Indicator gives some representation of how much a currency has moved compared to all other currencies it's match with, and it is of course about future.
There is a commercial indicator on the market which is done using the spread sheet or indicator updated automatically directly from the meta trader chart. Also many other indicators are made with the help of some research. Is this possible technically all the time ? It may assist you, but not for final decision making.
Most of the time traders fully depend on some indicators which can have possibility to fail them, as because they (Indicators) can't ensure perfection of future market, against all currencies, all time. That's why It should keep in mind to conduct your trading for win, not for loss. At the end you like to see yourself as a winner.
Auto trading robot is another familiar tools now- a-day. But there are several problems , as because it is very long term procedure which cam have you bored. Don't get your optimum achievement.
Considering the above mentioned factors you have to make a constructive decision for your success.
As an option, you can rely on our "forex pips signal", taking analytical alert on specific currency, and be a winner for tomorrow.