What would be the best indicator indicating precise entries and exits for MT5?

[pink_hat_trader]

@Miss_Apprehension

I wouldn’t fancy trying to use indicators for entering trades

It’s one of those “two groups” things. Most forex traders would. Most profitable forex traders wouldn’t (but that’s a tiny group).

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Exactly so. It’s a classic example of what we psychologists call the “two groups syndrome” or “two groups fallacy”. There are two very different - and sometimes, in fact, diametrically opposed - consensuses of opinion, on such subjects, and which one you’ll always hear depends on which group you always ask. People feel, in principle, often for good reasons, that a very big sample size will produce a more reliable (i.e. “more likely to be right”) consensus of opinion. As any statistician wil…