Trading on Quotex web can be more effective and less risky when you understand how to use technical indicators. These tools help traders analyze market behavior and make more informed decisions instead of relying solely on gut feelings or guesses. If you’re a beginner, this guide will walk you through how to set up and use indicators on Quotex to boost your trading accuracy.
What Are Indicators?
Indicators are tools used in technical analysis that display calculations based on price, volume, or open interest. They help traders identify market trends, momentum, volatility, and potential reversal points. When used correctly, indicators can improve the timing and quality of your trades.
On Quotex, you can add various indicators to your trading chart directly with just a few clicks, making the process simple for new users.
Step-by-Step: Setting Up Indicators on Quotex
Here’s how to add and configure indicators on Quotex:
Open the Chart Interface
After logging in to your Quotex account, select the asset you want to trade (e.g., EUR/USD, BTC/USD). The chart will appear in the center of your screen.
Click the “Indicators” Button
At the top of the chart, you’ll find the “Indicators” icon. Click on it to open the list of available technical tools.
Choose Your Indicator
Browse the list of available indicators and select the one you want to apply. Popular indicators include:
- Moving Average (MA)
- Relative Strength Index (RSI)
- Bollinger Bands
- MACD
- Stochastic Oscillator
Click on your chosen indicator, and it will be applied to your chart instantly.
Customize Settings
Once the indicator is applied, you can adjust its settings (such as period length or color) by clicking the settings icon next to it. Customize these based on your trading style or strategy.
Most Useful Indicators for Beginners
Here are some beginner-friendly indicators commonly used on Quotex:
Moving Average (MA)
The moving average smooths out price action and helps identify the overall direction of the market (trend). A rising MA signals an uptrend, while a falling MA signals a downtrend.
- Simple Moving Average (SMA): Averages the closing prices over a specific number of periods.
- Exponential Moving Average (EMA): Places more weight on recent prices, making it more responsive.
Tip: Use a combination of short-term (e.g., 9 or 14-period) and long-term (e.g., 50-period) MAs to spot trend changes.
Relative Strength Index (RSI)
RSI measures the speed and change of price movements. It ranges from 0 to 100 and is commonly used to identify overbought and oversold conditions.
- Above 70: Overbought — potential for price to fall.
- Below 30: Oversold — potential for price to rise.
Tip: Combine RSI with trend direction to avoid false signals.
Bollinger Bands
Bollinger Bands consist of three lines: a moving average in the center, and two outer bands that react to volatility.
- When price touches or breaks the upper band, it may reverse downward.
- When price touches the lower band, it may reverse upward.
Tip: Look for squeeze patterns—tight bands often signal upcoming breakouts.
MACD (Moving Average Convergence Divergence)
MACD is useful for spotting trend changes and momentum shifts. It consists of two lines (MACD line and Signal line) and a histogram.
- MACD crosses above Signal Line: Bullish signal
- MACD crosses below Signal Line: Bearish signal
Tip: Use MACD in combination with support/resistance levels for stronger setups.
Best Practices for Using Indicators
Using indicators can be powerful, but only when applied correctly. Here are some best practices to follow:
Avoid Overloading Your Chart
Using too many indicators at once can lead to confusion and conflicting signals. Stick to 2–3 complementary indicators.
Combine with Price Action
Indicators are tools, not guarantees. Always use them in combination with chart patterns, candlestick analysis, and support/resistance zones.
Backtest in Demo Mode
Before trading real money, test your indicator strategy in demo mode. This helps you understand how signals work in real-time without financial risk.
Stay Consistent
Jumping from one indicator to another after each loss will only create confusion. Stick to one system and master it before trying new ones.
Final Thoughts
Indicators can help simplify trading decisions, reduce emotional errors, and improve overall success on Quotex broker. Whether you’re identifying a trend, spotting a breakout, or timing an entry point, these tools provide valuable support.
However, no indicator is perfect. The key is to use them wisely—learn their strengths, know their weaknesses, and always confirm signals with real market context.
Start small, practice often, and stay focused. With time and experience, you’ll find the right combination that fits your unique trading style.