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    Thread: Why so many indicators make traders helpless?(Title edited by Toxic)

    1. #41
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      Quote Originally Posted by Victorosakwe View Post
      generally speaking, most traders makes the worst decision ever by choosing to attach so many indicators to their chart. most times it more than confuse the trader.
      you are right, I also ever use 10 indicators..
      It makes I cant look the candle, It just makes me confuse...
      but I realize now if indicators is the tools, so use it wisely
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      Quote Originally Posted by indrayan View Post
      you are right, I also ever use 10 indicators..
      It makes I cant look the candle, It just makes me confuse...
      but I realize now if indicators is the tools, so use it wisely
      You are considering 10 indicators at the same time. No wonder why you will be confused and loose most of the times.My friend you should just consider 2 - 3 indicators at a time and not more than that and if you want you can combine them to have a clearer picture.
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    4. #43
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      Most of indicators showing us just past.
      We have to trade future.
      Here is prime reason. Most of indicators react when it is too late.
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    5. #44
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      Most of indicators showing us just past.
      We have to trade future.
      Here is prime reason. Most of indicators react when it is too late.
      indeed correct in my opinion almost all indicators based on the past but I think the indicators are also very help us to analyze price movements.
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    6. #45
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      The main purpose of indicators is to guide or help traders in analyzing entry and exit point. But if you have many indicators in your chart it will only make your head dizzy. Then it will be more confusing if you are trying to understand each others usage. So one indicator at a time is my advice.
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    7. #46
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      Quote Originally Posted by NikitaBelle View Post
      The main purpose of indicators is to guide or help traders in analyzing entry and exit point. But if you have many indicators in your chart it will only make your head dizzy. Then it will be more confusing if you are trying to understand each others usage. So one indicator at a time is my advice.
      you are right. indicator made to help us make decision in more fast time. can't figure out how many times need to be spend to only calculate the simple moving average 25 from hourly candle. and every hourly you need to add another data.
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    8. #47
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      indicator is calculated using the price history, so the price is very important historically, although the indicator is always late, but very helpful analysis
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      Quote Originally Posted by trix View Post
      indicator is calculated using the price history, so the price is very important historically, although the indicator is always late, but very helpful analysis
      very nice indeed if we could find out before the price reverses direction,
      usually are made ​​by naked trading by looking at history,
      but for me too hard, because it requires patience.
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    10. #49
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      Quote Originally Posted by BH-Eurofighter View Post
      Most of indicators showing us just past.
      We have to trade future.
      Here is prime reason. Most of indicators react when it is too late.
      yeah, you are true that indicator is showing the past, but we assume indicator can help to predict the possibility. no doubt that indicator is collect from the data of high, low, close, open. But that is candlestick formed so.
      even support and resistance made from history.
      I think the conclusion still we only can see the past and try to predict the most possible outcome.
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      Quote Originally Posted by BH-Eurofighter View Post
      Most of indicators showing us just past.
      We have to trade future.
      Here is prime reason. Most of indicators react when it is too late.

      Most of the time this happens.But there is a chance coz some indicator indicate the market trend.So based on them we can make some prediction about future.
      But having too much indicator is worthless all indicator work with same data .so why you are using soo many indicator and making your self CONFUSE ???

      Try to avoid using more then 4-5 indicator.
      Make your own analysis about chart.........Be yourself..........
      Don't depend on indicator more then 75%.......
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      ayazali69 (11-24-2012)

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