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Forex Zone - Forex Forum
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Forex Education
Characteristics of a Good Indicator
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Characteristics of a Good Indicator
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Re: Characteristics of a Good Indicator
Vernalta
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The character of indicators apart from being easy is that they are not difficult to use. When you choose an indicator and want to use the indicator, you should be able to do research first about the indicator so that later when you have done the research you can decide whether to use it or not.
#556
- November 20, 2023, 01:52:07 AM
Re: Characteristics of a Good Indicator
Dyandra
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When using indicators, you must choose indicators that are easy to choose indicators that are not too difficult to use so that we have plenty of time for other activities. Therefore, choose indicators that are simple but have high accuracy to analyze price movements.
#557
- November 21, 2023, 02:32:14 AM
Re: Characteristics of a Good Indicator
Vernalta
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Using indicators must be easy because when you use difficult indicators it will be very difficult for you to open a position. Don't use indicators that are too complicated.
#558
- November 22, 2023, 01:58:43 AM
Re: Characteristics of a Good Indicator
Dyandra
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If you use an indicator, the most important character is that it is easy to understand. To open a position, that is important because when you use an indicator that is not easy or difficult or tends to be complicated to use for analysis, then you will not finish just analyzing it and will not make a position.
#559
- November 23, 2023, 01:23:37 AM
Re: Characteristics of a Good Indicator
Vernalta
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The use of indicators really functions to help us in analysis, so don't choose indicators that are difficult. Choose an indicator that is easy to use and that you have researched beforehand because this indicator is a tool that is really needed for analysis.
#560
- November 24, 2023, 02:28:07 AM
Re: Characteristics of a Good Indicator
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Re: Characteristics of a Good Indicator
Dyandra
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Using indicators the first thing I saw was how to use them. If it's difficult to use, maybe I won't use it even though the results will be very good, but when I use an easy indicator that doesn't take too long to take an open position, I will definitely choose it.
#561
- November 25, 2023, 02:28:17 AM
Re: Characteristics of a Good Indicator
Vernalta
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The character of the indicator must be able to be used well, never use difficult indicators. Never use indicators that are too complicated because indicators that are too difficult to use will waste your time that you could use for quick analysis.
#562
- November 26, 2023, 02:14:11 AM
Re: Characteristics of a Good Indicator
Dyandra
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If you use an indicator, choose an indicator that has characteristics that are easy to use, where when you use this indicator you immediately understand the trend position and to open positions using this indicator so you don't waste too much time.
#563
- November 27, 2023, 01:42:00 AM
Re: Characteristics of a Good Indicator
Vernalta
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To use good indicators, you definitely have to choose the easy ones, choose the ones that are not complicated. Using the indicators should make it easier for you to achieve your goals. When you use difficult indicators, it will actually waste your energy and waste your thoughts for nothing.
#564
- November 28, 2023, 12:43:52 AM
Re: Characteristics of a Good Indicator
Dyandra
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If you use an indicator, make sure the indicator you use is easy. Make sure you use the indicator for daily trading, for example. When you use an oscillator or use a zigzag, it's easy because using the indicator will be safe anyway.
#565
- November 29, 2023, 12:23:44 AM
Re: Characteristics of a Good Indicator
Vernalta
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If possible, use easy indicators because using easy indicators will make you comfortable, making you continue to carry out analysis easily and uncomplicatedly and certainly won't waste a lot of time.
#566
- November 30, 2023, 12:32:16 AM
Re: Characteristics of a Good Indicator
Dyandra
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You are obliged to use indicators that are easy to use. When you use easy indicators you will definitely be safe when trading and this will tend to make you consistently use simple indicators such as the Moving Average.
#567
- December 01, 2023, 01:02:33 AM
Re: Characteristics of a Good Indicator
Vernalta
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I agree with using easy indicators that are not too complicated, such as using the zigzag indicator or using the fractal indicator or using the RSI indicator because using easy indicators will help us make the analysis shorter.
#568
- December 02, 2023, 12:58:07 AM
Re: Characteristics of a Good Indicator
Dyandra
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If you use an indicator, you should use an indicator with an easy character because when you use an indicator with a difficult and complicated character, it will waste your time just to analyze, therefore use indicators that have been set, use indicators that match your expectations.
#569
- December 03, 2023, 01:09:29 AM
Re: Characteristics of a Good Indicator
Vernalta
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Using good indicators will definitely have a strong character, therefore when you use indicators, as much as possible, use simple, easy indicators that don't take a lot of time, such as oscillator indicators or other indicators.
#570
- December 04, 2023, 01:39:45 AM
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Characteristics of a Good Indicator
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