How many indicators do you need?

bigdolly

Sergeant Major
Messages
865
Which indicators do you think suit you the best?
I use mostly Bollinger Bands, RSI and various EMAs.
My favorite is ATR to measure volatility and different moving averages, their combination sometimes generate very high "win ratio" signals. But money management is at top priority
 

bigdolly

Sergeant Major
Messages
865
Which indicators do you think suit you the best?
I use mostly Bollinger Bands, RSI and various EMAs.

Mine favorite is combination of moving averages, ATR and fibonacci levels. Constantly experimenting I made very good progress in increasing winning ratio of the trades based on those signals.
 

downtrend

Sergeant
Messages
857
Bollinger band and RSI are my favorite indicators.. I work with many other indicators while trading . I find them useful . It is up to a trader how he choose any indicator and finds its efficacy . All are different to work with different trading styles so select what is best for this time.
 

dianajs

Private, 1st Class
Messages
778
Bollinger band and RSI are my favorite indicators.. I work with many other indicators while trading . I find them useful . It is up to a trader how he choose any indicator and finds its efficacy . All are different to work with different trading styles so select what is best for this time.
I prefer those indicators as well and occasionally I combine them with EMAs. I find that it's easy to ascertain a trend and a reversal of a trend with them.
 

nahiyar

Private, 1st Class
Messages
730
I use those indicators which are tested and result oriented. Never act blindly on them. Some times I do naked trading . My main aim is to analyze market well it can be through any way as news , charts, indicators, etc. One can get help from indicators if he is able to use them.
 

Qasim waqar

Private, 1st Class
Messages
40
Each trader had his own experience with different indicators. Some indicators are widely used by everyone as bollinger band and candle stick is considered necessary part of trading. We can trade without these too. If any indicator gives you good reading follow it.
 

bigdolly

Sergeant Major
Messages
865
Guys do you think is it sufficient to use only combination of RSI and ATR to trade successfully? Anybody there that follows this example of mix of indicators?
 

dianajs

Private, 1st Class
Messages
778
I use RSI and I find it very helpful, but I have never used ATR, neither by itself nor in a combination with other indicators, so I have no opinion about it.
 

Melvin Leon

Recruit
Messages
54
I follow price action. My weapons are mainly candlestick and candle patterns. I do not use any fancy indicators. Some support and resistance lines and Volume indicator. So ot is basically volume price analysis. But let me tell you it's all about what you understand the most. And what works for you. What works for you may not work for anyone.
 

Rizog

Private, 1st Class
Messages
118
Indicators are used on the Forex market in order to predict the future of a currency pair. You are advised to use as less indicators on the market window as possible. You need to keep the things simple for better results. Many traders lose their money due to the complex behavior.
 
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