Forexpaydays
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Hi Traders,
my name is Holger. I am from Germany and new to Forex.
I am learning to trade from my mentor Greg and I am using mainly Slow Stochastics with 14,3,3 and MACD with default settings 12,26,9.
My main platform is ctrader.
Here is a picture of how it looks like.
View attachment 17025
Cheers,
Holger
The less indicators you use the better, I personally use only 3 indicators and that is plenty for a good strategy. Otherwise you can get confused (unless you fully automate your ideas). More indicators, more complex strategy, harder to automate and trade.
Bollinger bands seems to be best for me. I was used it for 2 years before, then was working with technical analysis, but then again returned to technical lovely BB. It is important to constantly experiment with your methods as after trying something new you will understand better the old one. My experience confirms it one more time.
besides make confuse , the more indicator also can make the meta trader be hangs or not work as nomally sometimes , its hard to computer to running well moreover in low spec the computer that was uses. So more indicator can make lagging the price that was going in the platform of MT4 also , so its will decrease of focus in that time also