How many indicators or only one?

Posts: 1161 · #1306 - July 12, 2021, 11:23:58 AM

for me more and more indicators to be used will make us confused because all indicators certainly provide a different picture

Posts: 94 · #1307 - July 17, 2021, 11:29:30 PM

I use 2-3 indicators according to my needs because I lack confidence if indicator one is not confirmed by other indicato

Posts: 9575 · #1308 - July 18, 2021, 01:07:16 AM

The indicators we choose should be indicators that synergize or complement each other in helping our analysis, for example we use moving averages and stochastics, moving averages to determine the current trend, and stochastics to determine whether prices have experienced saturation, so we can determine open buy or sell positions more accurately

Posts: 844 · #1309 - July 18, 2021, 03:13:18 AM

y opinion using i Don't use too many indicators, just use what you think is easy because I know a lot of people like to use a lot of indicators, eventually they confuse themselves.

Posts: 262 · #1310 - July 18, 2021, 09:17:46 AM

I only use MA and also the candle pattern, it will be more comfortable, simple and accurate of course.

Posts: 691 · #1311 - July 18, 2021, 04:47:53 PM

using indicators is actually unlimited how much, because each trader has their own views and trading systems, but sometimes the excessive use of indicators can also make us confused and dizzy ourselves, my advice is to use enough maximum 3 indicators with different functions

Posts: 361 · #1312 - July 19, 2021, 07:19:06 AM

because I don't use indicators I don't know for sure Maybe 1 it's enough because in my opinion most indicators are the same in essence to determine the direction of the next trend, convey up, whether it is down, is it sideway and so on

Posts: 677 · #1313 - July 29, 2021, 01:01:00 PM

two alone is enough or not at all can also, because it all depends on your analytical ability if your analysis is good, then all of it can be solved well without using any indkator

Posts: 9575 · #1314 - July 29, 2021, 01:03:26 PM

If we are a technical trader, indeed in trading we are assisted by indicators when conducting market analysis, I agree in analyzing the market we combine existing indicators, but don't combine many indicators because if you combine too many indicators then we will have trouble ourselves when we want to make transactions. It will be more effective and efficient if we only combine a few indicators, I think take only 2-3 indicators.

Posts: 1214 · #1315 - July 30, 2021, 03:21:36 PM

I prefer to use one indicator, because it doesn't make me confused when deciding to do an entry, because more and more indicators will make us confused

How many indicators or only one? in General Forex Discussion_profilepic10054036_2

How many indicators or only one? in General Forex Discussion_profilepic10054036_2

Posts: 1046 · #1316 - July 30, 2021, 07:34:43 PM

using indicators is optional because using or not actually you can also profit so it is better for this problem you have to understand how to use it and you should be able to master several different indicators

Posts: 844 · #1317 - August 03, 2021, 12:52:25 AM

even though you use a lot, it doesn't matter what is important that you are comfortable. The point in trading is convenience because if you are comfortable using a technique then you will feel enthusiastic in forex trading, there is no coercion. You have to use what indicators are important you are good at analyzing

Posts: 262 · #1318 - August 03, 2021, 02:31:04 AM

I can't use multiple indicators. That's why I only use one indicator

Posts: 237 · #1319 - August 10, 2021, 07:52:34 PM

the use of indicators every trader must be different there are using many indicators there are also only a few indicators, all of it does not matter as long as we know where we put it so my advice you should use according to your ability only

Posts: 61 · #1320 - August 11, 2021, 08:36:13 AM

For proper technical analysis, you don't have to use complicated or too many indicators, with the help of simple indicators you can also make accurate analysis. indicators are actually just tools and the trader's mind is the right guide.

How many indicators or only one?

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