Earn up to
$50000
for inviting friends
to get StartUp Bonus
from InstaForex
No investments required!
Start trading without
any investments and risks
WITH NEW STARTUP
BONUS 1000$
GET BONUS
55%
from InstaForex
on every deposit
  • Amazed
  • Amused
  • Angelic
  • Angry
  • Asleep
  • Bashul
  • Bitchy
  • Blah
  • Bored
  • Breezy
  • Brooding
  • Busy
  • Buzzed
  • Chatty
  • Cheeky
  • Cheerful
  • Cold
  • Confused
  • Cool
  • Crappy
  • Cynical
  • Daring
  • Dead
  • Devilish
  • Doh
  • Doubtful
  • Drunk
  • Fine
  • Flirty
  • Goofy
  • Grumpy
  • Happy
  • Hot
  • Hungover
  • Innocent
  • Inspired
  • In_Love
  • Lonely
  • Lurking
  • Mellow
  • Paranoid
  • Pensive
  • Psychedelic
  • Relaxed
  • Sad
  • Scared
  • Shocked
  • Sick
  • Sleepy
  • Sneaky
  • Stresses
  • Tired
  • Twisted
  • Worried
  • Yeehaw
  • Reply to thread
    Page 6 of 6 ... 4 5 6
    Results 51 to 60 of 60

    Thread: Can we use two indicators?

    1. #51
      Forex in the blood
      I am:
      ----
       
      john13303 is on a distinguished road john13303's Avatar
      Posts
      228
      Accumulated bonus
      66 USD (What is this?)
      Thanks
      2
      Thanked 51 Times in 19 Posts

      Default

      It is possible to get several indicators for trading , but good traders must know that only the results are important in trading . It is possible to use indicators that do not work every day , but with one good indicator , it is allowed to get good results on the long term . For example , many traders use about 5 indicators , but some could use one and get big results and lots of profits with those systems , that is why traders should be focused on the additionnal profits on the forex markets .


    2. #52
      My charts talk to me!
      I am:
      ----
       
      time void will become famous soon enough time void will become famous soon enough time void's Avatar
      Posts
      1,054
      Accumulated bonus
      127 USD (What is this?)
      Thanks
      27
      Thanked 139 Times in 100 Posts

      Default

      Most indicators based system or mechanical trading styles use multiple indicators usually starting with 2 and can be more depending on the system. It is a combination of lagging and leading indicators along with various other data indicators to create a signal that can be as perfect as possible. This does work for some and might not work for others.


    3. #53
      Forex in the blood
      I am:
      ----
       
      tablecurt is on a distinguished road tablecurt's Avatar
      Posts
      244
      Accumulated bonus
      0 USD (What is this?)
      Thanks
      22
      Thanked 32 Times in 27 Posts

      Default

      Of course you can use two indicators. I personally believe using indicators is similar to playing games, it might be awkward at first, but you will soon get used to it, and with more practice become a professional at using them.


    4. #54
      Forex in the blood
      I am:
      ----
       
      JeloFone is on a distinguished road JeloFone's Avatar
      Posts
      245
      Accumulated bonus
      0 USD (What is this?)
      Thanks
      22
      Thanked 28 Times in 23 Posts

      Default

      Quote Originally Posted by mussawer143     
      can we use two indicators...? is anyone know if you use two indicator at the same time then what will be the next to happened....!
      There are no limitations to the amount of indicators you can use. If you want, you can avoid them, but if you want, you can use however much you want. My only advice is to learn about one indicator first before you try next or start combining indicators.


    5. #55
      Forex in the blood
      I am:
      ----
       
      boxzone is on a distinguished road boxzone's Avatar
      Posts
      247
      Accumulated bonus
      0 USD (What is this?)
      Thanks
      33
      Thanked 44 Times in 36 Posts

      Default

      I myself use two indicators, namely moving average and macd. I use moving average for a general direction of the trend and macd to find divergences or overbought and oversold areas which goes well with the moving average.


    6. #56
      Forex in the blood
      I am:
      ----
       
      PaperTowel is on a distinguished road PaperTowel's Avatar
      Posts
      245
      Accumulated bonus
      0 USD (What is this?)
      Thanks
      22
      Thanked 21 Times in 20 Posts

      Default

      I use price action but when I started trading, I used indicators based trading systems. I tried dozens of trading systems that were available in the internet. Most didn't work for me, but some did work and I made progress in my trading from them.


    7. #57
      MT5 Addict
      I am:
      Happy
       
      Edifitri is on a distinguished road Edifitri's Avatar
      Posts
      632
      Accumulated bonus
      40 USD (What is this?)
      Thanks
      2
      Thanked 49 Times in 39 Posts

      Default

      we can use more than one indicator, we can even combine many indicators if the indicator can help us in analyzing forex market movements. I use 6 indicators to observe forex market movements. with the help of these 6 indicators, I was really looking for it to be able to start entering the forex market. I strengthen the level of carefulness to be able to get the most appropriate and accurate signal.


    8. #58
      FX Zombie
      I am:
      Amused
       
      eTraderState will become famous soon enough eTraderState will become famous soon enough eTraderState's Avatar
      Posts
      2,818
      Accumulated bonus
      701 USD (What is this?)
      Thanks
      154
      Thanked 134 Times in 95 Posts

      Default

      you can use as much indicators if you want but remember that mt4 indicators not tell about exact future of any market these indicators are based on statistical programming indicators use historical data of market and just they assume the future trend and direction of market which may prove accurate and not depends upon on market scenario using many indicators may make you confused understanding market actual picture because all indicators will show you different picture of market


    9. #59
      Forex in the blood
      I am:
      ----
       
      kuldeep kale is on a distinguished road kuldeep kale's Avatar
      Posts
      273
      Accumulated bonus
      40 USD (What is this?)
      Thanks
      0
      Thanked 33 Times in 29 Posts

      Default

      Ha kyu nahi maine to 2 moving average ke conbination indicator results dekha hai bahut acha result hai uska sath hi sath agar ham agar ham moving average ke sath dusare kisi indicator ko use kare to ye bhi behtar hai like MACD RSI etc


    10. #60
      My charts talk to me!
      I am:
      Inspired
       
      Zeref has much to be proud of Zeref has much to be proud of Zeref has much to be proud of Zeref has much to be proud of Zeref has much to be proud of Zeref has much to be proud of Zeref has much to be proud of Zeref has much to be proud of Zeref has much to be proud of Zeref's Avatar
      Posts
      871
      Accumulated bonus
      152 USD (What is this?)
      Thanks
      902
      Thanked 1,298 Times in 633 Posts

      Default

      I think that using more than one indicator also needs a strategy. The indicators used must of course support each other and have their respective functions. And to open a position, it should be awaited until the signals of the two indicators appear and confirm each other. And keep in mind that every trader is always looking for a good combination of indicators 2 or more to get a tool that matches his trading style and of course all of them to get maximum profit.

      Examples of Combinations of 2 Indicators are:
      Moving average which is basically a trend indicator, then combined with stochastic which is an oscillator to determine momentum or timing when to buy or sell.

      So, the benefits that we can take from these two combinations are to know the trend and buy/sell at the right time to that trend.


    11. The Following User Says Thank You to Zeref For This Useful Post:

      Unregistered (1)

    Reply to thread
    Page 6 of 6 ... 4 5 6

    Posting Permissions

    • You may not post new threads
    • You may not post replies
    • You may not post attachments
    • You may not edit your posts