Jan 27 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.
Jan 27 at 20:51
i agree
Jan 28 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.
Jan 28 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?
Feb 09 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.
Feb 23 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.
Feb 23 at 08:27
You need to use the indicators that suit you in combination with other tools. And it's also important to have an understanding of what you are doing. You must be able to correctly understand the information that you have. It so happens that the indicator clearly screams about the entry point, the trader cannot correctly recognize this signal, and the moment of entering the market is lost.
Feb 23 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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