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How many indicators or only one? in General Forex Discussion_67f83ac065b44

How many indicators or only one?

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Vernalta

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Using indicators comes back to each individual's choice because in my opinion, using one indicator, 2, 3, is no problem, but you have to remember that the more indicators you use, the less effective it will be.
#1801 - September 18, 2023, 01:16:20 AM

Ikhtiar

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I don't know exactly about this, but the number of indicators you should use in trading should be adjusted to your trading strategy and personal preferences. More indicators do not necessarily mean a better strategy.
#1802 - September 18, 2023, 01:19:15 AM

Dyandra

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It's best to only use one or two indicators. In addition, what's important is that you learn how to detect patterns that occur in the market.
#1803 - September 19, 2023, 01:34:54 AM

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#1804 - Today at 12:46:41 PM

Ikhtiar

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Whatever indicators you use, the most important thing is plna trading because having a trading strategy plan is fundamental in forex trading. With a trading plan, our strategy becomes more focused, more prepared for risk, and has an affordable target.
#1804 - September 19, 2023, 01:37:56 AM

Vernalta

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What is certain is that I am more inclined to use one indicator, but even that is rare, currently I am more focused on using analysis with the graphic patterns that are formed rather than using indicators.
#1805 - September 20, 2023, 01:10:45 AM

Ikhtiar

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Sometimes there are traders who use arbitrary indicators and many indicators. of course this is not good. Consider whether several indicators provide similar signals or confirm each other.
#1806 - September 20, 2023, 01:14:18 AM

Dyandra

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When you use indicators, it would be better if you only use one or two types of indicators because using too many indicators will not make you consistent because you will confuse yourself later.
#1807 - September 21, 2023, 01:24:10 AM

Ikhtiar

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Just one is good if the training tone is continuous. No indicator is perfect and don't expect that you will make the most profit by using lots of indicators.
#1808 - September 21, 2023, 01:27:19 AM

Dyandra

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If you use indicators, I suggest you use indicators that you are familiar with, don't use too many indicators so they fill the screen
#1809 - September 22, 2023, 02:21:22 AM

Vernalta

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What I feel here is that you don't need to use too many indicators at one time because make sure that when you analyze it, you are suitable for using the indicators you have chosen.
#1810 - September 23, 2023, 03:51:51 AM

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#1811 - Today at 12:46:41 PM

Dyandra

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You don't need to use too many indicators because when you use indicators you should already understand the use of indicators well and clearly.
#1811 - September 24, 2023, 04:28:50 AM

Vernalta

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I suggest here that you must use one indicator or a maximum of 2 indicators. Too many indicators are also not good and cannot bring you true luck.
#1812 - September 25, 2023, 04:51:31 AM

Dyandra

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The use of good indicators must be used in the correct circumstances. The point here is don't use indicators that are not very important, only use indicators that you think are important and not too many
#1813 - September 26, 2023, 04:33:59 AM

Vernalta

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Using one indicator is enough, but if you don't have enough, you can use more than one, but don't use too many because the more indicators you have, the more headaches you will have.
#1814 - September 27, 2023, 04:42:25 AM

Dyandra

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You don't need to use too many indicators, the important thing is that you understand price movements, using chart patterns is enough in my opinion.
#1815 - September 28, 2023, 06:51:47 AM
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