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Forex Zone - Forex Forum
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Forex Education
Characteristics of a Good Indicator
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Characteristics of a Good Indicator
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Re: Characteristics of a Good Indicator
Vernalta
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I really prefer indicators that are easy to use and not too complicated because they are supposed to be a faster tool for making profits. One of the indicators I like the most so far is zigzag and stochastic.
#481
- September 07, 2023, 12:35:29 AM
Re: Characteristics of a Good Indicator
Dyandra
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If you use an indicator, you must be able to use an indicator that is not complicated to use because the character of a good indicator will definitely not make the user confused.
#482
- September 08, 2023, 01:01:14 AM
Re: Characteristics of a Good Indicator
Vernalta
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If you use indicators you have to choose the right indicator. The characteristics of the right indicator are that it is easy to use and can make you get consistent profits.
#483
- September 09, 2023, 12:50:49 AM
Re: Characteristics of a Good Indicator
Dyandra
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In my opinion, when you choose an indicator you should be able to choose one that has characteristics that are easy to use so that later you won't be confused about using the indicator. I will look at the use of zigzags and the use of RSI.
#484
- September 10, 2023, 12:51:19 AM
Re: Characteristics of a Good Indicator
Vernalta
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For me, using a good indicator is one that is not difficult because the more difficult it is for you to use an indicator, the more what you do will be in vain and it will not be able to make you consistent.
#485
- September 11, 2023, 01:05:28 AM
Re: Characteristics of a Good Indicator
Dyandra
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When you use indicators, of course it is very important for you to use them and of course when you use indicators, the characteristics that you must encounter are those that are easy to use and not complicated when receiving information.
#486
- September 12, 2023, 12:55:12 AM
Re: Characteristics of a Good Indicator
Ikhtiar
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Average indicators cannot catch new trends. For example, when there is a reversal in forex price movements, the signal from this indicator indicates that the reversal has occurred, not just about to occur.
#487
- September 12, 2023, 12:59:01 AM
Re: Characteristics of a Good Indicator
Vernalta
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when you choose an indicator you should be able to choose an indicator that is not difficult you should be able to choose an indicator that is not complicated the more you can use the indicator the more you will be helped by the signal it produces
#488
- September 13, 2023, 12:34:38 AM
Re: Characteristics of a Good Indicator
Dyandra
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The character of a good indicator is that it doesn't make it difficult for you, it doesn't make you complicated like when you use the Moving Average indicator or use the zigzag indicator, it will definitely be very easy to use.
#489
- September 14, 2023, 01:03:20 AM
Re: Characteristics of a Good Indicator
Vernalta
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Actually, I don't really like using indicators, but I like using several indicators that I have always used, such as stochastic and zigzag because in my opinion, a good indicator is one that is easy to use. A good indicator is a complicated one.
#490
- September 15, 2023, 12:36:07 AM
Re: Characteristics of a Good Indicator
Dyandra
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A good indicator is an indicator that we can use to predict direction or to confirm open positions and it's definitely not complicated. One of the ones I like is zig zag.
#491
- September 16, 2023, 12:48:10 AM
Re: Characteristics of a Good Indicator
Vernalta
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Using a good indicator is indeed an indicator that is not difficult to use and using an indicator that is not difficult will definitely make us understand better how to open positions in a more certain way.
#492
- September 17, 2023, 01:30:16 AM
Re: Characteristics of a Good Indicator
Dyandra
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What is certain here is that when you use an indicator you must be able to use an indicator that has a character that is easy to use, don't waste time completing all the uses of the indicator just to get a signal, therefore choose an indicator that can really make you comfortable.
#493
- September 18, 2023, 12:36:46 AM
Re: Characteristics of a Good Indicator
Vernalta
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In this case, it's best if you can use indicators that are not too difficult because using these indicators, some are easy, some are difficult, so I suggest you use the easy indicators in MT4.
#494
- September 19, 2023, 12:44:46 AM
Re: Characteristics of a Good Indicator
Dyandra
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In my opinion here, a good indicator is an indicator that is easy to use in anything used to analyze any currency pair and of course the use of signals is not too complicated because this is very important.
#495
- September 20, 2023, 12:07:18 AM
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