Most Popular Forex Indicators?

December 17, 2005 by Trader Rich 

In an attempt to find the most popular forex technical indicators, I’ve done many searches and read many forex technical articles.  These results should be taken with a grain of salt as finding the real answer to this question would be impossible for me.  The only way I could see this question being answered accurately is for a provider such as eSignal to provide all of their subscribers indicator usage.   It would be very interesting if they provided this. 

Understand that I picked the first 14 indicators that I encountered and that there are a breadth of other technical indicators available.  These 14 indicators are ranked here with a point value which indicates predominance of encounter:

1.   Simple Moving Average ( SMA) - 27.4
2.   Exponential Moving Average (EMA) -  20.4
3.   CCI -  16.7
4.   Average True Range -  14.4
5.   Fibonacci - 13.9
6.   MACD - 13.2
7.   Bollinger Bands -  6.5
8.   Relative Strength Index (RSI) -  5.5
9.   Stochastic (Fast or Slow) -  3.4
10. Rate of Change (ROC) -  2.8
11. Accumulation Distribution - 2.2
12. Directional Movement Index (DMI) -  1.5
13. Parabolic SAR -  1.0
14. Donchian Channels -  .02

Popularity: 1%

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