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Indicators are useful but
Členom od Jul 20, 2020
286 príspevkov
Mar 07, 2021 at 02:14
The indicator is indeed very profitable but it is very slow. So many times the indicator provides the signal after a move is lost.
Členom od May 11, 2020
74 príspevkov
Mar 10, 2021 at 11:35
hitterbull posted:
If you pair an indicator with a profitable strategy, it kind of adds to the overall profitability of it.
Indeed, this is what make indicators much useful for traders
Členom od Aug 23, 2021
7 príspevkov
Aug 23, 2021 at 09:12
you can use indicators, Fibo and anything as you want. But try first to have a look at the chart history and check how effective they are. I think 1D charts can be only tradable if you use for example MACD.
no day trading at all 420 days, 3 hours, 12 min
Členom od May 19, 2020
321 príspevkov
Aug 24, 2021 at 17:29
Indicators are a way to look at chart data using mathematical functions, averaging, etc. Indicators do not predict the future, they only help to correctly assess the current market situation.
@Marcellus8610
Členom od Jun 11, 2020
27 príspevkov
Aug 28, 2021 at 08:29
Indicators can increase win rate indeed but money management is the key to earn
Členom od Mar 28, 2021
586 príspevkov
Sep 04, 2021 at 12:54
To use indicator you need to have good idea about those indicators. With just default setting, they do not work all the time..
Členom od Jun 11, 2020
27 príspevkov
Sep 04, 2021 at 17:06
we can say that indicator makes us 55-60% win rate though we can lose 100% after 200% win.
so the power of system is the money management
so the power of system is the money management
Členom od Aug 22, 2020
8 príspevkov
Oct 05, 2021 at 20:07
It is very important to realise that indicators are sometimes wrong and the main thing which a trader should pay his attention to is the charts as they show the accurate situation of the market and indicators only help the traders to make the right decision.
Členom od Oct 06, 2021
14 príspevkov
Oct 06, 2021 at 04:50
Devers posted:
It is very important to realise that indicators are sometimes wrong and the main thing which a trader should pay his attention to is the charts as they show the accurate situation of the market and indicators only help the traders to make the right decision.
Indicators will be wrong if you do not pay attention to analysis being used, I am talking about fundamental and technical analysis.
Členom od Aug 17, 2021
87 príspevkov
Oct 09, 2021 at 18:38
The Moving-Average Convergence/Divergence line or MACD is probably the most widely used technical indicator. Along with trends, it also signals the momentum of a stock. The MACD line compares the short-term and long-term momentum of a stock in order to estimate its future direction.
Členom od Mar 17, 2021
494 príspevkov
Oct 12, 2021 at 07:21
AliForexTalks posted:
The Moving-Average Convergence/Divergence line or MACD is probably the most widely used technical indicator. Along with trends, it also signals the momentum of a stock. The MACD line compares the short-term and long-term momentum of a stock in order to estimate its future direction.
You are right.
Členom od Jun 21, 2021
33 príspevkov
Oct 12, 2021 at 11:00
AliForexTalks posted:
The Moving-Average Convergence/Divergence line or MACD is probably the most widely used technical indicator. Along with trends, it also signals the momentum of a stock. The MACD line compares the short-term and long-term momentum of a stock in order to estimate its future direction.
Agreed @AliForexTalks
Apart from MACD, I feel, RSI is quite helpful in forex trading.
Členom od Sep 13, 2021
8 príspevkov
Oct 12, 2021 at 11:14
I do not like MACD. It lags to much. But I do like RSI as guide to ho strong a trend is
Členom od Mar 17, 2021
494 príspevkov
Jan 07, 2022 at 06:40
croisssan posted:
As for me, the indicator is quite a useful thing, but only if it is used correctly. Sometimes you can get too stupid if you use purely indicators.
Yes. you need to have proper knowledge about indicators before using it.
Členom od Oct 20, 2018
283 príspevkov
Jan 30, 2022 at 16:34
SteveHanks posted:croisssan posted:
As for me, the indicator is quite a useful thing, but only if it is used correctly. Sometimes you can get too stupid if you use purely indicators.
Yes. you need to have proper knowledge about indicators before using it.
Absolutely normal. You can`t use anything which you don`t understand.
momchil_slavov@
Členom od Feb 15, 2022
131 príspevkov
Mar 05, 2022 at 04:43
Indicators are those software tools that help a trader by indicating or providing a market forecast. They are used in technical analysis and used as a backup in fundamental analysis. Personally, I prefer using indicators like RSI, moving average, bolinger bands, stockistics. These indicators perform well on average.
Členom od Feb 16, 2022
60 príspevkov
Mar 30, 2022 at 12:56
A platform is flourished with numerous indicators even though there are a handful of indicators that traders rely on the most. RSI, Moving average, Stokistics, Bollinger bands are notable indicators that traders rely on the most for generating signals.
Členom od Mar 17, 2022
29 príspevkov
Apr 04, 2022 at 06:52
When you select a trading strategy, you have to learn that the value of some pairs may fluctuate depending on the change in trade volumes. You should be able to identify the different charts and patterns, interest rates and how the news can influence the price of a pair. Do some research before going forward.
Členom od Apr 18, 2022
55 príspevkov
May 04, 2022 at 05:31
Forex indicators are important trading tools in analysing market data and prices. Though indicators are highly useful but totally depend on the trader and how it utilizes them when trading in the forex market.
Členom od Apr 03, 2021
437 príspevkov
May 05, 2022 at 23:44
Almost technical traders usually use indicators as a helpful tool. but there is no perfect indicator, where each indicator has its own advantage and disadvantage, and not all traders like to use indicators, sometimes they prefer to learn how to use list-objects like Gann grid, trendline, etc.
