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Forex Zone - Forex Forum
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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?
Dyandra
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What is certain is that only one or two indicators are used because using indicators is only a tool to help determine open positions, yes, you are waiting for momentum
#1786
- September 01, 2023, 08:08:36 AM
Re: How many indicators or only one?
Vernalta
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You probably don't need to use the indicator too much because the indicator won't really get anything good, so you just focus on memorizing patterns.
#1787
- September 02, 2023, 07:46:17 AM
Re: How many indicators or only one?
Dyandra
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You don't need to use too many indicators to fill the screen because that would be useless. What's important is your understanding of price movements to open positions.
#1788
- September 03, 2023, 08:19:27 AM
Re: How many indicators or only one?
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Re: How many indicators or only one?
Vernalta
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If you use indicators, you should only use one or two indicators because when you use many indicators or more than 2 it will actually confuse you.
#1789
- September 05, 2023, 03:49:32 AM
Re: How many indicators or only one?
Dyandra
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You should not use too many indicators in one open position because when you use too many indicators you are afraid that later you will not focus on using these indicators.
#1790
- September 06, 2023, 03:44:46 AM
Re: How many indicators or only one?
Vernalta
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using indicators is not the same as using lots of indicators because in my opinion the more indicators the more difficult it is for you to develop the potential of the method
#1791
- September 07, 2023, 04:08:30 AM
Re: How many indicators or only one?
Dyandra
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I can't say for sure how many indicators are appropriate to use, but each person certainly has a different method, but if possible, don't use too many.
#1792
- September 08, 2023, 04:17:48 AM
Re: How many indicators or only one?
Vernalta
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Using only one or two indicators is enough because when you have more than two you won't be able to be consistent because later you will find it difficult to use the indicator signals yourself.
#1793
- September 09, 2023, 04:08:51 AM
Re: How many indicators or only one?
Dyandra
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It's best not to use too many indicators, but also to use fewer indicators because their function is only to help you.
#1794
- September 10, 2023, 07:36:50 AM
Re: How many indicators or only one?
Yengoc
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I recommend always using one indicator, it doesn't matter, the important thing is that the indicator is a good way to do your trading quickly and you also don't need to use too many indicators because it will also be very risky.
#1795
- September 11, 2023, 08:19:55 AM
Re: How many indicators or only one?
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Re: How many indicators or only one?
Dyandra
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My advice is that when you use indicators, don't use too many unimportant indicators and don't use more than two because if you use too many indicators, it will be difficult for you.
#1796
- September 13, 2023, 12:34:35 AM
Re: How many indicators or only one?
Vernalta
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If you use indicators, you should only use the indicators you need. If you can only use one, use one. If you can use 2, use 2. The important thing is not too many.
#1797
- September 14, 2023, 01:16:33 AM
Re: How many indicators or only one?
Dyandra
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Frankly, I only use one indicator, but when I use more than one indicator it is the same indicator, for example I use a Moving Average period of 10, 20 or 30. In my opinion, it doesn't matter what is important is one indicator.
#1798
- September 15, 2023, 12:54:08 AM
Re: How many indicators or only one?
Vernalta
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I prefer that when you use the indicator only as a tool, then you have to be able to determine the trend for yourself using manual tools such as a trendline or using support resistance, so in my opinion using one indicator is enough.
#1799
- September 16, 2023, 01:12:53 AM
Re: How many indicators or only one?
Dyandra
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When you use any number of indicators, it is important that you understand how to use them to find Open positions because the most important thing here is to use indicators to determine the correct Open position point.
#1800
- September 17, 2023, 02:02:53 AM
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How many indicators or only one?
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