Forex Zone - Forex Forum

How many indicators or only one?  in General Forex Discussion_699fadb3a6d85

How many indicators or only one?

Discussion started on General Forex Discussion

  • Newbie
  • Posts: 21
  • Points: 0
  • Likes Received: 1
  • Reputation: +0/-0
indicators that I usually use are simple indicators like Fibonacci retracement or can use Bollinger bands. So I personally use what we find easy
#1186 - November 13, 2019, 10:20:28 PM

  • Newbie
  • Posts: 23
  • Points: 0
  • Likes Received: 1
  • Reputation: +0/-0
using only two indicators is sufficient, for example a tape and a parabolic dish.
#1187 - November 13, 2019, 10:39:36 PM

  • Jr. Member
  • Posts: 58
  • Points: 0
  • Likes Received: 2
  • Reputation: +0/-0
MACD indicator is very good, but sometimes the signal given is fake. not accurate
MACD does sometimes give fake signals, but I combine with other indicators and wait for confirmation of the signal from it. If it's confirmed, I will take the order position.
#1188 - November 14, 2019, 05:34:05 AM

  • Newbie
  • Posts: 23
  • Points: 0
  • Likes Received: 2
  • Reputation: +0/-0
when I'm using or I'm logged in I usually take the time to open at least 2 indicators to help me observe and determine my entry
#1189 - November 14, 2019, 06:35:33 AM

  • Full Member
  • Posts: 112
  • Points: 1000
  • Likes Received: 18
  • Reputation: +1/-0
My needs and my ability to do it don't require many indicators. I only need to use 2-3 technical indicators so I don't use other indicators.
What indicators do you use and how have you been trading?
Maybe you can share here about your indicator strategy.
#1190 - November 14, 2019, 10:09:51 AM

Sponsored

How many indicators or only one?  in General Forex Discussion_6803a6c52eb12
#1191 - Today at 02:51:43 PM

  • Hero Member
  • Posts: 850
  • Points: 0
  • Likes Received: 97
  • Reputation: +2/-2
of the many indicators there are only 2 that I normally use, that is 2 indicators are one custom and one standard indicator.
#1191 - November 14, 2019, 10:25:18 AM

  • Full Member
  • Posts: 148
  • Points: 145
  • Likes Received: 2
  • Reputation: +0/-0
for the main indicators I usually just use 2 indicators as the main indicators between the two indicators namely Bolingger Bands and Stochastic Oscillators
#1192 - November 14, 2019, 10:37:33 AM

  • Full Member
  • Posts: 169
  • Points: 0
  • Likes Received: 6
  • Reputation: +1/-2
to make it look simpler it might be enough with just one indicator, for example using a moving average to see trends and I also use a Moving Average to analyze matket because it's simpler
#1193 - November 14, 2019, 11:30:19 AM

  • Full Member
  • Posts: 205
  • Points: 0
  • Likes Received: 12
  • Reputation: +0/-0
for myself maybe just using 2 indicators is already good enough. because too many indicators will make me more complicated, I also use 2 indicators, for example Bollinger Bands and Parabolic Sar.
#1194 - November 14, 2019, 11:55:51 AM

  • Full Member
  • Posts: 116
  • Points: 0
  • Likes Received: 11
  • Reputation: +0/-0
I use the indicator is quite simple and not too much I only use the indicator on MT4 but I use a combined indicator of BB and MA
#1195 - November 14, 2019, 01:15:45 PM

  • Full Member
  • Posts: 190
  • Points: 150
  • Likes Received: 18
  • Reputation: +3/-0
I don't care how much for us to have to use indicators, the most important thing that makes our analysis easier,
#1196 - November 14, 2019, 02:24:33 PM

  • Jr. Member
  • Posts: 67
  • Points: 0
  • Likes Received: 9
  • Reputation: +1/-0
don't use most indicators just using one indicator is enough or two indicators. My suggestion is to use moving averages to read trends. MA indicators are usually combined with other MAs so when a cross occurs it will become a signal.
#1197 - November 14, 2019, 08:10:45 PM

  • Newbie
  • Posts: 21
  • Points: 0
  • Likes Received: 1
  • Reputation: +0/-0
I use 2 indicators as an aid in analyzing prices, because for me more and more indicators make me dizzy, and make me not so focused on my indicators, the indicators I usually use are Bolinger Bands and Moving Average alone
#1198 - November 18, 2019, 02:58:44 PM

  • Hero Member
  • Posts: 2224
  • Points: 7991
  • Likes Received: 140
  • Reputation: +6/-1
There are so many indicator defaults on MT4 platform, I am currently learning to use Fibonacci combined with trend lines and support resistance, but in practice still often trading without an indicator and only based on price action
#1199 - November 18, 2019, 09:53:08 PM

  • Newbie
  • Posts: 47
  • Points: 0
  • Likes Received: 4
  • Reputation: +0/-0
the more you use indicators, the more difficult it will be, but for me if the fewer indicators we use in my opinion, the better and that's why I only use Fibonacci
#1200 - November 19, 2019, 02:02:16 PM

Members:

0 Members and 1 Guest are viewing this topic.



Fastmail Private Email