner was not defined yet. If your transactions are not involved in this war − new we do not open

Strong trading signal of the reversal is traditionally considered as the situation of divergence of the indicator histogram and price chart.

Strategy with use of the indicator

The Forex trading volume indicator of has to evaluate correctly relative volume in dynamics: average, high or low in comparison with the previous bars. In order that the price moved on one tick, it is necessary to sell or purchase a certain number of contracts, as means adding «new money» in the market. Therefore, by the sizes of tick volume it is quite possible to judge dynamics of actual volumes.

Volume trading indicators can be used in any strategy, but only for confirmation of signals. To make trading decisions only on the basis of their information − it is impossible.

Several practical notes

The Volume indicator usually advances dynamics of the price. When the price at first actively moves on increase in volume, but at some point volume begins to decrease, still some time ( bars) the price will move by inertia in the former direction. In that case, it is possible to manage to record result of transactions.

Is the main lack of Forex volume indicators distortion of their indicators after sharp movements of the price. In such situations, it is necessary to wait until speculative volumes stop influencing the price, and the market itself will define the direction.

Transactions of large customers and the manipulation of market makers the volume indicator of forex processing is incorrect, for this reason its indications during the periods of the unstable market (opening/closing of trading sessions, news and other force majeure) − cannot be trusted.