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Indicators are reliable but

sopranoberidze
Jul 01 at 12:10
8 posts
How do you use them to identify trades? I try using indicator but there were too many fake signals

Tremblay
Jul 01 at 16:39
330 posts
sopranoberidze posted:
How do you use them to identify trades? I try using indicator but there were too many fake signals

Yes. I agree with you.

Elena Triston (ele020)
Jul 02 at 07:24
219 posts
sopranoberidze posted:
How do you use them to identify trades? I try using indicator but there were too many fake signals

less is always more,, use limited indicators depending upon the strategy.

The more your practice, the more you learn.
lilliemorris
Jul 05 at 07:27
15 posts
There are thousands of indicators available online. Knowing which one to use itself requires a lot of knowledge and understanding. I have seen many people using a number of indicators running in their trading window. I would always prefer to go with one single indicator along with your own speculation skills. Indicators are finally just algorithms that work based upon the input parameters.

Akasuki
Jul 06 at 13:50
248 posts
@lilliemorris Yes to find the right indicator is not an easy task. One needs to do a lot of trail and experiments to find the right indicator for him.

marshallbuchanan
Jul 07 at 04:41
15 posts
Indicators are just an added source of information to help you understand various trends of the market and make a better investment decision. You cannot completely rely on them. Doing your own research is also important.

UweMoench
Aug 02 at 12:19
547 posts
@marshallbuchanan Yes indicators are not everything. It is just the tool that helps u to understand about price charts. Decison making is the most important part.

Marraby
Aug 25 at 18:35
43 posts
Of course we can't be hundred percent sure about the price movement, nevertheless indicators and oscillators can help us to approach to the most possible option of exit from a deal, you know. I mean that indicators can be very helpful for those traders who really know how to use them and how to make money due to them. Well, I agree that there is no one hundred percent possibility that you win a particular trade, however they really can help you to win. Moreover, indicators shouldn't be used by rookies mainly because it's kinda difficult for them to use them. The have to know all the peculiarities of using indicators.

Unellene
Sep 12 at 13:37
213 posts
not all indicators will help you in trading, there are options that work poorly or do not work at all

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