at least get to know them and test them out on a demo account. It will give you a good idea about what the market is about how they move. But i don't use them since I base it on my own opinions.Originally Posted by skayyy
at least get to know them and test them out on a demo account. It will give you a good idea about what the market is about how they move. But i don't use them since I base it on my own opinions.
It pays off sometime to test different type of technical indicators, because you can have the luxury of choosing what indicators that will best suit your trading strategy, but it may also consume lots of your time.
Discipline And Risk Management Are Both Very Important In Trading!
I think using many indiator noit guarate will give profit regularly , only make trader confusion i guess , because one indicator give signal while another again still waited , i am prefer with simple trade not using much indicator un my graph
if we use our time to learn all the indicators are there, then I think we're going to spend too much time in vain. because in addition to the existing indicators in the meta trader, there are also indicators of custom made by the trader. so the number of indicators to be increasing.
That's right. It is no need to spend too much time for learning all indicators because you will use some
of them only. So it's better to look indicators which could help you with your current style than learning
them all. In forex, we didn't use indicators only as consideration.
yes, you are correct, but it would be better if we just learn a few well-known indicator, because learning all the indicators will take a lot of time, because we have to learn all about forex and not only the indicator alone.
of course any traders need to Study all the Indicators... This is one of the necessary requirements to level-up as a trader.
You cannot advance to the next level if you are not familiar with indicators available in MT4. This is where you choose your favorite indicators...
but that over time, I think we better focus on learning some of the indicators, until it is mastered, and can be used with either
I don't agree with you. You don't need to study all indicators to trade Forex. Note that many indicators are doing the same job may be small difference between them but the same job or indication can be obtained with many indicators. Also most of the custom indicators are just same as primary indicators with minor updates over the functionality.
yup, we just need to learn the indicators that we use in our chart,
so get more focus in learning,
Remember, study indicators not only theory but also need to practice to get to know his secrets.
"To become a money monster ( people who get a big advantage ),
the first time you become a master of self (the person who really knows and can control himself)."
---- JP Morgan ----
Posting Permissions
Reply With Quote
