Indicators are useful but

Dec 17, 2020 at 08:13
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64 Replies
Miembro desde Jul 19, 2020   posts 751
Dec 17, 2020 at 08:13
Indicators are useful but not the whole thing. Only charts are also very important. There is much more thing than indicator. It is the mind. Sometimes you just know it's going to work. With time you get an understanding of trading. That understanding is beyond everything.
Miembro desde Dec 17, 2020   posts 6
Dec 17, 2020 at 10:35
The indicators are fundamental.
the problem is that people want to trust all the signs.
And it is not quite that simple.
Indicators were made to analyze accurate entries, and not to make mistakes, mainly in larger timeframe, H1 H4 D1.
Cordially, SmatchBR.
Miembro desde Jul 23, 2020   posts 759
Dec 17, 2020 at 17:49
Indicators are useful but it is not essential. There are lot of traders who can trade with only simple price action.
Miembro desde Oct 30, 2020   posts 15
Dec 29, 2020 at 14:09
They are not the whole thing and if combined with a good strategy, they can be good.
Miembro desde Jul 19, 2020   posts 298
Jan 09, 2021 at 11:40
Every pair has its own unique movement pattern and characteristics. Sometimes it seems they are all moving to the same direction but every pair has its own chart and price pattern. If a trader can understand that it becomes more easier for him to make money.
Miembro desde Jul 23, 2020   posts 869
Jan 16, 2021 at 17:38
Michihito posted:
Every pair has its own unique movement pattern and characteristics. Sometimes it seems they are all moving to the same direction but every pair has its own chart and price pattern. If a trader can understand that it becomes more easier for him to make money.
True. Mastering one or two pairs is enough to be successful in trading.
Miembro desde Apr 15, 2020   posts 219
Jan 18, 2021 at 03:56
UweMoench posted:
Indicators are useful but not the whole thing. Only charts are also very important. There is much more thing than indicator. It is the mind. Sometimes you just know it's going to work. With time you get an understanding of trading. That understanding is beyond everything.
Indicators are useful to only those who know to use them, you need to identify the correct combination of various indicators, using all of them together makes no difference at all but only causes confusion.
The more your practice, the more you learn.
Miembro desde Oct 21, 2019   posts 25
Jan 18, 2021 at 16:04
If you don't like it or aren't interested, then choose something else. There's no room for criticism, but it's definitely worth pursuing.
Miembro desde Jul 28, 2020   posts 11
Jan 18, 2021 at 16:18
An indicator is a tool for analysis.
There are a huge number of different indicators - some of them may be useful to you, others may not. You test it and choose the ones you need. Everything is simple and not simple at the same time.
Miembro desde Jan 17, 2021   posts 31
Jan 18, 2021 at 17:04
Indicators are total bs...if there were an indicator that works, would it be shared among community.
Miembro desde May 14, 2019   posts 28
Jan 22, 2021 at 09:39
But almost all strategies are based on indicators and working with levels.
That's because it is effective.
And it can really bring money and stability.
Miembro desde Oct 20, 2018   posts 300
Jan 26, 2021 at 21:03
Indicators are fine and needed but overdosing with them is not fine. The more clear is the chart the better.
momchil_slavov@
Miembro desde Dec 28, 2020   posts 187
Jan 27, 2021 at 11:21
There are a variety of indicators present, first you need to understand about the indicator which is useful to you. Combine the indicator which you need and then make a strong strategy, using all indicators at once makes no sense at all.
Miembro desde Jan 22, 2021   posts 125
Jan 27, 2021 at 11:41
Well, everything has its own importance. I must say, we should make a strategy by using both indicators and charts. Solely analyzing charts without indicators may fail your plan and you will end up with a big loss. Try to learn how to use indicators in charts and then go ahead with your trade.
Miembro desde Jan 17, 2021   posts 31
Jan 27, 2021 at 20:51
i agree
Miembro desde Sep 15, 2020   posts 20
Jan 28, 2021 at 02:43
Indicators should be used as an indication of the price movement, not for signals. Because indicators always give you a false signal especially in a lower timeframe if you rely on it. Overbought and oversold levels of the indicator do not mean what it was, maybe the price has made a breakout or the price may stay in that level for a long time.
Miembro desde Dec 05, 2020   posts 81
Jan 28, 2021 at 06:38
blackChelsea posted:
Well, everything has its own importance. I must say, we should make a strategy by using both indicators and charts. Solely analyzing charts without indicators may fail your plan and you will end up with a big loss. Try to learn how to use indicators in charts and then go ahead with your trade.
True, what are your favorite indicators?
Miembro desde Jan 21, 2021   posts 48
Feb 09, 2021 at 11:37
Using multiple indicators is always useful, using a single indicator is not much effective to predict where prices will move in the future.
Miembro desde Dec 15, 2020   posts 12
Feb 23, 2021 at 04:23
Pairing an indicator with a profitable strategy can turn out to be very good for traders. I also try some indicators with price action for getting better results.
Miembro desde Feb 23, 2021   posts 16
Feb 23, 2021 at 08:34
Indicators are useful but sometimes they are not that accurate so it is bad for me, sometimes i have to look into various indicators to choose the good one
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