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

  • Hero Member
  • Posts: 4049
  • Points: 4
  • Likes Received: 260
  • Reputation: +5/-2
Good indicators are posted that are not used too much because when you use too many indicators it means you are not sure of the indicators you are using, therefore you must be able to master only one indicator that can help you in terms of analyzing that is enough.
#1396 - November 30, 2021, 12:40:01 PM

  • Full Member
  • Posts: 206
  • Points: 721
  • Likes Received: 0
  • Reputation: +0/-0
I use two indicators and both can be combined, if there are too many indicators it will make us confused.
#1397 - November 30, 2021, 10:15:13 PM

  • Hero Member
  • Posts: 4049
  • Points: 4
  • Likes Received: 260
  • Reputation: +5/-2
you should only have two because when you have more than two indicators that you are afraid of, you will not focus so it is better if you use two indicators that are very important for you to use as your analysis is more effective for you.
#1398 - November 30, 2021, 11:39:07 PM

  • Hero Member
  • Posts: 4049
  • Points: 4
  • Likes Received: 260
  • Reputation: +5/-2
A good indicator for him is an indicator that is usually used to analyze, therefore, choose a good indicator, just one does not need to be too much because one indicator is enough.
#1399 - December 02, 2021, 10:02:13 PM

  • Hero Member
  • Posts: 2224
  • Points: 7991
  • Likes Received: 140
  • Reputation: +6/-1
There are custom indicators created by the community that already had one package indicator, a combination of some indicators, and created on one template to easier to plot on the chart, something that makes annoying use complex indicators is they make the mt4 platform being slow responding.
#1400 - December 02, 2021, 10:15:30 PM

Sponsored

How many indicators or only one?  in General Forex Discussion_6803a6c52eb12
#1401 - Today at 03:33:19 AM

  • Hero Member
  • Posts: 4506
  • Points: 1946
  • Likes Received: 389
  • Reputation: +10/-5
the use of indicators is not too many the most important thing is when you use one indicator you can also get profit so it all depends on how you use it not on how many indicators you use
#1401 - December 07, 2021, 02:10:49 AM

  • Hero Member
  • Posts: 2360
  • Points: 2
  • Likes Received: 200
  • Reputation: +4/-0
for the indicator problem, it's better not to have too many, just three, in my opinion, it's not always used, all using a lot of indicators, it's actually not effective for this trading because the second indicator is a tool
#1402 - December 09, 2021, 02:44:44 AM

  • Full Member
  • Posts: 111
  • Points: 11
  • Likes Received: 0
  • Reputation: +0/-0
I always use only one indicator or a maximum of two, because for me the more indicators we use, the more confused we will be in making transactions
#1403 - December 09, 2021, 06:19:47 AM

  • Hero Member
  • Posts: 4322
  • Points: 2127
  • Likes Received: 247
  • Reputation: +20/-15
I always use two indicators named in Fibonacci, the second is using moving averages. That's all because I think I use Fibonacci retracements. I find it easier to open a position in the price area
#1404 - December 09, 2021, 06:45:17 AM

  • Sr. Member
  • Posts: 471
  • Points: 102
  • Likes Received: 2
  • Reputation: +0/-5
it will be easier of course to run a trade with only one or a few indicators, not too many because it can cause losses due to confusion
#1405 - December 09, 2021, 10:51:08 AM

  • Hero Member
  • Posts: 4049
  • Points: 4
  • Likes Received: 260
  • Reputation: +5/-2
the use of indicators must be in accordance with what you are going to do, therefore the indicators that are important for that must be in accordance with what you can we only two or three maybe only one or two
#1406 - December 09, 2021, 11:06:38 AM

  • Hero Member
  • Posts: 2600
  • Points: 165
  • Likes Received: 193
  • Reputation: +1/-0
indicators that play well are indicators that can predict the direction of prices So you have to know how to make it all in an easy way so you can use just one
#1407 - December 13, 2021, 05:30:58 AM

  • Hero Member
  • Posts: 2360
  • Points: 2
  • Likes Received: 200
  • Reputation: +4/-0
You don't need to use too many indicators. Just two, namely indicators that are in the trend and indicators that are to determine the saturation point, that's enough or you can just use candlesticks in my opinion, it's better.
#1408 - December 14, 2021, 09:24:23 PM

  • Full Member
  • Posts: 141
  • Points: 661
  • Likes Received: 0
  • Reputation: +0/-0
One is enough, but you have to really master the indicator, if I myself have been trading more without using indicators.
#1409 - December 15, 2021, 11:36:33 PM

  • Hero Member
  • Posts: 2360
  • Points: 2
  • Likes Received: 200
  • Reputation: +4/-0
I don't think you need too much because when you use too many indicators it will make it difficult for yourself. Be someone who is able to do good things in the trading world so that you understand how to use them by using simple indicators.
#1410 - December 15, 2021, 11:38:04 PM

Members:

0 Members and 1 Guest are viewing this topic.



Elementor Website Builder