Entry points

Hi is is there any best indicators for entry especialy major pairs?,or even trading auto traders?

I use Bolinger Band for entry position.

stokvelclub posted:
Hi is is there any best indicators for entry especialy major pairs?,or even trading auto traders?

Personally, I use a tight combination of indicators so my entries can be confirmed by more than one signal. I then like to look at the next higher time-frame and next lower time-frame to see if there is additional confirmation.

There is no simple answer to your question other than to say that a signal ought to be confirmed by two or more indicators, i.e. a moving average cross confirmed by RSI or MACD or CCI or Stochastic, or some combination of these.

Small article I found at the mt5 forum. Hope someone will find it helpful: The average entry points of bulls and bears reflect the average levels, at which the currency was bought and sold. The average entry points are defined according to the number and volume of all open positions.
As a rule, the average entry points of bulls are above the current currency rate and the average entry points of bears, on the contrary, are below the current market price of a currency pair.
In case the current market price of a currency pair is below the bears` average entry point (sellers of the instrument), we can suggest the descending trend.
In case the current market price of a currency pair is above the bulls` average entry point (buyers of the instrument), we can suggest the ascending trend.

stokvelclub posted:
Hi is is there any best indicators for entry especialy major pairs?,or even trading auto traders?

Best entry could be only achieved by EA.
- no mistakes
- no emotions
- running 24/7 while you sleep

Good post mariav. thanks

Best entry could be only achieved by EA.
- no mistakes
- no emotions
- running 24/7 while you sleep

Exactly, and i prefer EA which uses macd- simplicity is the best.

jotekfinance posted:
Good post mariav. thanks

You are very welcome 😄 I am glad I could me useful 😳

There are so many different indicators to find the entry point, I can tell which are the best , but I do agree best entry could achieve by EA.