How many indicators do you need?

[downtrend]

Using less or no indicator is the best way of trading. The more indicators, you will use, the more confusing they will create. Instead use clean chart and do simple price action trading.

 

[mlawson71]

Using less or no indicator is the best way of trading. The more indicators, you will use, the more confusing they will create. Instead use clean chart and do simple price action trading.

Pure price action isn't easy, sometimes people need the help of indicator, especially people with less experience.

 

[EuroTrader]

Pure price action isn't easy, sometimes people need the help of indicator, especially people with less experience.

If we are looking to do Price action trading then we have to keep watching at the safe levels and then only open our trades

 

[idimitrov]

A trader must have a brain, the count of indicators is not so important.

 

[EURUSD]

Yes using too many indicator only will causing confused because might occur one indicator already giving signal confrimed but another indicator might still need to waiting signal confirmed, in addition if use complicated indicator which will only causing platform being low responding

 

[EuroTrader]

Yes using too many indicator only will causing confused because might occur one indicator already giving signal confrimed but another indicator might still need to waiting signal confirmed, in addition if use complicated indicator which will only causing platform being low responding

The best thing that a trader needs to do is make use of only limited number of indicators as that way he would be able to do his trades easily

 

[idimitrov]

why, many idicators can give you more information, if you can handle it properly, why not to use more indicators?

 

[EuroTrader]

why, many idicators can give you more information, if you can handle it properly, why not to use more indicators?

Yes you are true to an extent but from my own personal information i have come across them that using many indicators are not the best choice

 

[Pharaoh]

A trader must have a brain, the count of indicators is not so important.

Shhh.... if too many people figure out they need to use their brains in trading, they might start using them in other areas of life. That could destabilize the entire world economy.

 

[EuroTrader]

Shhh.... if too many people figure out they need to use their brains in trading, they might start using them in other areas of life. That could destabilize the entire world economy.

I would like to say that trading is not an easy task for us and w have to first think about how we are going to do our trading with some income from it