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Which is better, simple indicators or complex trading tools?

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In forex trading, traders are sometimes faced with a choice of trading methods, perhaps some have tried various indicators but have not found a suitable one or are inconsistent in applying them. Then look for complex trading tools that appear on charts full of indicators.

Each trader may have their own way, when I trade using Ticktrader FXOpen UK I prefer simple trading with only a few indicators such as BB, RSI, MA, candlestick patterns, and price action. I once tried using complicated indicators when I was still using MT4 but it only made responding slow and interfered with order execution so I chose simple trading.

#1 - February 21, 2024, 11:34:58 PM


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