Forex Zone - Forex Forum

using or not using indicators, which one is better? in General Forex Discussion_68922e7c602bf

using or not using indicators, which one is better?

Discussion started on General Forex Discussion

  • Hero Member
  • Posts: 68342
  • Points: 745
  • Likes Received: 100
  • Reputation: +18/-46
I understand better not to use indicators. I understand better to always use manual techniques or in this case prices action. In my opinion, using indicators is less valid for determining open positions.
#886 - December 17, 2023, 04:29:50 AM

  • Hero Member
  • Posts: 66356
  • Points: 686
  • Likes Received: 58
  • Reputation: +53/-46
In my opinion, using indicators is better, but you have to remember that when you use indicators, you have to use really appropriate indicators so that you can get big profits and you can get effective results.
#887 - December 20, 2023, 04:05:19 AM

VIP
  • Hero Member
  • Posts: 20076
  • Points: 2608
  • Likes Received: 418
  • Reputation: +4/-0
If you have the ability to read candles, then I suggest that you delete the indicators in your chart and purely use candle patterns, because I see that more traders are successful in trading without using indicators.
#888 - December 20, 2023, 10:40:13 PM

Sponsored

using or not using indicators, which one is better? in General Forex Discussion_6803a6c52eb12
#889 - Today at 10:48:45 PM

  • Hero Member
  • Posts: 66356
  • Points: 686
  • Likes Received: 58
  • Reputation: +53/-46
Whether you use indicators or not is the problem here, which one do you like? If you are comfortable using indicators, then you should just use indicators. If you really want to use price action, then just use that, so if you can, use one so you don't get confused.
#889 - December 23, 2023, 03:19:48 AM

  • Hero Member
  • Posts: 68342
  • Points: 745
  • Likes Received: 100
  • Reputation: +18/-46
I again recommend not using indicators if you are already used to using candlesticks because in my opinion using indicators sometimes cannot be used as a benchmark for opening a good position.
#890 - December 25, 2023, 04:48:00 AM

  • Hero Member
  • Posts: 66356
  • Points: 686
  • Likes Received: 58
  • Reputation: +53/-46
Using the indicator will definitely have a positive impact on you, but in my opinion here you also have to be sure that using the indicator must be clear and not using the indicator you must also be able to learn so that these two sides can make you successful.
#891 - December 28, 2023, 12:54:30 AM

  • Hero Member
  • Posts: 68342
  • Points: 745
  • Likes Received: 100
  • Reputation: +18/-46
Using this indicator is indeed better and more comfortable so you can use it easily, but sometimes we need manual techniques to be able to carry out analysis such as support resistance
#892 - December 29, 2023, 01:06:21 AM

  • Hero Member
  • Posts: 66356
  • Points: 686
  • Likes Received: 58
  • Reputation: +53/-46
I am sure that using indicators is indeed important and good, but you also have to be able to learn how to use prices action because that is more important because using price action will contain elements of how to apply positions correctly.
#893 - December 30, 2023, 02:47:46 AM

  • Hero Member
  • Posts: 68342
  • Points: 745
  • Likes Received: 100
  • Reputation: +18/-46
I'm sure using indicators is better, but you also have to know that using indicators is always too late. It would be wiser for you to use indicators and also use price action well.
#894 - December 31, 2023, 04:22:11 AM

  • Hero Member
  • Posts: 66356
  • Points: 686
  • Likes Received: 58
  • Reputation: +53/-46
I prefer not to use indicators but if you like using indicators that's fine, it all depends on ourselves. Everyone has different opinions, just do what you believe and what you have learned.
#895 - January 02, 2024, 07:26:05 AM

Sponsored

#896 - Today at 10:48:45 PM

  • Hero Member
  • Posts: 68342
  • Points: 745
  • Likes Received: 100
  • Reputation: +18/-46
I can't comment. In my opinion, using indicators or not is both good and can both make money depending on your ability and comfort in analysis, so make sure you use something that you are really good at.
#896 - January 04, 2024, 03:01:19 AM

  • Hero Member
  • Posts: 66356
  • Points: 686
  • Likes Received: 58
  • Reputation: +53/-46
What is certain is that at this time I prefer not to use indicators. I prefer to use price action.  I prefer to draw areas with support resistance or with supply requests, it's more comfortable for me at the moment, it's not that I don't want to use indicators, but I'm more comfortable using them.
#897 - January 05, 2024, 07:58:48 AM

  • Hero Member
  • Posts: 68342
  • Points: 745
  • Likes Received: 100
  • Reputation: +18/-46
I suggest that when you are still a beginner, use indicators. If you don't use indicators, later you will end up confused, then you can proceed gradually until you can really master price action.
#898 - January 08, 2024, 07:26:44 AM

  • Hero Member
  • Posts: 66356
  • Points: 686
  • Likes Received: 58
  • Reputation: +53/-46
In my opinion, using indicators is something that helps us so that we can easily get consistent results using indicators or not. It depends on your ability in analysis. You should use indicators if your skills are not yet up to par.
#899 - January 12, 2024, 03:26:45 AM

  • Hero Member
  • Posts: 68342
  • Points: 745
  • Likes Received: 100
  • Reputation: +18/-46
In my opinion, using indicators or not is not a complicated problem. Using indicators or not will have a significant impact on you so that you can be successful manually with your own techniques.
#900 - January 15, 2024, 01:03:43 AM

Members:

0 Members and 2 Guests are viewing this topic.



Elementor Website Builder