When beginners open the trading terminal, they often drown in dozens of indicators — MA, MACD, RSI, Bollinger Bands… It feels like the more you add, the more accurate the forecast will be. But that’s a trap. In reality, successful traders rely on just a few trusted tools.
The point of an indicator is not to predict the future, but to show you the market picture more clearly. They simplify analysis, highlight trends, and help spot the best entry points.
What it is: A line that reflects the average price over a chosen period.
How to use: One of the simplest and most effective trend indicators. If the price is above the moving average, the trend is upward; if below, the trend is downward. Using two moving averages (for example, with periods of 50 and 200) helps identify crossover points — strong signals to buy or sell.
What it is: An oscillator that measures trend strength and highlights overbought and oversold zones.
How to use: RSI moves within a range from 0 to 100.
Overbought zone: Above 70. This suggests the asset is overbought and a pullback may follow.
Oversold zone: Below 30. This indicates the asset is oversold and a reversal could occur.
Tip: Don’t rely on RSI as the sole signal — use it as additional confirmation of your trading idea.
What it is: Three lines — the middle moving average and two lines placed at a set distance from it. They reflect the market’s volatility.
How to use:
When the bands expand, volatility rises, and a strong move may follow.
When the bands contract, the market is in a flat phase, and momentum is fading.
If the price touches the upper or lower band, it can signal a possible reversal.
Most standard indicators on MT4 and MT5 platforms are built on tick data rather than actual trading volume. This is their main limitation.
At Gerchik & Co, we created a unique indicator and Exper Advisor — Real Market Volume. It’s more than just an indicator; it’s a powerful tool that shows what others don’t:
Market volume profile. It reveals where large capital is concentrated — the strongest support and resistance levels are formed in these areas.
Entry and exit points. The indicator suggests where it’s best to open a trade, where to set a stop-loss order, and where to take profit — all based on real volumes.
Unlike standard indicators, the Real Market Volume indicator doesn’t just smooth price movements — it reflects the actual activity of the market. With it, you can track what major players are doing and trade alongside them, not against them.
Get access:
The RMV indicator is available to active clients after account replenishment (for details, reach out to your personal manager). Want to check its efficiency? You can test it for free for 7 days!
Keep it simple. Begin with three basic indicators: Moving Average, RSI, and Bollinger Bands. And when you’re ready to step up, switch to Real Market Volume — it will show you the true market picture that most traders never see.
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