Metatrader 4 is a revolutionary forex trading platform designed to give you a multitude of capabilities in a user-friendly environment. Within the Metatrader platform you can trade forex, analyze charts, create and implement forex trading robots and custom indicators. Metatrader mobile also allows you to access your live forex account from your mobile trading device such as a smartphone.
What is a Technical Indicator?
A technical indicator defines the evolution over time of a variable characterizing the state of a value or a market. It is important to note that this is the price that makes indicators and the reverse. Therefore, technical indicators have to be regarded as a decision aid and not as the main factor in decision making. A buy or sell signal on a single indicator is not sufficient to take a position.
