Hi everyone,
I'm still new in fx and currently testing on demo account. I used Stochastic, Parabolic SAR, Simple Moving Average 10 and 20, Relative Strength Index and Average Directional Movement Index (ADX). I entered a trade whenever three of these indicators gave me signals. For example, when Parabolic, ADX and MA gave me sign that the trend is uptrend, I entered buy. And vice versa. However, I was suffering 1 loss in 8 trades. I want to know, is there any way I can avoid losses as much as possible? Do I need to wait until all indicators give me the one and only signal? What else should I use in order to increase profit?