Indicators for technical analysis from vfxAlert

Indicators are very important for the trader. They help the trader to evaluate the market situation and to develop the trading strategy. To assess the benefit of the currency the traders utilize the technical analysis with forex indicators. Forex indicators are computations that consider the volume and price of a certain financial instrument into account. There are indicators of different types, for example, forex volume indicators. By utilizing the indicators, traders can make decisions to enter the market or close the option. 

The quality of indicators depends on the trading software. If you are searching for software with forex volume indicators, try vfxAlert! This program was developed to fulfill all needs of modern traders. vfxAlert furnish you with various analytical tools that will help you to evaluate the profitability of trading signals and to estimate the market situation. Online graphs with different candlestick patterns will display the movement of the signal. Market trends will display the sentiment of bulls and bears. Heatmaps will allow you to assess the gainfulness of the signal at different timeframes. The economic calendar will show you the latest financial news. Watch the video about the vfxAlert and its instruments



                         What is trading signal

The trading signal is a suggestion on a predefined currency pair, to be executed at a specified price and time. The trader can open any broker's platform, set the necessary indicators, and start to work. Nevertheless, the trader should understand that trading signals didn’t guarantee a change in the attitude of the currency pair. They simply foresee the outcome, so in any case, make your decisions basing your trading strategy. If you want to be a professional trader, you need to create a working strategy. Keep in mind, there is no magic in trading. You need to practice and learn more about the different indicators and techniques. 


                                                                   Structure of signal


1. Asset — currency pair used in trading. 

2. Price — price when the signal appears.    

3. Time — the time when the signal appears. 

4. Expiration — the time of the signal’s expiration. 

5. Power — number of profitable options in the past with this combination of indicators. 

6. Signal — CALL or PUT options.

7. Algorithm — signal generation algorithm.

8. Heatmap — statistical winning percentage collected for the values of the technical indicator on a different timeframe.


                             Tips for forex traders


                           Open the Free account online         Download the vfxAlert



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