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Forex Zone - Forex Forum
General Category
General Forex Discussion
How many indicators or only one?
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How many indicators or only one?
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Re: How many indicators or only one?
changerfx
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Posts: 289
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I as a beginner trader only use three indicators besides support and resistance, bro, but use these three indicators after really understanding the support and resistance, without being able to understand them it will be difficult to use the indicators on the market chart. use it as a basic technique to analyze prices before deciding on entry
#1381
- October 28, 2021, 11:00:38 PM
Re: How many indicators or only one?
sutarno55
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I trade with 4 indicators to determine my analysis to be more confident. the use of indicators to analyze more accurately and indeed there is a lack of indicators that I use. That's why I use 4 indicators to cover each other's shortcomings. If I use 2 indicators, I have indeed done it but the accuracy of my analysis is still lacking so I add 2 more to complete it.
#1382
- October 28, 2021, 11:01:32 PM
Re: How many indicators or only one?
bolami
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I'm lazy to use a lot of indicators because they can make me confused in analyzing. actually the main one I use 2 indicators and the other 2 to complete it and sometimes it doesn't work.
#1383
- October 28, 2021, 11:02:55 PM
Re: How many indicators or only one?
traderpro
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I personally play and practice on a new Demo account trying to use the RSI and Moving Average indicators because they are easy to understand and commonly used by traders, especially novice traders.
#1384
- October 28, 2021, 11:03:53 PM
Re: How many indicators or only one?
Bagaskara54
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Actually, many indicators are recommended by fellow mentors in trading, for example MACD, Stochastic and without analysis/indicators are also recommended to try in order to train our intuition when reading candle sticks on the chart. this is important in my opinion in order to increase our knowledge and experience and compare the indicators we use and we try which one is more hockey and in accordance with our trading style..
#1385
- October 28, 2021, 11:06:02 PM
Re: How many indicators or only one?
Sponsored
#1386
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Today
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Re: How many indicators or only one?
xonxon
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I think this depends on the comfort of each of us, because some like and are comfortable using many indicators, and some are even comfortable not using indicators.
#1386
- October 29, 2021, 06:54:55 AM
Re: How many indicators or only one?
traderpro
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the more you use the indicator the more dizzy you will read the price, sometimes one indicator says buy and one indicator says sell then that's when you will be dizzy.
#1387
- October 31, 2021, 12:32:31 PM
Re: How many indicators or only one?
T34
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I am the type of trader who prefers to use only one indicator for tarding, this so that I am not too confused in taking a good entry decision, because trading must be quick to think
#1388
- November 01, 2021, 01:20:33 AM
Re: How many indicators or only one?
T34
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I think the use of indicators should be adjusted to our comfort, for me when we are comfortable the results will be maximal, but if I myself only use one or two indicators for trading
#1389
- November 06, 2021, 11:30:44 PM
Re: How many indicators or only one?
Bagaskara54
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If you enter more than three Indicators into your chart then you might get dizzy, so it's better to use only one indicator.
#1390
- November 07, 2021, 09:24:23 PM
Re: How many indicators or only one?
Dancow
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using indicators should be adjusted to our convenience, because if we are comfortable it will generate the appropriate profit, so determine our convenience and adjust it, no need to follow what other people use
#1391
- November 11, 2021, 05:12:09 AM
Re: How many indicators or only one?
Constant
Sr. Member
Posts: 304
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indicators will indeed be easy for you to do when you really can't use them well, therefore, in my opinion, don't use too many indicators, just one or two, the important thing is that you can use them effectively
#1392
- November 11, 2021, 06:07:17 AM
Torroco
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Re: How many indicators or only one?
Martabak
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I prefer to use only a few indicators, meaning maybe only one or two, and I think this makes me less confused when I enter, so I will be more comfortable
#1393
- November 23, 2021, 11:28:34 PM
Re: How many indicators or only one?
self
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using indicators do not need too many important things you can use to get the maximum that is enough So you must know how to use indicators that match what you are using
#1394
- November 29, 2021, 11:43:42 PM
Re: How many indicators or only one?
Rincoff
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Points: 1515
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for me, the more indicators we will use, it will make us confused in deciding which transaction to use, so use it sparingly, so we don't feel confused.
#1395
- November 30, 2021, 01:29:02 AM
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How many indicators or only one?
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