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How many indicators or only one?

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Erphat

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I have a naked trading system so in my system I rarely use indicators, even if I use the most I use only trend lines to strengthen my predictions.
#1246 - December 30, 2019, 07:37:54 AM

Peterix

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I used to only use 1 indicator, the trend line to analyze and draw resistance support lines, I think one simple and powerful indicator is enough to make a strategy and a profitable system.
#1247 - January 06, 2020, 10:42:29 AM

IbunyaranapsitumorangPSK

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a good indicator is an indicator that can make us comfortable in trading. not the number of indicators. if my suggestion is better to use 1 or 2 indicators only
#1248 - January 09, 2020, 04:49:03 AM

Acewyr

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I only use 1 indicator, but I modified it so that it has a double function, I rarely use more than 1 indicator unless forced to need additional confirmers.
#1249 - January 12, 2020, 12:18:57 PM

farqueen

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The good thing is we use the ideal indicator, it means we adjust to the needs, according to the strategies and systems that we have because trading systems that use many indicators will feel complicated and if it does not fit our style it will take a long time to get a mature system.
#1250 - January 12, 2020, 05:08:29 PM

rabitb41

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Indicators can be used as a pretty good tool, if a trader is able to apply them for a more accurate analysis then he can use indicators as needed and the numbers can be one, two or several, and there are also traders who use many indicators at the same time.
#1251 - January 13, 2020, 10:20:21 AM

G 5oro5

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I am used to trading only with the trendline because I consider the trend line to be the simplest and most powerful indicator compared to all other types of indicators, with a trend line I can confirm and determine the entry point well.
#1252 - January 13, 2020, 11:36:19 AM

mbelgedes

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I use 2 indicators in my trading system and I usually use bolingerband and fibo indicators, sometimes if I'm afraid to miss the moment then I only use the trend line for analysis.
#1253 - February 12, 2020, 02:22:14 AM

Natsu

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I only use 2-3 technical indicators, and even then rarely all I use, sometimes if the market is quite predictable I only use 1 indicator, trendline or pivot.
#1254 - February 12, 2020, 04:33:59 AM

Corrona

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I do not use technical indicators except the trendline because I consider the trend line and candles to be sufficient and the trendline in my opinion is a powerful indicator.
#1255 - February 13, 2020, 05:40:33 AM

Arago

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I use many indicators according to my taste and I use several confirmations for entry, some of the indicators I use most often include fibo, stochastic, bowling, trend line and a few more.
#1256 - February 13, 2020, 07:20:34 AM

Tapakliman

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I tend to use 3 technical indicators but I use a custom indicator because I feel confident with the signal shown by the indicator that I have with a little to change the default indicator settings.
#1257 - February 13, 2020, 08:01:34 PM

lherry

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I often use several indicators and additionally I usually use a candle pattern as confirmation, precisely in my trading system I use 3-4 indicators and candle patterns under certain conditions.
#1258 - February 16, 2020, 07:26:58 AM

PrimaFx

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I only use 2 simple indicators built in mt4, the most important thing here is not the number of indicators but our understanding and creativity in using the indicators themselves, one indicator is better than many if we master it well.
#1259 - June 17, 2020, 03:42:51 PM

Muh0340

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I only use 3 indicators, one of which is fibo because the indicator is quite effective in detecting a trend so for confirmation I use 2 additional indicators namely MA and stochastic.
#1260 - June 18, 2020, 12:24:58 PM
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