How many indicators do you need?

bigdolly

2nd Lieutenant
Messages
1,007
3 to 5 indicators is good, more indicators make it hard to read what price tells you. I use 4 indicators with Hotforex and 5 with Tickmill but choosing them was a long process of trials and errors.
 

Banner

Recruit
Messages
8
Can we only trade with indicators, cause i have seen traders use more than 3 indicators but still make no profit.

Even i have used more than one but dint make any difference in my profit.
 

holycow

Master Sergeant
Messages
294
You don't need a single indicator to be honest. If you want to be in this market for long term then try to learn price action and trade without indicators.
Yeah i agree with you, the professional traders have a very clean chart because they are looking at the price only which is actually happening in the market at the moment.
 
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