Pivot points are a popular technical analysis tool used by forex traders to quickly identify possible levels of support or resistance within a given market. The indicator is especially helpful for day traders who might be looking for short-term movements in the forex markets. In this article, we’ll explore the basics of pivot points and how MetaTrader 4 (MT4) forex traders can utilize pivot points to help in their trading strategies. tester indicator
forex trend following indicator
A Forex trend following indicator is a tool used by traders to identify potential trading opportunities based on the current trend in the market. It can be used to identify trend direction, identify trend reversals, and identify possible entry and exit points. Popular trend following indicators include Moving Averages, MACD (Moving Average Convergence Divergence), and Parabolic SAR (Stop and Reverse). Each of these indicators uses different calculations to identify potential trading opportunities, so traders should choose the one that best suits their trading strategy.
