List of 16 Major Leading & Effective Forex Market Indicators .

List of 16 Indicators are Most Effective and Visible in this Forex market .

Metatrader 4 has three types of strategies in forex market management ,guidance for understanding forex market movements .

1. line chart
2. bar chart
3. candlestick chart
   Among these candlestick charts are the most followed with 80% usage .
   So I am going to write about 16 most effective indicators, these 16 indicators are most effective and most visible in this market, please read in Patience , I hope it will be useful for newbies :- ongoing

List of 1 of 16 Indicators are Most Effective and Visible in this Forex market .

1. In short, this is a market movement, a large pattern of trend reversals and is called a bullish engulfing pattern.

Market volatility is based on three news items in the forex market.

1. Economic news

2. Basic news

3. Emotional news

• Meanwhile, markets are moving at a normal pace on economic news and fundamental news. The rule is that if the news is favorable, the condition of the pair will be strong, and if the news is bad, the condition of the pair will be unfortunate. So it will slowly rise and fall until no more news is released,

• But emotional news? For example, the finance ministers of the country give an emotional news or speech. Or an emotional news is published or an emotional statement is made by the president of the central bank, or an important political person of the country makes a bad statement for the country. And other news such as the destruction of the twin towers, Iran attacked the American air base in Iraq, sudden news,

(I witnessed when I was trading, some pairs moved up to 600 pips in an hour and I saw some other trading accounts empty, which means the management systems were not qualified. So very be  careful to avoid trading out of money management.) and those who do not have a stop loss setup are likely to lose their account)

In particular, trades should not be made based on this bullish engulfing pattern that will form on emotional news.

(Note :-forex market is very up and down, {high volatility}and very risky, so be careful, every trade is done at your own will, I am not responsible for any financial issues)

We know that trends are basically of two types

1. Up trend.
2. Down trend,
   these two types of trend candlestick chart create two types of candles,
3. Uptrend bullish candle
4. Bearish candle in downtrend,
   Most of us traders color bullish candlesticks green, and bearish candlesticks red. It’s shown in the picture, you can do any color you want.
   In the figure above, numbers 1 to 5 are marked.
   No. 1 down trend line.
   No. 2 bearish candle.
   No. 3 gap down.
   No. 4 is a large bullish candle.
   No 5 shows how high it closed ,
   The double of a bullish candle is a bearish candle, such that a bearish candle can easily rest on the belly of a bullish candle, so if the market trend turns, then the candle can be bearish, but very small (Because maybe big investors see the market trend and withdraw from the market ) It is shown how high the chart no 5 closed, because if a buy trade is to be placed, it should be placed above it.But expert traders follow a principle that a combination of three indicators makes a trade either buy or sell, which I see in the next diagram,
   Here No. 1 Bearish Engulfing Petrand .
   No. 2 Moving Average .
   No. 3 Trend Line .
   all three indicators indicate buy, so a buy trade can be done
   here .To do each trade, the first thing to do to see if the traders has the ability to trade (fixing money management). 2nd, to combine the three indicators. 3rd, don’t forget to give stop loss.If you trade according to these, the probability of profit is 80%.
   Next 2 of 16 Bearish Engulfing Pattern.

Up trend.Down trend,
these two types of trend candlestick chart create two types of candles,Uptrend bullish candleBearish candle in downtrend,
Most of us traders color bullish candlesticks green, and bearish candlesticks red. It’s shown in the picture, you can do any color you want.
In the figure above, numbers 1 to 5 are marked.
No. 1 down trend line.
No. 2 bearish candle.
No. 3 gap down.
No. 4 is a large bullish candle.
No 5 shows how high it closed ,
The double of a bullish candle is a bearish candle, such that a bearish candle can easily rest on the belly of a bullish candle, so if the market trend turns, then the candle can be bearish, but very small (Because maybe big investors see the market trend and withdraw from the market ) It is shown how high the chart no 5 closed, because if a buy trade is to be placed, it should be placed above it.But expert traders follow a principle that a combination of three indicators makes a trade either buy or sell, which I see in the next diagram,
Here No. 1 Bearish Engulfing Petrand .
No. 2 Moving Average .
No. 3 Trend Line .
all three indicators indicate buy, so a buy trade can be done
here .To do each trade, the first thing to do to see if the traders has the ability to trade (fixing money management). 2nd, to combine the three indicators. 3rd, don’t forget to give stop loss.If you trade according to these, the probability of profit is 80%.

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Next 2 of 16 Bearish Engulfing Pattern.

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