Forex Zone - Forex Forum

How many indicators or only one?  in General Forex Discussion_699f63db47cb2

How many indicators or only one?

Discussion started on General Forex Discussion

  • Full Member
  • Posts: 242
  • Points: 47
  • Likes Received: 14
  • Reputation: +0/-0
for the problem of indicators, of course we must know that what we are using is a good indicator for us, so it's best not to have too many indicators, just enough in your opinion is good of all
#1351 - October 08, 2021, 10:49:47 PM

  • Full Member
  • Posts: 225
  • Points: 0
  • Likes Received: 19
  • Reputation: +0/-0
Good indicators are indicators that can be used for some time because indeed using some indicators is very important for us to use them as best we can to analyze well that way we will be easy to do whatever makes us good
#1352 - October 12, 2021, 10:28:52 PM

  • Sr. Member
  • Posts: 269
  • Points: 6
  • Likes Received: 5
  • Reputation: +0/-0
Many people fail to trade when using indi, because it's not the fault of the individual, but they can't use the index. For example, you often see that Person A uses Indi X, Person B also uses Indi X, but Person A continues to profit, while Person B continues to be MC. even though the market is the same right? only person A knows how to use the indi, person B just follows or doesn't understand
#1353 - October 12, 2021, 10:40:01 PM

  • Jr. Member
  • Posts: 63
  • Points: 568
  • Likes Received: 0
  • Reputation: +0/-0
So we don't have to use a lot of indicators. It means that one or two indicators is enough. So what indicators are simple and easiest to understand according to you guys, please enlighten me, you know I just joined and want to learn as much as possible from all of you
#1354 - October 12, 2021, 10:40:41 PM

  • Hero Member
  • Posts: 619
  • Points: 184
  • Likes Received: 8
  • Reputation: +0/-0
Why become a victim of indicators? because you don't understand what the status indicator is used for. What is clear, the indicator is formed because of historical price movements. Indicators never go wrong
#1355 - October 12, 2021, 10:42:09 PM

Sponsored

How many indicators or only one?  in General Forex Discussion_6803a6c52eb12
#1356 - Today at 01:25:23 AM

  • Sr. Member
  • Posts: 456
  • Points: 1017
  • Likes Received: 3
  • Reputation: +0/-0
In my opinion, whether you want to use a lot of indicators or not depends on each trader... because indicators are just a tool.. what is important in using indicators is that we must know what is calculated from the indicator.
#1356 - October 12, 2021, 10:43:31 PM

  • Sr. Member
  • Posts: 256
  • Points: 6
  • Likes Received: 14
  • Reputation: +1/-0
a good indicator for you to use is no more than 3 because in my opinion when you use more than three indicators then you will not be able to get results that match what you are using so you should be able to refrain from using a lot of indicators that are not important
#1357 - October 12, 2021, 10:43:56 PM

  • Sr. Member
  • Posts: 287
  • Points: 1
  • Likes Received: 16
  • Reputation: +1/-0
a good indicator is an indicator that can be used as a good analysis tool, you can use several indicator tools so that you can be satisfied using these indicators
#1358 - October 14, 2021, 10:24:01 AM

  • Jr. Member
  • Posts: 97
  • Points: 7
  • Likes Received: 0
  • Reputation: +0/-0
in my opinion the more indicators we will use it will actually make us confused in determining or making the right decision, so as much as possible a little we use indicators
#1359 - October 14, 2021, 11:40:50 AM

  • Sr. Member
  • Posts: 269
  • Points: 6
  • Likes Received: 5
  • Reputation: +0/-0
It must be remembered that the many indicators that we use cannot be the main benchmark for analysis or trading, we can continue to earn profits
#1360 - October 14, 2021, 10:22:27 PM

  • Jr. Member
  • Posts: 63
  • Points: 568
  • Likes Received: 0
  • Reputation: +0/-0
Most of these indicators will not be useful for our trading type, but some may actually be very necessary for our trading type. Trying to find which indicator works best for us is the most important thing we need to help our forex trading.
#1361 - October 14, 2021, 10:23:06 PM

  • Sr. Member
  • Posts: 456
  • Points: 1017
  • Likes Received: 3
  • Reputation: +0/-0
we've heard the term 'analysis that cripples this is the time when we use too many indicators so we will never start trading because we are always waiting for all of these indicators to match our trading strategy at the same time
#1362 - October 14, 2021, 10:23:57 PM

  • Hero Member
  • Posts: 619
  • Points: 184
  • Likes Received: 8
  • Reputation: +0/-0
Some traders don't even use indicators at all, most only use a maximum of two or three indicators.
#1363 - October 14, 2021, 10:24:43 PM

  • Sr. Member
  • Posts: 287
  • Points: 1
  • Likes Received: 16
  • Reputation: +1/-0
Don't use too many indicators because if you do too much then the results will not be effective for that you have to understand the procedure for using this indicator well, don't use too many indicators
#1364 - October 14, 2021, 10:26:14 PM

  • Full Member
  • Posts: 100
  • Points: 0
  • Likes Received: 0
  • Reputation: +0/-0
it is better to use just enough indicators, not too many so that we are not confused in determining the action we must take, and our decisions can be fast and accurate
#1365 - October 14, 2021, 11:15:25 PM

Members:

0 Members and 1 Guest are viewing this topic.



Elementor Website Builder