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Indicators are useless
forex_trader_2245163
會員從Mar 15, 2021開始
6帖子
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.
會員從Mar 17, 2021開始
494帖子
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
會員從Mar 15, 2021開始
6帖子
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.
會員從Jul 20, 2020開始
385帖子
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
會員從Jun 12, 2021開始
132帖子
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%.
會員從Sep 01, 2021開始
8帖子
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 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.
會員從Jun 14, 2021開始
27帖子
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.
