Forex Trading has been born in an era of unmatched offerings of leverage which leans the entire market and brokering industry toward irresponsible and unrealistic casino end of investment.
Most indicators were created for the beautiful flowing and more gradual nature of a relatively stable and lowly levergaed trading arena of commodities or stocks.
FOREX MARKETS ARE ANYTHING OTHER THAN THE LOWER LEVERAGED, RELATIVELY STABLE AND GRADUAL MOVING COMMODITY AND SHARES MARKETS THAT OUR INDICATORS WERE BORN FROM.
Indicators do nothing for you in an arena of absolute unknown and randomness. It makes pretty pictures and just magnifies already perfect hindsight as they are all based on past history.
There is no foresight in Forex Trading, there is only speculation.