Trading indicators will help you predict the market behavior and, by default, make you a better trader. No trading chart should be created without some technical indicators to help a trader with his/her decision. In most cases, these technical indicators use old mathematical formulas applied to the current price compared to market conditions such as volume or momentum to determine the right direction of the price.The technical indicators for Forex trading are divided in various groups. Among them, a momentum indicator can help determine the currency price direction. A volume indicator can also help determine price movement. Implementation of these indicators in technical analysis help traders determine the direction of currency prices and when to enter a trade.Momentum indicators help determine when a trend is coming to an end and a new trend, more likely, is developing. Some of the most commonly used indicator are the commodity channel index (CCI), relative strength index (RSI), stochastic oscillator, and changes momentum oscillator. Relative strength index usually is responsible for the uptrend and downtrend move relation measurements. These measurements are indicated in three distinguished categories. This includes an overbought currency level that is from 70 upwards whereas at 30 or below, is an indication that the currency is oversold. The role of volatility, as an indicator, is to describe the effect of fluctuation on a currency price as it compares to the current price. According to research, the volatility indicators can be an excellent to help determine the state of market activity.Currently, the best volatility indicators you can find in the market are chaikins volatility and Bollinger bands among others. They are able to provide and measure trend directions to the traders. This can be achieved in many ways which include a linear regression indicator and moving averages. According to research, a trader’s perception towards these indicators signals will, however, matter as they may provide false signals on occasion.The ultimate indicators will comprise of forecast oscillator, simple moving average, MACD, and, parabolic SAR. Just to mention, in a previous article, we discussed MACD at length.The Volume IndicatorsThey are used for different functions in trading. This includes confirming trends and pressure in buying, selling and many more. In this case, the increase in volume is what will always determine the increase in price. A trader is, hereby, granted a chance to reversal if in case there is lack of indicators to confirm the volume. Preferably, it is important to use demand index, Chaikin volatility, and volume ROC for better results. They are stable with less fluctuation on the currency price, thus are recommendable for accuracy in your trading.