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Daily Forex Technical Analysis

Three Basic Indicator, October 13, 2012

No robot capable of performing better than the human analysis. No ad robots are able to see the chart better than humans. For that refrain from using EA, whatever it is, because we are creatures of learners. Set a strategy, learn, drink deeply, understand and confident in the system. While the indicator chart, we-are an invaluable tool in analyzing human. To that end, here I try to give some links to download some indicators that can help in the analysis. LEARN FOREX instead of robot.

1. Set Fibo Price
    This indicator puts Prices at Fibo lines. Draw your fibo's on chart and then put this indicator, you will see prices at fibo levels. The indicator Set_Fibo_Price_Any takes the value of the level automatically from the fibonacci levels and then convert to text.
    [download]

 2. StochDivergen
    Indicator determines the divergence in the chart, clearly giving signals to buy or sell.
    [download]

3. Candle Stick Names
    This indicator helps us by provide the name of the candle formed.
    [download]


This is three standard indicators commonly used and did not make the chart becomes dirty, hehehe. However, one important thing that we should never forget, that the indicator follows the price, not the price who follow the indicator. The final decision is in us as human beings, the indicator just easier to read what has and is being occurred.
"No one is able to predict where prices will move, our job is simply to anticipate the price movement."




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