Are you looking to make successful trades in the forex market without having to do complicated analysis? If so, an easy trend follower indicator may be the perfect trading tool for you. This article will discuss the features of easy trend follower indicators, their uses in the forex market, and how to incorporate them into your trading strategies. 1. Ichimoku Cloud Indicator
The Ichimoku Cloud indicator is a versatile indicator that can help you identify trend direction, gauge momentum, assess support and resistance levels, and even forecast future price movements. Its multiple moving average lines with varying lengths create a ‘cloud’ that helps to identify the trend. The time frames it can be applied to vary from short-term to long-term depending on the trader’s goals. It is one of the most popular trend-following indicators for Forex traders.