Forex Zone - Forex Forum

Characteristics of a Good Indicator in Forex Education_68922e7c602bf

Characteristics of a Good Indicator

Discussion started on Forex Education

  • Hero Member
  • Posts: 66356
  • Points: 686
  • Likes Received: 58
  • Reputation: +53/-46
An indicator will feel easy to use if it has characteristics that are easy to analyze because when you use an indicator that is complicated to use then you will also have a little difficulty and waste a lot of time.
#511 - October 06, 2023, 12:15:52 AM

  • Hero Member
  • Posts: 68342
  • Points: 745
  • Likes Received: 100
  • Reputation: +18/-46
Using indicators should not be done haphazardly because when you use difficult and complicated indicators it will actually make it difficult for you to use simple indicators, use indicators that you have tested first on a demo account.
#512 - October 07, 2023, 12:14:02 AM

  • Hero Member
  • Posts: 66356
  • Points: 686
  • Likes Received: 58
  • Reputation: +53/-46
I suggest using indicators that should be easy, not difficult and not too complicated to use because in my opinion, when you use custom indicators, especially in my opinion, they are more difficult and they are usually indicators that are created by yourself. So just use common, easy indicators like moving averages
#513 - October 08, 2023, 02:41:07 AM

  • Hero Member
  • Posts: 68342
  • Points: 745
  • Likes Received: 100
  • Reputation: +18/-46
Using a good indicator is indeed one of the right things. The character of a good indicator is that it is usually easy to use and not too complicated to learn and is very easy to use.
#514 - October 09, 2023, 12:54:53 AM

  • Hero Member
  • Posts: 66356
  • Points: 686
  • Likes Received: 58
  • Reputation: +53/-46
If you want to easily carry out analysis, use indicators that are not difficult to use because indicators that are easy to use, of course everyone can use and indicators like this make it easier for us to carry out analysis, such as using fractal or zigzag indicators.
#515 - October 10, 2023, 12:07:55 AM

Sponsored

Characteristics of a Good Indicator in Forex Education_6803a6c52eb12
#516 - Today at 05:57:24 PM

  • Hero Member
  • Posts: 68342
  • Points: 745
  • Likes Received: 100
  • Reputation: +18/-46
If you use indicators, make sure you choose indicators that are easy to use and not too complicated because easy indicators will actually help speed up your analysis well and not waste your time just analyzing.
#516 - October 11, 2023, 12:27:57 AM

  • Hero Member
  • Posts: 66356
  • Points: 686
  • Likes Received: 58
  • Reputation: +53/-46
Get used to it. When you use indicators, use indicators that are easy to use and not too difficult, for example, if you use a Moving Average, use a fractal, use RSI, they are all easy to use because when you use a difficult indicator, you will also waste your time just using the indicator.
#517 - October 12, 2023, 12:19:49 AM

  • Hero Member
  • Posts: 68342
  • Points: 745
  • Likes Received: 100
  • Reputation: +18/-46
The easier the indicator you use, the easier it will be when you open a position. Because after all, we have to choose an easy indicator, an indicator that can save us from spending a lot of time just observing signals like oscillators.
#518 - October 13, 2023, 12:28:29 AM

  • Hero Member
  • Posts: 66356
  • Points: 686
  • Likes Received: 58
  • Reputation: +53/-46
If you use an indicator, make sure that the indicator has a good character, is easy to use and is not complicated for beginners or high professionals, and is an indicator that suits your own abilities because everyone certainly has different indicators. I prefer to use the zigzag indicator.
#519 - October 14, 2023, 12:41:51 AM

  • Hero Member
  • Posts: 68342
  • Points: 745
  • Likes Received: 100
  • Reputation: +18/-46
If you use indicators, use indicators that you understand and use appropriately. You can use easy indicators that can really make you more successful in analyzing
#520 - October 15, 2023, 12:51:56 AM

  • Hero Member
  • Posts: 66356
  • Points: 686
  • Likes Received: 58
  • Reputation: +53/-46
It's best to use indicators that are easy to use, use indicators that are not too complicated to use because the indicator is only a tool if you spend your time just using the indicator. In my opinion, it's a waste to use a simple indicator.
#521 - October 16, 2023, 12:08:34 AM

  • Hero Member
  • Posts: 68342
  • Points: 745
  • Likes Received: 100
  • Reputation: +18/-46
If you use indicators, choose indicators that are easy to use, use indicators that don't take a long time to analyze, because if it's difficult, it will waste your time.
#522 - October 17, 2023, 12:54:05 AM

  • Hero Member
  • Posts: 66356
  • Points: 686
  • Likes Received: 58
  • Reputation: +53/-46
Using indicators must be easy because when you use difficult indicators it will be difficult for you to carry out analysis and this will definitely make you less focused.
#523 - October 18, 2023, 02:18:46 AM

  • Hero Member
  • Posts: 68342
  • Points: 745
  • Likes Received: 100
  • Reputation: +18/-46
The character of the indicator must be easy, not too difficult, because after all, when you trade, you must be able to use indicators that are easy to use so that problems do not occur.
#524 - October 19, 2023, 12:40:58 AM

  • Hero Member
  • Posts: 66356
  • Points: 686
  • Likes Received: 58
  • Reputation: +53/-46
Using indicators that are not difficult and not too complicated is one of the indicators that we must use because when we analyze we need something fast so make sure to use indicators that don't require a lot of time to analyze.
#525 - October 20, 2023, 12:21:51 AM

Members:

0 Members and 1 Guest are viewing this topic.



Elementor Website Builder