For this list, we tested several brokers with forex indicators for swing trading.

For this article, we opened real accounts with deposits between $4,000 and $8,000, then placed real trades in each market to get the full picture of spreads and conditions. We also reached out to customer support to solve the issues we have faced while depositing or withdrawing the funds.

We picked the best brokers with forex indicators for swing trading based on our trading data and experience as a trader.

What is Swing Trading and Indicator?

Swing trading is a speculative trading strategy enabling to open and close positions in a short period – from a few days to several weeks – to profit from price changes or the so-called “swings”. While swing trading, traders apply technical analysis and use indicators to eliminate subjectivity and emotional factors.

Technical indicators are mathematical calculations based on the previous market data to forecast anticipated price changes typically depicted as chart patterns.

There are 3 popular types of indicators used by swing traders – trend indicators, momentum indicators, and volume indicators.

Some of the most popular technical indicators tools are:

  • Moving Average
  • Bollinger Bands
  • On-Ballance Volume
  • Stochastic Oscillator
  • Relative Strength Index

To find out more read our article about Technical Indicator Providers.

Best Indicators for Swing Trading

Swing traders use charts and indicators to profit from short price changes since swing trading is typically executed in a short period, it is crucial to identify new momentum as quickly as possible.

Here are the top indicators used by swing traders:

  • Moving averages – a calculation to analyze data points by creating averages of subsets of the total data
  • Volume – an indicator allowing to evaluate trend’s strength at a particular time
  • Ease of movement – a momentum indicator giving a closer look at the volume and how it correlates with price action
  • Relative strength index (RSI) – momentum indicator charting the strength or the weakness of a trend on the closing prices of a recent trading period
  • Stochastic oscillator – similar to RSI, it compares the closing price to the price of a certain period

In fact, there’s no best indicator – everything depends on which indicator resonates well with your needs and your trading strategy.

Most Popular Technical Indicators:

Types of IndicatorsTrading Indicators
📊 Trend Indicators🧮 MA Trading Indicator (Moving Average)
💻 Moving Average Convergence/Divergence (MACD)
📍 Relative Strength Index (RSI)
📚 ADX Trading Indicator (The average Directional Index)
📈 Mean Reversion Indicators📇 Relative Strength Index (RSI)
📂 Bollinger Bands
📜 Internal Bar Range
🔄 Volatility Index (VIX)
📱 Momentum Indicators📉 Relative Strength Index (RSI)
📘 Rate of Change (ROC)
📓 Stochastic Oscillator
📰 Volume Indicator Trading🔁 On-Balance Volume (OBV)
📌 Chaikin Money Flow
📔 Klinger Oscillator

Best Forex Brokers for Swing Trading

Available tools or indicators depending on the availability on the trading platfrom and broker trader would use. Some platforms are a way more sophisticated and some are featuring basic indicators like majority of web based platforms.

To come up with this list, we have tested several brokers with good range of indicators for swing trading. We opened real accounts with deposits and then placed trades to see the conditions for swing trading. Tools offered may differ from broker to broker or platform to platform hence we tried to find brokers with the best tool range.

  • Interactive Brokers – Best Technical Indicators for Swing Trading Broker Overall
  • Trading 212 – Best Broker Forex Swing Trading for Beginners
  • AvaTrade – Best Broker with Swing Trading Indicators MT4
  • TD Ameritrade – Best Broker with Stock Indicators for Swing Trading

Best Technical Indicators for Swing Trading Broker Overall

We picked Interactive Brokers as the best forex broker with indicators for swing trading overall.

Founded in 1003, Interactive Brokers is one of the best CFD and forex brokers with the main focus on broad market classes, low commissions, and superior trade execution with access to more than 135 markets.

Interactive Brokers platforms offer excellent charts and scanners that help identify trading opportunities for swing trading.

Best Broker Forex Swing Trading for Beginners

We chose Trading 212 as the best broker with swing trading indicators for beginners.

Founded in 2004, Trading 212 is a global CFD provider with an easy-to-use web and mobile platform offering more than 1,780 trading instruments across the diverse market.

Trading 212 provides excellent charting tools and indicators for swing traders also decent educational resources for both novice and experienced traders as well as a special community forum for clients to find relevant answers to their trading-related questions.

Best Broker with Swing Trading Indicators MT4

We picked AvaTrade as the best broker with indicators for swing trading on MT4.

AvaTrade is a privately held CFD and forex broker operating since 2006; it offers a wide range of trading instruments in forex, indices, commodities, bonds, cryptocurrencies, stocks, and ETFs with average-to-competitive spreads. The broker allows traders to open accounts for as little as 100 units of the currency base with first-class educational and research resources for beginners.

AvaTrade offers a wide range of indicators through the MT4 platform for swing trading such as oscillators, trend and volume indicators.

Best Broker with Stock Indicators for Swing Trading

Being in operation for over 50 years, TD Ameritrade is a top-of-the-line broker with $0 commissions offering a full-service brokerage experience that caters to the needs of both new investors and advanced day traders taking positions in a variety of asset classes.

When it comes to technical analysis, TD Ameritrade reigns supreme with its vast range of indicators counting over 300 indicators. Some of the indicators are moving average, on-balance volume, etc.

List of Brokers with Swing Trading Tools

Here is a full list of brokers we have tested with the best offering of indicators for swing traders:

Forex BrokersOur test detailsBroker Review
FxPro Deposit Amount: Over €5,000
Total Trade: 15 trades
FxPro Review
PepperstoneDeposit Amount: Over €6,000
Total Trade: 12 trades
Pepperstone Review
TickmillDeposit Amount: Over $8,000
Total Trade: 12 trades
Tickmill Review
Blackbull MarketsDeposit Amount: Over €4,000
Total Trade: 12 trades
BlackBull Markets Review
ActivTradesDeposit Amount: Over €5,000
Total Trade: 12 trades
ActivTrades Review
XMDeposit Amount: Over €5,000
Total Trade: 12 trades
XM Review
FXMDeposit Amount: Over €6,000
Total Trade: 12 trades
FXTM Review
IC MarketsDeposit Amount: Over €5,000
Total Trade: 12 trades
IC Markets Review
Vantage FXDeposit Amount: Over €5,000
Total Trade: 15 trades
Vantage FX Review
INFINOXDeposit Amount: Over €4,000
Total Trade: 9 trades

FAQ and More on Swing Trading Indicators

Many people have a lot of questions regarding trading. Here we address some common traders’ concerns related to indicators for swing trading.

Top 10 Indicators for Swing Trading

We have already covered some of the most commonly used indicators, here are the top 10 indicators for swing trading:

  • Relative Strength Index (RSI)
  • Stochastic Oscillator
  • On-balance volume (OBV)
  • Moving Average Convergence Divergence (MACD)
  • Bollinger Bands (BB)
  • Ease of Movement
  • Support and Resistance
  • Volume
  • Donchian Channel
  • Zig Zag

Best Indicators for Swing Trading Cryptocurrency

Predicting the price movement of cryptocurrencies is crucial; there’s a range of swing trading indicators that help traders to boost their skills.

We have picked some of the most popular tools for cryptos:

  • Relative Strength Index (RSI)
  • Bollinger Bands
  • Moving Average

Keep in mind that the right tool is chosen depending on the strategy, not the instrument.

Best Chart Indicators for Swing Trading

Here are some of the most popular chart indicators for swing trading commonly used in multiple forex website tools like TradingView, TrendSpider, etc:

  • Candlesticks
  • Oscillators
  • Fractals

Volume Indicators for Swing Trading

These types of indicators are mainly built to evaluate securities’ bear and bull power. They help to identify and confirm trends and patterns.

Here’s a list of some of the most popular volume indicators for swing trading:

  • On-balance Volume
  • Ease of Movement
  • Volume Oscillators

Author of this review

By George Rossi

Author of this review

I am a well-rounded financial services professional experienced in fundamental and technical analysis, global macroeconomic research, foreign exchange and commodity markets and an independent trader.

Now I am passionate about reviewing and comparing forex brokers.

Everything you find on BrokerTested is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology

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