Please I would like someone to explain to me the rationale in choosing settings for indicators on my trading platform.
Thanks
Which indicators, which trading platform?
Specifically, i want to know about RSI, stochastics and MACD.but generally all of the indicators. Id also like to know the relevance of the settings on smaller time frames in relation to longer time frames.
thanks a lot.
email :[email protected]
Hi,
Have you completed Babypips School?
I would suggest you to read through. It helps me a lot for understanding indicators.
Forex Signals: Leading vs Lagging Forex Currency Trading Indicators
As I can see you have been through the babypips school
now try this website
Generally speaking, the parameter settings of indicators are based on one of two primary considerations. One is the cycle rate of the market in question, which applies mostly to oscillator type indicators (RSI, Stochs, etc.). The other is the timeframe of the moves its meant to capture, as in the case of moving averages where the higher the look-back the longer the trend timeframe.
Baby pips school rocks… you learn a lot there… I am in leason 9 so far. 
After I finish the complete school, what do you guys recommend reading?
Cheers.
Thanks alot daydreamer65 and evreybodyelse.