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Forex Which indicator is best for beginners?

Discussion in 'Forex Forum' started by mbstrade, Jan 12, 2024.

  1. mbstrade

    mbstrade New Member

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    I'm new to trading and have studied quite a few indicators. Unfortunately, most are already outdated or show good moments too late.
    I found two modern indicators. One of them shows trends and the second shows levels or zones of support and resistance. I need help figuring this out, but at first glance everything looks pretty good.
    RFI1.png trend1.png
    Both indicators work well on MT4. Systematically updated. MT% versions will be released a little later. In tests they are exactly the same as in MT4
     

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  2. mbstrade

    mbstrade New Member

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    Screenshot_2.png
    The levels look clear and the way they work looks impressive.
    This draws a levels indicator ( TPSpro RFI Levels) . I haven't seen anything like this in smart money
    On the mql5 website it has a lot of positive reviews, good support and many training scripts. It was possible to recoup the cost in two transactions).
    I saw it by chance a few months ago, now it's on the top!
     
  3. mbstrade

    mbstrade New Member

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    Screenshot_3.png
    I noticed the trend indicator (TPSproTREND PrO) several months ago. The first thing I liked was the definition of minimums and maximums in a trend; if you combine several time frames, you get a good trading strategy based only on trends. In addition, he draws the entry points themselves. The indicator was able to pay for itself with just three short trades
     
  4. Dmitrui21

    Dmitrui21 New Member

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    Initially, I thought it was an advertisement! But there are so many people discussing it now. I'm currently using the levels, and they really work! I'm thinking of getting another one from them now. Can you share your settings for the trend indicator?
     
  5. Richie

    Richie Active Member

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    Soumds amazing. I've only traded for 20 years, thank for picking this forum :)
     
  6. mbstrade

    mbstrade New Member

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    I'm a newbie and still don't understand some things well.
    I'm currently using the default settings.
    I look for trends on D1 and H4, and additionally look at the H4 and H1 levels
    I'm looking for entry points on the M5. Trades usually last several hours, I don't carry them over to the next day
     
  7. mbstrade

    mbstrade New Member

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    I hope this is not just a joke, many of whom I know trade using smartmoney or pictures of patterns. The more I learn about trading, the more I wonder how they manage to stay in the game for so long without understanding how the market works?)
     

  8. Richie

    Richie Active Member

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    Your indicator is only $135, how do I pay? Looks amazing, does it come with bells and whistles? More importantly, can it clean and make a good cup of coffee?
     
  9. mbstrade

    mbstrade New Member

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    I'm glad that this makes you happy, your English humor is not clear to me. A little more than a month has passed and the indicator helped me earn money for a coffee machine and coffee beans, which I will brew and drink, remembering your ridicule)
    tomorrow I'll think about buying a small bar, and the bartender will pour you coffee at my expense when you call my name and make another funny joke
    Screenshot_11.png
     
  10. Richie

    Richie Active Member

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    Thanks for the cuntsplaination.
    You're pitching a $135 shitty indicator and trying to cuntsplain yourself to someone who's been trading long before you were a twinkle in your father's eye.
    Don't let the door bang you on the ass on the way out.
     
    Punkcity likes this.
  11. Punkcity

    Punkcity Well-Known Member

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    Troll tag team one accounts head , Skipptophia.
    Not sure cuntmunism EVER produced an adequate free market trading platform let alone a successful one, lol cuntmunists just meat in the grinder
     
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  12. Richie

    Richie Active Member

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    Looks like cuntmunisim is dead, along with this system seller's dog ring worm tittie leprosy buy it now system. Talking of which, I've made the thread starter a new gravestone seeing as they're dead before they're even out of the gate:

    Forvever in our hearts
    Until we meet again
    Cherished Memories
    Known as:

    Our son, brother
    Father, dad, uncle
    Friend and cousin

    Link here:
     

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