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

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

  • None, I rely solely on price action

    Votes: 1 9.1%
  • 1

    Votes: 1 9.1%
  • 2

    Votes: 2 18.2%
  • 3

    Votes: 3 27.3%
  • 4

    Votes: 2 18.2%
  • 5 or more

    Votes: 2 18.2%

  • Total voters
    11
Too many cook spoils the broth! However, it is interesting to see that 40% of votes go for 4 or more. However, personally, I would say, stick to, may be, 1 or 2 indices when you begin. As you develop the skills, when you can grasp inputs from multiple channels, widen your sources of inputs.
 
I prefer to use as less indicators as possible in order to keep the things simple. Many people lose money only due to their complex behavior. Using too much indicators on the chart window will make you confused and as a result you will go with a wrong move.
 
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