Thread: Forec indicaors?

Hey everyone,

Someone can please explain what is Forex indicators?






Forex guide.

hey muhammad, indicators are simply a derivative of price, basically they are mathematically calculated to give a guestimate based on what previous has done in order to give a likely 'indication' for where future price is head. some words you may hear relating to indicators usually include overbought or oversold. although inidcators can be helpful i would suggest that you focus on the most important indicator which is current price. hope this helps, otherwise feel free to ask again, i can explain price action to you. ciao