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How many indicators or only one? in General Forex Discussion_6825f0acc9f09

How many indicators or only one?

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Vernalta

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try When you use the indicator use the indicator that you really use a lot of people who only use the indicator as a display and fill the screen which makes it confusing you should not do this using an indicator that is only one but profitable
#1741 - July 12, 2023, 02:38:02 AM

Dyandra

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maybe you don't need to use too many indicators because using too many indicators won't be interesting and it will make it difficult for you in the future
#1742 - July 13, 2023, 04:08:44 AM

Vernalta

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For me, using 1 indicator is enough, I use the Moving Average indicator, so when you want to use it, you just have to install it when you want to set it according to your wishes, because basically using indicators is just a tool, it's different when you use different method.
#1743 - July 14, 2023, 09:18:18 AM

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How many indicators or only one? in General Forex Discussion_6803a6c52eb12
#1744 - Today at 09:49:46 PM

Dyandra

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Use of indicators Should not be done too much to reduce unwanted things because using too many indicators will make your mind divided and unable to focus with one correct method.
#1744 - July 17, 2023, 08:05:48 AM

Vernalta

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just use one indicator to be able to use the right strategy because using a lot of indicators can cause you to be confused about how to use signals for confirmation
#1745 - July 19, 2023, 07:39:14 AM

Dyandra

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I can't give an answer about how many indicators are suitable because every trader must have their own analysis and strategy using indicators but if possible the less the better
#1746 - July 20, 2023, 05:07:26 AM

fxVirtuoso7

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Hey there! When it comes to forex trading indicators, it's important not to go overboard, buddy. Using too many indicators can lead to analysis paralysis. Stick to a few reliable ones that work for you and keep things simple. Remember, quality over quantity is the name of the game!
#1747 - July 20, 2023, 06:36:49 AM

Dyandra

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it is enough to use 3 indicators maximum in this case because using indicators more than 3 or even more than 5 I think it will be too much to fill the screen and you will not be able to focus on those indications
#1748 - July 21, 2023, 04:25:10 AM

Vernalta

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Using as many indicators as it does not matter which is important or understood. How to read these indicators and get opportunities from these signals but indeed it would be nice to use the indicator you don't need too much because when you use too much what is afraid is that your focus will be divided by the many indicators called
#1749 - July 22, 2023, 01:03:22 AM

Dyandra

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using indicators is definitely unnecessary Overusing indicators to cover your MetaTrader is a mistake Because it's useless You won't be able to find valid signals when using lots of indicators
#1750 - July 23, 2023, 03:00:27 AM

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#1751 - Today at 09:49:46 PM

Vernalta

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Using the indicators, we have limitations. When you use many indicators, it doesn't matter. When you use only one or two indicators, it doesn't matter, in this case, these indicators can help you achieve consistency.
#1751 - July 24, 2023, 05:39:34 AM

Dyandra

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You shouldn't need to use the indicator too much because the function of the indicator is only as a signal setting or for indicating the most important signal between your techniques in reading charts
#1752 - July 25, 2023, 12:34:48 AM

Vernalta

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when you use indicators, you should use indicators that make you comfortable, don't use too many indicators that are not useful because it will make it more difficult for you to trade
#1753 - July 26, 2023, 03:55:49 AM

Dyandra

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The use of good indicators is actually not too much because the point is to use the indicators as tools that can help your performance get better.
#1754 - July 27, 2023, 07:35:19 AM

Vernalta

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Using that indicator It would be nice not to use too many indicators that are effective with 1 method is more important than you use many indicators. But you can not maximize the technique
#1755 - July 28, 2023, 08:18:02 AM
« Last Edit: July 28, 2023, 08:20:57 AM by Vernalta »
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