Study all the Indicators or not?

[RambutPendek]

Naked buying and selling is nice although not all traders are great by using it. It takes a little of extended period before we are able to master naked buying and selling. So for that mean time indications are our hope to outlive within this dangerous market. Two to three indications is sufficient.

[chenfhu]

for beginners demo account is very important, to try all the strategies we have to use a demo account, also the master sometimes still use the demo account to test the strategy and its EA.

[EA-Trader]

Much better if we try different indicators and know if it really fit in our trading personality and style and once we found it study well and know it's characteristic and how it goes with the main chart.

[tifa lockhart]

I think if we do not need to learn all the indicators as the number of indicators provided very much. we only need to select whatever indicators we will use to help analyze the price movements of these indicators we learn later in detail

[wanamo]

Studying all the indicators is not so necessary.Cause you will not required all the indicators most of the time.Its better to master in one single indicator which can make you winner.

I agree with you because some indicators are duplicate of the others. I notice some traders, especially newbies, tend to use so many indicators on the chart that it looks very complicated and take a lot of space that you cannot see clearly the price chart. More often than not, those indicators are doing the same thing. I think the newbies are so scared or so careful in their trades that they want to employ as many indicators as possible where one indicator will confirm the other, which in turn will confirm the other and the other and the other.

I think it is unnecessary to study each and every indicators. It depends on your trading style actually. If you are a short-term trader like me, you could be interested in indicators like Momentum, CCI, RSI or Stochastic.

[wanamo]

EMA is exponential moving average.Its almost similar to Moving Average,but it gives more reaction to the price than SMA.So if you want to get more reaction in fast moving markets EMA is useful but its prone to give false signals too.

This is where experience comes in. No matter how good an indicator is, if you follow it blindly, you will be set to fall into the traps 'coz like you mentioned, indicators e.g EMA tend to give false signals. The best thing is to not rely solely on the indicator but to trust your experience also whenever you are in the trade. The indicator is there only to guide you but you are there as a human being, with brain to do that extra analysis, based on your past experience and the surrounding economical or financial developments.

[khair]

all indicator study is good but applying all at a time is bad. because each indicator has individual characteristic. most of the trader select some indicator for their trade not all. so selection of suitable indicator is good strategy.

[symoon007]

Try many indicator, which is most popular. If you try many indicator you can find suitable indicator for your trading. Because, if you didn't try indicator, you can not understand which indicator is help to you.

[logini]

This is where experience comes in. No matter how good an indicator is, if you follow it blindly, you will be set to fall into the traps 'coz like you mentioned, indicators e.g EMA tend to give false signals. The best thing is to not rely solely on the indicator but to trust your experience also whenever you are in the trade. The indicator is there only to guide you but you are there as a human being, with brain to do that extra analysis, based on your past experience and the surrounding economical or financial developments.

indicator is an invaluable tool in analyzing our market. if you want to perform manual trading, we can exploit the use of indicators to facilitate us in analyzing the market. however, if we feel no need to use only the use of indicators and price action alone, we can also do it.

[seiry]

Each trader has his style, respectively, almost nothing is the same. Included in selecting indicators, it helps to learn all the indicators only to find that in accordance with personal or study and make it better. But it all takes quite a bit.