Indicators are reliable but
Jan 12, 2021 at 12:33
Indicators are reliable. But the most important thing is how much you know about the indicators. More or less every indicator works. Everything depends on your skills and knowledge. The best indicator is the indicators that work for you. That's why learning trading needs time. You need to do a lot of experiment to find the suitable one for you.
Member Since Jul 23, 2020
696 posts
Mar 04, 2021 at 14:00
Never use more than one indicator of the same types. Or else it will give you a confusing signal.
Member Since Dec 11, 2020
17 posts
Mar 11, 2021 at 12:23
Whether you are using an indicator or not, your knowledge can play an important role. You can pair your trading strategy with a suitable indicator.
Member Since Jul 23, 2020
816 posts
Mar 12, 2021 at 04:06
Indicator is a technical tool for analysis. However, it is not essential to use in analysis.
Member Since Jan 05, 2021
12 posts
Apr 03, 2021 at 03:42
Indicators can be really helpful if they are used properly. There are some indicators I like to use including MACD, moving average, etc.
Apr 05, 2021 at 05:55
Michihito posted:
Indicators are reliable. But the most important thing is how much you know about the indicators. More or less every indicator works. Everything depends on your skills and knowledge. The best indicator is the indicators that work for you. That's why learning trading needs time. You need to do a lot of experiment to find the suitable one for you.
Correct, using indicators without knowing how they actually work and what their functions is just like performing a task with all the necessary resources but without knowing the role and working of each resource.
The more your practice, the more you learn.
Member Since Sep 12, 2017
232 posts
Apr 06, 2021 at 06:55
They can be reliable but first you need to know does it have what you require?
Member Since Jul 23, 2020
696 posts
May 05, 2021 at 17:51
AliaDare posted:
The signal of the indicator is reliable but very slow. This is why trading signals are available after losing a lot of moves.
Don’t solo rely on indicators. Try to read practice action also.
Member Since Mar 16, 2021
447 posts
Jun 13, 2021 at 01:28
Indicators help a lot to make a profit in trading but not all indicators work on time. So you should know about that before choosing an indicator.
Jun 14, 2021 at 16:55
Ebin posted:
Are indicators reliable, and can beginners use indicator using the micro-lots account?
Indicators are certainly reliable but it is very important to choose the right indicator. Because not all indicators provide good signals.
