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What Is The Best Technical Indicator In Forex Babypips Com 1 bollinger bands:. the bollinger bands indicator is regarded as one of the most famous trend indicators used by traders, especially by retail traders. the inventor, john bollinger, had two uses for it when he developed the indicator: to measure the market’s volatility and to show trending conditions. The data showed that over the past 5-years, the indicator that performed the best on its own was the ichimoku kinko hyo indicator. it generated a total profit of $30,341, or 30. 35%. over 5 years, that gives us an average of just over 6% per year!. It is the world’s best forex indicator because it is the one indicator every forex trader should be using for every single trade they make. end of story. no other indicator can claim that. not even close. fundamental for the future, to continue sharing the best free strategies and indicators forex strategies resources forex strategiesforex trading system-scalping trading tutorial t...