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Candlestick Or Indicators? in General Forex Discussion_67f83ac065b44

Candlestick Or Indicators?

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MrForex

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An indicator can represent price movements while a candlestick can represent genuine movements or market sentiment so that both are equally important, my best advice is to combine both in a trading system.
#1351 - January 28, 2020, 02:07:56 AM

Erphat

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I prefer candlesticks because I think that candlesticks are more accurate than other technical indicators, it's just that knowing the characteristics and reading information in a candle requires more understanding.
#1352 - January 29, 2020, 07:55:07 AM

ariezz

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Quote from: Erphat on January 29, 2020, 07:55:07 AM
I prefer candlesticks because I think that candlesticks are more accurate than other technical indicators, it's just that knowing the characteristics and reading information in a candle requires more understanding.
Candlestik is indeed the most basic and most accurate indicator because it represents a price movement with all its psychology, all the activities of sellers and buyers around the world are reflected in a candle, so if we are able to read it it will be very profitable and we don't need any indicators anymore.
#1353 - January 29, 2020, 08:47:15 AM

Paesan

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I believe in candlesticks more than technical indicators, but I don't denigrate technical indicators, it's just that in my view, candlesticks are more accurate if we can read the information in them properly.
#1354 - January 30, 2020, 05:54:43 PM

aizafx

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learning candlestick pattern is one basic analysis  but most important in trading because with candlestick itself already giving sentiment market behavior that reflected the price movement as psychological market, candlestick giving early signal but if trade blindly could giving fake signal
#1355 - January 30, 2020, 09:48:01 PM

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#1356 - Today at 08:30:00 AM

zanurreload

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Quote from: aizafx on January 30, 2020, 09:48:01 PM
learning candlestick pattern is one basic analysis  but most important in trading because with candlestick itself already giving sentiment market behavior that reflected the price movement as psychological market, candlestick giving early signal but if trade blindly could giving fake signal
What makes me love the Stick candle pattern is that it doesn't repaint and has high accuracy
#1356 - January 31, 2020, 03:01:18 PM

TupaiFx

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Quote from: zanurreload on January 31, 2020, 03:01:18 PM
What makes me love the Stick candle pattern is that it doesn't repaint and has high accuracy
Candlestick analysis is good for those who already understand it.
#1357 - January 31, 2020, 03:22:01 PM

aizafx

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There are so many indicators available from default and on the market out there many sellers want to sell software, I never buy software because I think no perfect indicator available, although the price is very expensive, still skeptic with indicator, price action is a simple trading way
#1358 - January 31, 2020, 10:27:54 PM

ReezteexFx

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I tend to use both of them for collaboration because in my opinion if we can use and maximize an indicator it will be very helpful and can improve the accuracy of our analysis.
#1359 - February 02, 2020, 04:57:13 PM

Natsu

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indicators and candlesticks are actually the same tools or visuals for analyzing, both are lagging or late to the market so in my opinion the use is optional.
#1360 - March 18, 2020, 09:36:02 AM

FzEmperor

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in my opinion candlesticks are simpler and of high accuracy but behind it there is a complicated thing and is more difficult to learn than technical indicators.
#1361 - March 18, 2020, 05:01:52 PM

karisma sanse

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I prefer to use indicators because they are simpler, mastering indicators is not as difficult as studying candles as an analytical material, only they have their own weaknesses.
#1362 - March 18, 2020, 05:58:56 PM

Tapakliman

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candlesticks or indicators are optional, traders can choose one that is suitable and support the analysis, for example if you often use technical indicators so use indicators to be more profitable.
#1363 - March 19, 2020, 12:12:09 AM

Excoins

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Candlestick can be a good choice as long as we want to learn the characters and various forms of candles and are able to read the psychology of each candle.
#1364 - March 19, 2020, 05:25:35 AM

Xianzun

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I am more used to trading using indicators than candlesticks although candles are also a true indicator and can be used for naked trading analysis.
#1365 - March 19, 2020, 05:38:11 AM
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