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Are Indicators reliable?

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Are Indicators reliable? in MT4 / MT5 Indicators_xx
When  I ended my training few years ago.  My mentor advised me to focus on trading with price action ,he said that I should not absolutely depend on indicators for trading, now, I want to ask, Is it possible for a trader to be using only the  indicator for trading without any other strategy to make good profits in forex trading market?

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#1 - May 21, 2018, 11:28:11 PM

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Using trend lines and support/resistance are my favorite methods. To answer your question though, yes, it is possible to trade with only using indicators and nothing else.
#2 - May 22, 2018, 01:19:32 AM

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trading without indicators is best,   because if you are addicted with indicators, thatmeans, your subconscious mind a is  playing with you and then you response like gambler,,,,so its my advice please dont rely on indicators,,,,
#3 - June 02, 2018, 05:30:05 PM

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Every time I used indicators I ended up blowing my account.
#4 - June 02, 2018, 08:12:20 PM

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Are Indicators reliable? in MT4 / MT5 Indicators_lamp
When  I ended my training few years ago.  My mentor advised me to focus on trading with price action ,he said that I should not absolutely depend on indicators for trading, now, I want to ask, Is it possible for a trader to be using only the  indicator for trading without any other strategy to make good profits in forex trading market?
The indicator is only a tool. All use trading history that has been missed. Everything tells me the same. And as a tool we must know the usefulness and technical basis of an indicator.
#5 - February 10, 2019, 02:25:01 PM

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Are Indicators reliable? in MT4 / MT5 Indicators_xx
When  I ended my training few years ago.  My mentor advised me to focus on trading with price action ,he said that I should not absolutely depend on indicators for trading, now, I want to ask, Is it possible for a trader to be using only the  indicator for trading without any other strategy to make good profits in forex trading market?
in my opinion, maybe we will get maximum profit if we trade using indicators if we really understand how the indicators we use work.
#6 - February 10, 2019, 06:39:21 PM

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Are Indicators reliable? in MT4 / MT5 Indicators_xx
When  I ended my training few years ago.  My mentor advised me to focus on trading with price action ,he said that I should not absolutely depend on indicators for trading, now, I want to ask, Is it possible for a trader to be using only the  indicator for trading without any other strategy to make good profits in forex trading market?
maybe, it comes from Luck,
but in my opinion personally, it's like riding a motorcycle without knowing the direction of the destination. finally it can get lost during an accident. So from that indicator is very important, it is the goal to determine the direction of the market. and make it easier for us to make decisions.
#7 - February 11, 2019, 12:26:40 AM

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Are Indicators reliable? in MT4 / MT5 Indicators_xx
When  I ended my training few years ago.  My mentor advised me to focus on trading with price action ,he said that I should not absolutely depend on indicators for trading, now, I want to ask, Is it possible for a trader to be using only the  indicator for trading without any other strategy to make good profits in forex trading market?
no sir

in trading indicators and techniques only as a means to know where the market direction will move but it cannot be said that the market must move in the direction we have headed
#8 - February 11, 2019, 12:34:02 AM

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Using trend lines and support/resistance are my favorite methods. To answer your question though, yes, it is possible to trade with only using indicators and nothing else.
this is your experience, maybe it can be conveyed to the accuracy of the results if only relying on indicators alone
#9 - February 11, 2019, 12:35:35 AM

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trading without indicators is best,  because if you are addicted with indicators, thatmeans, your subconscious mind a is  playing with you and then you response like gambler,,,,so its my advice please dont rely on indicators,,,,
I agree with what you say

so you should also know that the indicator is only a tool
#10 - February 11, 2019, 12:36:58 AM

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Every time I used indicators I ended up blowing my account.
is there something wrong with how you apply the indicator so that your account ends?
#11 - February 11, 2019, 12:38:28 AM

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The indicator is only a tool. All use trading history that has been missed. Everything tells me the same. And as a tool we must know the usefulness and technical basis of an indicator.
so true

we must also recognize market movements without indicators
#12 - February 11, 2019, 12:40:07 AM

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in my opinion, maybe we will get maximum profit if we trade using indicators if we really understand how the indicators we use work.
but this must also be based on knowing the trading room
#13 - February 11, 2019, 12:41:59 AM

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maybe, it comes from Luck,
but in my opinion personally, it's like riding a motorcycle without knowing the direction of the destination. finally it can get lost during an accident. So from that indicator is very important, it is the goal to determine the direction of the market. and make it easier for us to make decisions.

the core that you convey is only limited to knowing the direction of the goal

which means if there is no direction we will get lost
#14 - February 11, 2019, 12:44:03 AM

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maybe what is meant by using price action techniques ... such as supply and support, support and resistance is also in my opinion enough
#15 - February 11, 2019, 01:47:47 AM

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