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multiple technical indicators
Nov 01, 2023 at 01:41
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4 Replies
Biedrs kopš
28 ieraksti
Nov 01, 2023 at 01:41
When multiple technical indicators give conflicting signals for a particular currency pair, how do you decide which indicator(s) to prioritize or trust?
Biedrs kopš
8 ieraksti
Nov 01, 2023 at 10:15
I only use a few indicators and I only take a trade if all of them say them thing. If there is any conflict then I do not trade
Biedrs kopš
24 ieraksti
Nov 10, 2023 at 19:27
NathanialChen posted:
When multiple technical indicators give conflicting signals for a particular currency pair, how do you decide which indicator(s) to prioritize or trust?
I use time, price action, and rsi.
If they conflict, i don't have to trade. When they align, i trade.
React and do not predict
Biedrs kopš
11 ieraksti
Nov 20, 2023 at 15:03
sovy posted:NathanialChen posted:
When multiple technical indicators give conflicting signals for a particular currency pair, how do you decide which indicator(s) to prioritize or trust?
I use time, price action, and rsi.
If they conflict, i don't have to trade. When they align, i trade.
But waiting for all indicators to align can take a very long time and there are only a few opportunities per day
Biedrs kopš
24 ieraksti
Nov 20, 2023 at 15:12
Jingyi posted:sovy posted:NathanialChen posted:
When multiple technical indicators give conflicting signals for a particular currency pair, how do you decide which indicator(s) to prioritize or trust?
I use time, price action, and rsi.
If they conflict, i don't have to trade. When they align, i trade.
But waiting for all indicators to align can take a very long time and there are only a few opportunities per day
You check more than one pair. Gold, oil, indexes, etc., in one of these, there will be opportunities. But if you focus on one, that is ok too. So you trade only when the opportunities show. Else, no go.
It's a question of do i want my business to work? Or fail?
React and do not predict
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