Forex Zone - Forex Forum
  1. Forex Zone - Forex Forum
  2. General Category
  3. General Forex Discussion
  4. How many indicators or only one?

How many indicators or only one? in General Forex Discussion_67f83ac065b44

How many indicators or only one?

Discussion started on General Forex Discussion

Print
Pages: 1 ... 83 84 [85] 86 87 ... 154   Go Down

Sam86

  • Full Member
  • Posts: 180
  • Points: 583
  • Likes Received: 29
  • Reputation: +1/-1
I only use MA and fibonacci and also i use tehnic price action analysis. Too much indicator on your chart it will make you confused
#1261 - June 19, 2020, 06:40:31 AM

Miracle Fx

  • Hero Member
  • Posts: 524
  • Points: 0
  • Likes Received: 65
  • Reputation: +2/-0
If I'm already comfortable with 1 or 2 indicators don't need many indicators, later you will even be confused to read it
#1262 - June 22, 2020, 02:21:29 AM

Jajami

  • Hero Member
  • Posts: 810
  • Points: 0
  • Likes Received: 121
  • Reputation: +3/-0
Quote from: Miracle Fx on June 22, 2020, 02:21:29 AM
If I'm already comfortable with 1 or 2 indicators don't need many indicators, later you will even be confused to read it
The use of indicators 1 & 2 is very good, the problem is not the number of indicators used, but the understanding and ability to use these indicators that must be improved.
#1263 - June 22, 2020, 12:32:20 PM

Miracle Fx

  • Hero Member
  • Posts: 524
  • Points: 0
  • Likes Received: 65
  • Reputation: +2/-0
Quote from: Jajami on June 22, 2020, 12:32:20 PM
The use of indicators 1 & 2 is very good, the problem is not the number of indicators used, but the understanding and ability to use these indicators that must be improved.
Many traders who use a lot of indicators often even replace them because the results are not good, not focusing on the indicators will actually be difficult to understand, it becomes an obstacle many traders who use the indicator wrong.
#1264 - June 22, 2020, 01:29:00 PM

Kapoor

  • Sr. Member
  • Posts: 410
  • Points: 46229
  • Likes Received: 7
  • Reputation: +3/-0
I am used to using 4 indicators in my trading chart and that has also become my trading system so it cannot be changed or even difficult to change unless I change the system.
#1265 - June 23, 2020, 09:01:06 AM

Sponsored

How many indicators or only one? in General Forex Discussion_6803a6c52eb12
#1266 - Today at 07:39:32 PM

Aryox

  • Sr. Member
  • Posts: 434
  • Points: 0
  • Likes Received: 17
  • Reputation: +1/-0
I only use default indicators, namely stochastic and trend line, 2 simple but powerful indicators in my opinion.
#1266 - June 25, 2020, 07:37:51 PM

Lolek555

  • Sr. Member
  • Posts: 283
  • Points: 2685
  • Likes Received: 15
  • Reputation: +2/-19
hi , my first post  .. i acutally trade as a hobby now but got few years experience , and after all these years i use ZERO indicators , almost all indiators are lagging . PRice is king (price action, order book etc).   all best. LOLEK555
#1267 - June 25, 2020, 10:08:30 PM

Arik Zs 9

  • Full Member
  • Posts: 104
  • Points: 9318
  • Likes Received: 6
  • Reputation: +0/-9
Quote from: Lolel555 on June 25, 2020, 10:08:30 PM
hi , my first post  .. i acutally trade as a hobby now but got few years experience , and after all these years i use ZERO indicators , almost all indiators are lagging . PRice is king (price action, order book etc).  all best. LOLEK555
Agree, I used to use many indicators at the beginning of trading. But what happens is make you dizzy. And now I don't use trading indicators just look at Candle price action
#1268 - June 26, 2020, 06:12:36 PM

Tahajud

  • Hero Member
  • Posts: 1254
  • Points: 102
  • Likes Received: 175
  • Reputation: +70/-0

Because I belong to naked trading, I do not use any indicators because in my opinion understanding the science of price action and support has become a visual indicator for me so that I become easy to monitor market charts With an understanding of price action or candlestick science that I combine with support and resistance . because in my opinion both of these understandings are my reference in trading considering price action or candlestick science has its own philosophical value on the value given in one form of candlestick Is it a Shooting Star or engulfing doji and maybe some other candlesticks that support it so that way I feel it is very easy to understand price behavior when combined with understanding of resistance support to observe price movements in the market.
#1269 - June 27, 2020, 11:10:47 PM

Kintamani

  • Newbie
  • Posts: 32
  • Points: 349
  • Likes Received: 3
  • Reputation: +1/-0
the indicator also really helps me in a trade and usually I often use the Fibonacci indicator, Parabolic Sar, and Stochastic Oscillator
#1270 - June 28, 2020, 08:24:50 PM

Torroco

  • Hero Member
  • Posts: 5458
  • Points: 1753
  • Likes Received: 562
  • Reputation: +22/-18
I prefer to use one indicator so that it can be easier and not confused in determining conclusions
#1271 - June 29, 2020, 09:46:02 AM

Antonio

  • Hero Member
  • Posts: 850
  • Points: 0
  • Likes Received: 97
  • Reputation: +2/-2
Quote from: Torroco on June 29, 2020, 09:46:02 AM
I prefer to use one indicator so that it can be easier and not confused in determining conclusions
That's a good decision, it's better to focus with just one indicator. as long as you understand and can master it, it is definitely more efficient.
#1272 - June 29, 2020, 01:09:04 PM

ariezz

  • Hero Member
  • Posts: 1048
  • Points: 5674
  • Likes Received: 112
  • Reputation: +4/-0
the use of indicators may change as long as we add indicators in our system according to the purpose of modification or add confirmation indicators for the purpose of achieving better profit targets, not to complicate the system.
#1273 - June 29, 2020, 04:30:38 PM

FardhanVx

  • Sr. Member
  • Posts: 462
  • Points: 25708
  • Likes Received: 20
  • Reputation: +1/-3
I rarely use technical indicators because I am more likely to use price patterns that are more accurate, but sometimes when needed I use 1 or 2 technical indicators.
#1274 - June 30, 2020, 02:29:18 PM

Billy Atkinson

  • Hero Member
  • Posts: 701
  • Points: 5910
  • Likes Received: 39
  • Reputation: +1/-1
adjust the use of indicators according to our understanding or trading system, do not let these indicators make us uncomfortable and seem forced to use indicators needed accuracy of simplicity and use only as needed only for example 1 or 2 pieces.
#1275 - June 30, 2020, 05:32:23 PM
Print
Pages: 1 ... 83 84 [85] 86 87 ... 154   Go Up
  1. Forex Zone - Forex Forum
  2. General Category
  3. General Forex Discussion
  4. How many indicators or only one?

Members:

0 Members and 2 Guests are viewing this topic.


How many indicators or only one? in General Forex Discussion_collapse Refresh Activity Stream (It's automatically updated) Open Activity Stream in Popup Activity:


Zoho