Indicators are reliable but

Jan 12, 2021 at 12:33
Przeglądane 2,209
44 Replies
Uczestnik z Jul 19, 2020   298 postów
Jan 12, 2021 at 12:33
Indicators are reliable. But the most important thing is how much you know about the indicators. More or less every indicator works. Everything depends on your skills and knowledge. The best indicator is the indicators that work for you. That's why learning trading needs time. You need to do a lot of experiment to find the suitable one for you.
Uczestnik z Nov 26, 2020   17 postów
Feb 04, 2021 at 09:54
Yes, in order to make use of some indicators, a trader should have the required knowledge about them and how to pair them with a particular strategy.
Uczestnik z Jul 23, 2020   759 postów
Mar 04, 2021 at 14:00
Never use more than one indicator of the same types. Or else it will give you a confusing signal.
Uczestnik z Dec 11, 2020   18 postów
Mar 11, 2021 at 12:23
Whether you are using an indicator or not, your knowledge can play an important role. You can pair your trading strategy with a suitable indicator.
Uczestnik z Jul 23, 2020   869 postów
Mar 12, 2021 at 04:06
Indicator is a technical tool for analysis. However, it is not essential to use in analysis.
Uczestnik z Jul 19, 2020   751 postów
Mar 13, 2021 at 13:12
Ready made strategy doesn't help much in trading. We need personalized strategy to get success. Every person think differently. I can take someone's strategy but can't think like him. That's why it doesn't work.
Uczestnik z Jan 05, 2021   12 postów
Apr 03, 2021 at 03:42
Indicators can be really helpful if they are used properly. There are some indicators I like to use including MACD, moving average, etc.
Uczestnik z Jul 19, 2020   751 postów
Apr 04, 2021 at 12:13
Indicators are helpful if we can use it properly. People are so impatient that before the indicators showing signal they open trade. It is not a good thing to do while using indicators.
Uczestnik z Nov 16, 2020   55 postów
Apr 05, 2021 at 05:21
Any tool that we use for trading, including indicators, has its own meaning and effect if we know how to use them.
Uczestnik z Apr 15, 2020   219 postów
Apr 05, 2021 at 05:55
Michihito posted:
Indicators are reliable. But the most important thing is how much you know about the indicators. More or less every indicator works. Everything depends on your skills and knowledge. The best indicator is the indicators that work for you. That's why learning trading needs time. You need to do a lot of experiment to find the suitable one for you.
Correct, using indicators without knowing how they actually work and what their functions is just like performing a task with all the necessary resources but without knowing the role and working of each resource.
The more your practice, the more you learn.
Uczestnik z Dec 28, 2020   187 postów
Apr 05, 2021 at 07:17
Yes indicators are reliable, first you need to know about all the indicators you want to use, you can combine 2-3 indicators according to your strategy.
Uczestnik z Sep 12, 2017   238 postów
Apr 06, 2021 at 06:55
They can be reliable but first you need to know does it have what you require?
Uczestnik z Jul 19, 2020   788 postów
Apr 07, 2021 at 16:17
The signal of the indicator is reliable but very slow. This is why trading signals are available after losing a lot of moves.
Uczestnik z Jul 23, 2020   759 postów
May 05, 2021 at 17:51
AliaDare posted:
The signal of the indicator is reliable but very slow. This is why trading signals are available after losing a lot of moves.
Don’t solo rely on indicators. Try to read practice action also.
Uczestnik z Jun 17, 2020   7 postów
Jun 11, 2021 at 07:08
They can be really helpful if you use them right. Best is to start practicing using 1 or 2 indicators on a demo account and master their use.
Uczestnik z Mar 16, 2021   477 postów
Jun 13, 2021 at 01:28
Indicators help a lot to make a profit in trading but not all indicators work on time. So you should know about that before choosing an indicator.
Uczestnik z Jun 08, 2020   44 postów
Jun 14, 2021 at 13:33
Are indicators reliable, and can beginners use indicator using the micro-lots account?
Uczestnik z Jul 19, 2020   788 postów
Jun 14, 2021 at 16:55
Ebin posted:
Are indicators reliable, and can beginners use indicator using the micro-lots account?
Indicators are certainly reliable but it is very important to choose the right indicator. Because not all indicators provide good signals.
Uczestnik z May 24, 2021   2 postów
Jun 14, 2021 at 17:42
I'm just using the Support and Resistance level to determine where should I enter. Follow me on my profile to see how I trade
Uczestnik z Jun 14, 2021   3 postów
Jun 14, 2021 at 22:07
There are so many indicators and sometimes they contradict each other... so which one should I use?
For example, support and resistance... we can draw many lines but which ones to choose?
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