How many indicators do you use in your trading strategy/system?

[Kinsly]

I don't use indicators. The only things I use are horizontal lines and trending lines. But they are not indicators, they are additional MT4 tools.

Why you do not use indicators?

 

[bigdolly]

Why you do not use indicators?

Because indicators show past information while price is driven by expectations.

 

[Vlad_Vahnovanu]

I prefer strategies that created with bollinger bands indicators and some oscillators. In the layout it helps me to get profit deals

 

[alaska27]

It may seem strange to someone but I use only 3 indicators for trading. Personally for me the information I receive from these indicators is enough.

 

[Vlad_Vahnovanu]

It may seem strange to someone but I use only 3 indicators for trading. Personally for me the information I receive from these indicators is enough.

About what indicators are u talking to us?

 

[Rizog]

I used to think that the more indicators there were, the better. but in fact it turned oout that just a couple of indicators are enough for the trade bring profit. As for me, lchimoku is one of the most effective ones.

 

[dianajs]

I used to think that the more indicators there were, the better. but in fact it turned oout that just a couple of indicators are enough for the trade bring profit. As for me, lchimoku is one of the most effective ones.

I had the same misconception as a newbie but I quickly realized that having many indicators meant getting conflicting signals and I only ended up confused. Now I use very few indicators if at all.

 

[Vlad_Vahnovanu]

I used to think that the more indicators there were, the better. but in fact it turned oout that just a couple of indicators are enough for the trade bring profit. As for me, lchimoku is one of the most effective ones.

Let's try

 

[Morten]

Some traders use quite a large amount of indicators in trade. But it doesn't help them much, so it's difficult to say how much helpful it is.

 

[Rizog]

Excess of everything is bad. So, anything above three may not be a good strategy. Stick to less and devote more time to study/ analyze their pattern. Or, as Pharaoh mentioned, go for multiple average indicator.