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How many indicators or only one?  in General Forex Discussion_699fadb3a6d85

How many indicators or only one?

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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

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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

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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

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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

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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

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How many indicators or only one?  in General Forex Discussion_6803a6c52eb12
#1386 - Today at 03:33:19 AM

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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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