Indicators can help you detect where the market will move in the future, but you need to be careful which one to use.
Different types of indicators in technical analysis are available and in this trading tutorial you will learn which one exists and which one to use in analyzing the market.
Forex Harmonic Trading Indicator
One of the best indicators you can use in trading is the harmonic scanner. And that is a trading indicator that does all the hard work for you.
It analyzes the market, detects the harmonic pattern, sends you a notification that consists of entry and exit levels, stop loss and take profit.
So, your job is only to enter those details in the Forex trading platform and wait until the trade closes.
It is a robot that analyzes the market for you so you do not need to spend time analyzing the chart.
There are free harmonic scanners, but there are paid ones. Paid ones are not expensive, but they provide you better results than free one.
Paid ones use better algorithms to find the patterns so you end up with more profitable patterns.
I have an article that will show you all details about the harmonic scanner so I suggest you read more details.
Read more: Harmonic Scanner for Beginners