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Are Indicators reliable?

Discussion started on MT4 / MT5 Indicators

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:-*in my opinion the indicators are not accurate. unless the market syndicate is very suitable for the use of indicators ...
#16 - February 11, 2019, 02:36:22 AM

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but this must also be based on knowing the trading room
Yes, exactly. then we must understand the market and understand how indicators work.

 
#17 - February 11, 2019, 05:05:44 AM

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:-*yes we have to try over and over again the indicator ..
My advice is try it on a demo account first
.
#18 - February 11, 2019, 05:19:10 AM

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:-*yes we have to try over and over again the indicator ..
My advice is try it on a demo account first
.
yes, it's true like that. by trying repeatedly we will know how the indicator works.

 
#19 - February 11, 2019, 06:06:50 AM

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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?
by using support and resistance techniques everything is possible. because this technique does not require an indicator. just foresight of the eyes. and the lines are in line
#20 - February 11, 2019, 06:13:32 AM

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by using support and resistance techniques everything is possible. because this technique does not require an indicator. just foresight of the eyes. and the lines are in line
yes, it's true like that. but in determining strong support and resistance that must be very careful.
#21 - February 11, 2019, 06:53:22 AM

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yes, it's true like that. but in determining strong support and resistance that must be very careful.
how to determine good and correct support and resistance?
#22 - February 11, 2019, 06:55:02 AM

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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?
very likely we make money only with one indicator, provided we can master all the knowledge in that indicator, because each indicator has its advantages and disadvantages. My advice is better to use just one indicator and you practice continuously
#23 - February 11, 2019, 10:16:39 AM

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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?
think if we understand the trading system, we can only rely on our trading system in the world of forex. because of the professional traders, of course they also use the flagship indicator in trading even though they also have a number of other things that we may not know, but believe there have been a lot of forex traders who have succeeded by relying on their trading systems, but of course with trials that have been done before.
#24 - February 11, 2019, 10:18:43 AM

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how to determine good and correct support and resistance?
I don't understand too, but some say that support and resistance are strong if there are a lot of price reflections in that area.
#25 - February 11, 2019, 11:04:44 AM

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I don't understand too, but some say that support and resistance are strong if there are a lot of price reflections in that area.
sometimes like to reverse direction or be broken at its resistance support.
#26 - February 11, 2019, 11:43:07 AM

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sometimes like to reverse direction or be broken at its resistance support.
this is what we must understand correctly. sometimes the price seems to be reversing in those areas but what happens is penetrating. therefore, we must be more careful in determining strong support and resistance so as not to be deceived by false signs.
#27 - February 11, 2019, 11:48:55 AM

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So, back to yourself, adjust to the trading style that you like. Do you want to use indicators or not? Is that a suitable technique for you? if not, look for a technique that is comfortable with yourself, do not stick to the advice of others.
#28 - February 11, 2019, 12:05:51 PM

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this is what we must understand correctly. sometimes the price seems to be reversing in those areas but what happens is penetrating. therefore, we must be more careful in determining strong support and resistance so as not to be deceived by false signs.
you are right. I am also often mistaken. I have bought it. The market actually sells. all need patience
#29 - February 11, 2019, 12:25:36 PM

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So, back to yourself, adjust to the trading style that you like. Do you want to use indicators or not? Is that a suitable technique for you? if not, look for a technique that is comfortable with yourself, do not stick to the advice of others.
yup, that's for sure. Our indicators are used as our tools in analyzing markets, not as determinants of entry.
#30 - February 11, 2019, 12:28:45 PM

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