Advertisement
Indicators are useful but
Mitglied seit Jul 20, 2020
286 Posts
Mar 07, 2021 at 02:14
The indicator is indeed very profitable but it is very slow. So many times the indicator provides the signal after a move is lost.
Mitglied seit Aug 23, 2021
7 Posts
Aug 23, 2021 at 09:12
you can use indicators, Fibo and anything as you want. But try first to have a look at the chart history and check how effective they are. I think 1D charts can be only tradable if you use for example MACD.
no day trading at all 420 days, 3 hours, 12 min
Mitglied seit May 19, 2020
321 Posts
Aug 24, 2021 at 17:29
Indicators are a way to look at chart data using mathematical functions, averaging, etc. Indicators do not predict the future, they only help to correctly assess the current market situation.
@Marcellus8610
Mitglied seit Jun 11, 2020
27 Posts
Aug 28, 2021 at 08:29
Indicators can increase win rate indeed but money management is the key to earn
Mitglied seit Jun 11, 2020
27 Posts
Sep 04, 2021 at 17:06
we can say that indicator makes us 55-60% win rate though we can lose 100% after 200% win.
so the power of system is the money management
so the power of system is the money management
Oct 05, 2021 at 20:07
It is very important to realise that indicators are sometimes wrong and the main thing which a trader should pay his attention to is the charts as they show the accurate situation of the market and indicators only help the traders to make the right decision.
Oct 06, 2021 at 04:50
Devers posted:
It is very important to realise that indicators are sometimes wrong and the main thing which a trader should pay his attention to is the charts as they show the accurate situation of the market and indicators only help the traders to make the right decision.
Indicators will be wrong if you do not pay attention to analysis being used, I am talking about fundamental and technical analysis.
Mitglied seit Aug 17, 2021
87 Posts
Oct 09, 2021 at 18:38
The Moving-Average Convergence/Divergence line or MACD is probably the most widely used technical indicator. Along with trends, it also signals the momentum of a stock. The MACD line compares the short-term and long-term momentum of a stock in order to estimate its future direction.
Mitglied seit Mar 17, 2021
494 Posts
Oct 12, 2021 at 07:21
AliForexTalks posted:
The Moving-Average Convergence/Divergence line or MACD is probably the most widely used technical indicator. Along with trends, it also signals the momentum of a stock. The MACD line compares the short-term and long-term momentum of a stock in order to estimate its future direction.
You are right.
Mitglied seit Jun 21, 2021
33 Posts
Oct 12, 2021 at 11:00
AliForexTalks posted:
The Moving-Average Convergence/Divergence line or MACD is probably the most widely used technical indicator. Along with trends, it also signals the momentum of a stock. The MACD line compares the short-term and long-term momentum of a stock in order to estimate its future direction.
Agreed @AliForexTalks
Apart from MACD, I feel, RSI is quite helpful in forex trading.
Mitglied seit Sep 13, 2021
8 Posts
Oct 12, 2021 at 11:14
I do not like MACD. It lags to much. But I do like RSI as guide to ho strong a trend is
Mitglied seit Mar 17, 2021
494 Posts
Jan 07, 2022 at 06:40
croisssan posted:
As for me, the indicator is quite a useful thing, but only if it is used correctly. Sometimes you can get too stupid if you use purely indicators.
Yes. you need to have proper knowledge about indicators before using it.
Jan 30, 2022 at 16:34
SteveHanks posted:croisssan posted:
As for me, the indicator is quite a useful thing, but only if it is used correctly. Sometimes you can get too stupid if you use purely indicators.
Yes. you need to have proper knowledge about indicators before using it.
Absolutely normal. You can`t use anything which you don`t understand.
momchil_slavov@
Mar 05, 2022 at 04:43
Indicators are those software tools that help a trader by indicating or providing a market forecast. They are used in technical analysis and used as a backup in fundamental analysis. Personally, I prefer using indicators like RSI, moving average, bolinger bands, stockistics. These indicators perform well on average.
Mitglied seit Feb 16, 2022
60 Posts
Mar 30, 2022 at 12:56
A platform is flourished with numerous indicators even though there are a handful of indicators that traders rely on the most. RSI, Moving average, Stokistics, Bollinger bands are notable indicators that traders rely on the most for generating signals.
Apr 04, 2022 at 06:52
When you select a trading strategy, you have to learn that the value of some pairs may fluctuate depending on the change in trade volumes. You should be able to identify the different charts and patterns, interest rates and how the news can influence the price of a pair. Do some research before going forward.
May 05, 2022 at 23:44
Almost technical traders usually use indicators as a helpful tool. but there is no perfect indicator, where each indicator has its own advantage and disadvantage, and not all traders like to use indicators, sometimes they prefer to learn how to use list-objects like Gann grid, trendline, etc.
