Forex Zone - Forex Forum
  1. Forex Zone - Forex Forum
  2. General Category
  3. Forex Education
  4. Characteristics of a Good Indicator

Characteristics of a Good Indicator

Discussion started on Forex Education

Print
Pages: 1 ... 3 4 [5] 6 7 ... 75   Go Down

FzFx

  • Sr. Member
  • Posts: 426
  • Points: 51533
  • Likes Received: 7
  • Reputation: +0/-0
In my opinion, technical indicators are all repainted and cannot be fully relied upon, so to be able to use these indicators we must master them and explore them as best we can so that we will know for ourselves how these indicators work and also know the advantages by themselves.
#61 - April 29, 2020, 04:39:19 PM

aZGuners

  • Jr. Member
  • Posts: 53
  • Points: 831
  • Likes Received: 0
  • Reputation: +0/-0
the indicators we use must be mastered well, for example MA has the characteristics to understand a trend and follow it, the trend line to find support and resistance and so on, so a good indicator is a simple and easy indicator we master.
#62 - April 30, 2020, 08:10:11 AM

Genic08AD

  • Sr. Member
  • Posts: 358
  • Points: 56105
  • Likes Received: 10
  • Reputation: +1/-1
all indicators in my opinion have different characteristics but each also has weaknesses and we must be able to manage these weaknesses so as not to make a false signal for our trading analysis...
#63 - July 09, 2020, 07:35:24 AM

Sugeng Setiadi

  • Sr. Member
  • Posts: 378
  • Points: 13171
  • Likes Received: 13
  • Reputation: +0/-0
We do not know the characteristics of an indicator without us studying the indicators themselves as best we can because each indicator has different characteristics so we must also study each one.
#64 - July 09, 2020, 02:44:59 PM

FardhanVx

  • Sr. Member
  • Posts: 462
  • Points: 25708
  • Likes Received: 20
  • Reputation: +1/-3
from my judgment a good indicator has an easy to understand characteristic but is rarely found repaint even though all technical indicators are repainted but at least we try to find weaknesses of the indicators we use to make it easier to read the characters.
#65 - July 13, 2020, 07:02:29 AM

Widiaty Syahnazia

  • Hero Member
  • Posts: 628
  • Points: 0
  • Likes Received: 59
  • Reputation: +1/-1
A good indicator for trading is an indicator that is easy to understand and must have a clear signal that supports trading analysis, in order to facilitate the user in each of their trading transactions.
#66 - July 13, 2020, 09:01:45 AM

OjoL2904

  • Sr. Member
  • Posts: 457
  • Points: 32784
  • Likes Received: 9
  • Reputation: +1/-1
each indicator has its own characteristics so if we examine deeper then an indicator will have advantages and disadvantages of each, but it is not possible we will learn everything so we must choose and persevere one or several indicators that match our trading character.
#67 - July 14, 2020, 05:29:28 AM

Mochira

  • Sr. Member
  • Posts: 444
  • Points: 0
  • Likes Received: 31
  • Reputation: +2/-0
Every indicator is all good, especially those that have become patents on the platform, traders must understand the characteristics of the indicator to be able to better know the signal conditions that the indicator gives.
#68 - July 15, 2020, 02:13:01 PM

miqbal79

  • Sr. Member
  • Posts: 448
  • Points: 104137
  • Likes Received: 12
  • Reputation: +1/-0
an indicator has characteristics that we can monitor if we know what the characteristics are, in each indicator there will certainly have their respective characteristics and within these characteristics there must be weaknesses and strengths that we can know.
#69 - July 22, 2020, 11:09:02 AM

Riky Namaku

  • Sr. Member
  • Posts: 396
  • Points: 45589
  • Likes Received: 7
  • Reputation: +1/-0
good indicators do have basic criteria such as simple and high accuracy, but not all indicators are like that and these characteristics are also relatively dependent on who uses them.
#70 - July 23, 2020, 01:23:37 PM

kusneni

  • Sr. Member
  • Posts: 386
  • Points: 0
  • Likes Received: 62
  • Reputation: +1/-0
A good indicator is certainly easy to read and accurate.
but aside from the indicator, the traser must also know the characteristics of the indicator that you are using.
#71 - July 27, 2020, 06:36:53 AM

Jajami

  • Hero Member
  • Posts: 810
  • Points: 0
  • Likes Received: 120
  • Reputation: +3/-0
Quote from: kusneni on July 27, 2020, 06:36:53 AM
A good indicator is certainly easy to read and accurate.
but aside from the indicator, the traser must also know the characteristics of the indicator that you are using.
Using and getting to know an indicator is very easy, but what is difficult is indeed an understanding of the characteristics of the indicator.
Sometimes every condition will be different how to read.
#72 - July 28, 2020, 01:10:27 PM

Mulyono

  • Sr. Member
  • Posts: 330
  • Points: 262
  • Likes Received: 5
  • Reputation: +1/-1
in my opinion using the indicator must be adjusted to our trading power, so that later in using it we can be comfortable and can be maximal results
#73 - June 29, 2021, 02:51:51 PM

ERSYA

  • Hero Member
  • Posts: 1214
  • Points: 938
  • Likes Received: 29
  • Reputation: +5/-5
in my opinion the good indicator is what suits our trading style, which we can understand well, and we can use it well, and of course everyone has their respective indicators
#74 - July 02, 2021, 02:21:41 PM

CR7

  • Hero Member
  • Posts: 518
  • Points: 400
  • Likes Received: 5
  • Reputation: +0/-4
For me the indicator has the characteristics of each masong, and preferably when we choose which indicators we want to use then adjust to our will, so that we can be comfortable
#75 - July 05, 2021, 08:48:43 AM
Print
Pages: 1 ... 3 4 [5] 6 7 ... 75   Go Up
  1. Forex Zone - Forex Forum
  2. General Category
  3. Forex Education
  4. Characteristics of a Good Indicator

Members:

0 Members and 1 Guest are viewing this topic.


Characteristics of a Good Indicator in Forex Education_collapse Refresh Activity Stream (It's automatically updated) Open Activity Stream in Popup Activity: