Each person in the business of forex certainly figure out what the most reliable indicator of the world. Indicator 100% accurate, never repaint, always right, proft continue until the end. Well, maybe you'll find here the most accurate forex indicator you're looking for the world.
You need to know, forex indicators generally calculate the data that has been going on with the matter of statistics and mathematics. Without social and economic sciences, and therefore called Technical Indicators. Because the nature of technical data only. However, you should know that forex movements are not always appropriate analysis of technical indicators, can services director of the Bank of England said a decision, then the direct currency moves up or down does not fit the technical analysis. Although it is usually only temporary movement, spike, then return to its normal position.
Thus, because the forex indicator is to calculate the data that is being and has been a while ago, then all indicators are ACCURATE. Namely accurately calculate the data.
But if you're looking for is indicators that can predict the price movements of a few minutes or a few hours ahead with a degree of truth 100% alias is always right then my answer is no. Therefore, I expect you to be careful if someone says forex indicators that have never been trading loss in 1 year in a row and then sell it to you for the many millions should be careful. We recommend that you do not trust screen shot (SS), ask for proof of live trading of myfxbook or MQL5 or data PAMM which has often been provided free by the broker where he opened a forex trading account.
But I did not say that the indicators were of no use at all, of course, no point. Because of the presence indicator - forex indicator that you will be able to see where the hell have reached the current price? It was oversold, overbought or indicate something else.
Some types of forex traders even from not using indicators at all, they read the movement of candle, better known as Price Action. In general, those who use this forex trading strategies like scalping trading systems apply, look for small pips but in large numbers (repeatedly).
As for those who trade the long term, eg using swing trading system it will need indicators to predict the likelihood of long-term price movements.
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