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Indicators are useless
forex_trader_2245163
Mar 15, 2021からメンバー
6 投稿
Aug 30, 2021 at 07:07
No more indicators. They don' work.
Now, just looking at "cycle" waves that are up/down.
$4 to $100 goal.
Now, just looking at "cycle" waves that are up/down.
$4 to $100 goal.
Mar 17, 2021からメンバー
494 投稿
Aug 30, 2021 at 08:38
Nutty32 posted:
No more indicators. They don' work.
Now, just looking at "cycle" waves that are up/down.
$4 to $100 goal.
Yes. Most of the indicators are useless.
forex_trader_2245163
Mar 15, 2021からメンバー
6 投稿
Aug 30, 2021 at 08:57
SteveHanks posted:Nutty32 posted:
No more indicators. They don' work.
Yes. Most of the indicators are useless.
It used to be that Elliot Waves were real popular. Now it seems most have abandoned that also.
Jul 20, 2020からメンバー
385 投稿
Aug 31, 2021 at 06:53
Indicators are lagging for the most part and that means the edge you get from the diminishes sharply. It is hard to gauge in different market conditions too what some may do
Jun 12, 2021からメンバー
132 投稿
Sep 01, 2021 at 08:43
sometimes most of the indicators works to fail because there is no one who can predict the real faction of this market with certainly and there is nothing 100%.
Sep 01, 2021からメンバー
8 投稿
Sep 01, 2021 at 11:27
I like ATR that is a good indicator. Not to make trading decisions but to stop you going into markets that are 'dead'
Sep 01, 2021 at 12:01
Do NOT use indicators to predict price movement, but use all indicators you find useful to understand/see things more clearly and to confirm your BIAS of movement.
Then look for price action signals to determine entry positions and there you go!
Then look for price action signals to determine entry positions and there you go!
Sep 02, 2021 at 06:34
Nutty32 posted:
No more indicators. They don' work.
Now, just looking at "cycle" waves that are up/down.
$4 to $100 goal.
I have stopped using indicator since 2017. I only use Price Action, Candle Stick pattern, Fibonacci retracement. I agree on the note that indicators do not work in the Forex market. Some traders may know how to make them work. However, I could not find out how to make them work for me though.
Sep 04, 2021 at 05:56
@Tradextol People depend on indicators because that's how they been taught forex trading. They do not try to do anything new to improve their skills.
Jun 14, 2021からメンバー
27 投稿
Sep 06, 2021 at 10:27
Indicators are not completely useless, they can really help you in making the right trading decision. I think in trading, it all boils down to the fact that everyone has their own preferences. Some find one tool easy to use and others find some other tool easy. It is much about how well you use a tool rather than how useful a tool is.
Sep 12, 2021 at 23:35
There is so many indicators in forex business, its created by a different expert, so each indicator has own advantage and disadvantage this is not useless creation, because help some traders to make decision trading, but indeed not all indicator are good, there are indicator repaint and no repaint, repaint indicator look perfect in history, but in real trading, sometimes giving a false signal.
