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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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Dyandra

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If you use one indicator, in my opinion that is enough, but you have to really practice the indicator and have tested it before and in my opinion that is very good.
#1846 - October 31, 2023, 03:29:02 AM

Vernalta

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It's best not to use too many indicators because the function of the indicators here is only as a tool and is not very important, the important thing is the candlestick.
#1847 - November 01, 2023, 03:41:19 AM

Ikhtiar

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I think with just one indicator you will be able to control yourself and be disciplined to become a competent trader, if you use many indicators you won't necessarily be able to be disciplined.
#1848 - November 01, 2023, 03:44:37 AM

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How many indicators or only one? in General Forex Discussion_6803a6c52eb12
#1849 - Today at 10:47:52 AM

Dyandra

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Using indicators doesn't need to be too big, it doesn't need to be too many. You can use indicators that you have studied with high accuracy, that's enough.
#1849 - November 02, 2023, 02:05:07 AM

Ikhtiar

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It's best to take the time to analyze market conditions and look for profitable opportunities with just one indicator, there's no need to use many indicators which makes it more complicated.
#1850 - November 02, 2023, 02:08:57 AM

Vernalta

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Using this indicator should not take too long, it doesn't need too much because the indicator is only a tool to find out the next upward or downward trend for the problem of perfecting techniques for opening positions using price action. In my opinion
#1851 - November 03, 2023, 01:56:38 AM

Ikhtiar

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I think it doesn't matter how many indicators you use. The most important thing is trading psychology. You need to have it so you don't rack your brain too much and use lots of indicators.
#1852 - November 03, 2023, 02:00:19 AM

Dyandra

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In my opinion, if you can use indicators that suit your needs, for example if you need a reversal then you can use stochastics or if you want to analyze trends you can use a Moving Average so just use what you need.
#1853 - November 04, 2023, 02:15:40 AM

Vernalta

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If you use indicators then only use as many indicators as necessary which you really master, you don't need to imitate other people who use so many indicators that they cover the screen, it actually makes you confused and it reflects that you are not consistent with your own knowledge.
#1854 - November 05, 2023, 02:42:59 AM

Dyandra

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Technically, using indicators is not necessary. Too many here. When we use analysis, we use something that suits our ability to use indicators, so use indicators only according to what is needed.
#1855 - November 06, 2023, 03:31:13 AM

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#1856 - Today at 10:47:52 AM

Vernalta

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In my opinion, when using an indicator, you don't need too many, up to 5 or more than 5. It's not important here, even if it's just one, but you really understand how to use Open positions using that indicator.
#1856 - November 07, 2023, 04:12:49 AM

Dyandra

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Using indicators must be used well, never use a lot of indicators which actually makes it more difficult for you to analyze and cannot be consistent.
#1857 - November 08, 2023, 06:33:42 AM

Ikhtiar

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Traders with stable emotions can trade with just one indicator, because if there are many indicators, their emotions may become unstable.
#1858 - November 09, 2023, 01:24:34 AM

Vernalta

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In my opinion, when you use indicators, choose to use indicators that are good enough for you, even if it's just one, it doesn't matter, it's important to be consistent.
#1859 - November 09, 2023, 02:07:29 AM

Dyandra

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I think using indicators is not necessary too much. The most important thing here is that using indicators must be in accordance with your abilities and is definitely used for analysis.
#1860 - November 10, 2023, 01:29:19 AM
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