Forex Zone - Forex Forum

Does trading without indicators can make produce profit ??

Discussion started on General Forex Discussion

  • Hero Member
  • Posts: 68342
  • Points: 745
  • Likes Received: 100
  • Reputation: +18/-46
when you trade and you don't use indicators. In my opinion there is no problem as long as you have a good system as long as you have a way to open positions with correct management then everything will be safe for you
#646 - December 03, 2023, 01:27:08 AM

  • Hero Member
  • Posts: 66356
  • Points: 686
  • Likes Received: 58
  • Reputation: +53/-46
We can indeed trade without using indicators, it is very possible because using indicators is not mandatory, using indicators is only optional, the system has many techniques, so you can use all kinds of techniques that you want.
#647 - December 04, 2023, 04:08:46 AM

  • Hero Member
  • Posts: 68342
  • Points: 745
  • Likes Received: 100
  • Reputation: +18/-46
Of course, it's very possible when you do a rating but don't use an indicator. Because basically using an indicator is not the only way to make a profit. You can use a chart pattern. You can use a candlestick pattern. You can use support resistance or request a quote.
#648 - December 05, 2023, 04:01:52 AM

  • Hero Member
  • Posts: 66356
  • Points: 686
  • Likes Received: 58
  • Reputation: +53/-46
It's better to do that because using these indicators is mostly invalid. Indeed, some of these indicators can actually make us open positions well, but more often than not, I suggest that you use price action and use graphic patterns.
#649 - December 06, 2023, 04:11:25 AM

  • Hero Member
  • Posts: 18151
  • Points: 30
  • Likes Received: 33
  • Reputation: +2/-0
If we learn and make transactions without using indicators, there will be good continuity so that we can get maximum profits, because without indicators we can see the market more clearly because the patterns are reflected in the candle patterns that occur in the market.
#650 - December 06, 2023, 04:48:16 AM

  • Hero Member
  • Posts: 68342
  • Points: 745
  • Likes Received: 100
  • Reputation: +18/-46
If you don't use indicators, that's something that can really make a profit, but what is clear is that when you decide not to use indicators, you have to be able to work extra. You have to be able to create business opportunities using your own system.
#651 - December 07, 2023, 06:09:01 AM

  • Hero Member
  • Posts: 66356
  • Points: 686
  • Likes Received: 58
  • Reputation: +53/-46
In my opinion, if you don't use indicators then you have to be confident in using price action because when you don't use indicators there is still the possibility that you can be consistent by using manual techniques such as lines or using patterns and that is more important than using indicators.
#652 - December 10, 2023, 02:51:33 AM

  • Hero Member
  • Posts: 18151
  • Points: 30
  • Likes Received: 33
  • Reputation: +2/-0
At first trading without indicators might be very difficult. There are many market temptations that make us want to quickly open a position because trading without indicators creates many opportunities and quickly achieves profits. but often if we trade without indicators it actually gives us more profits.
#653 - December 10, 2023, 03:11:24 AM

  • Hero Member
  • Posts: 68342
  • Points: 745
  • Likes Received: 100
  • Reputation: +18/-46
Of course everything is possible if you don't use indicators as long as the system you use has gone through long trials using a demo account or maybe using a real account before, but you have to remember that when you don't use indicators, the only tool you have to use continuously is  continuously and don't forget is the use of money management and risk management.
#654 - December 13, 2023, 12:38:19 AM

  • Hero Member
  • Posts: 66356
  • Points: 686
  • Likes Received: 58
  • Reputation: +53/-46
I agree when you don't use indicators because in my opinion using indicators is only for beginners, a professional might only use indicators but only as a complement, just like when you see a professional only using stochastics or only using moving averages but the rest they will definitely use price action
#655 - December 14, 2023, 02:49:33 AM

  • Hero Member
  • Posts: 68342
  • Points: 745
  • Likes Received: 100
  • Reputation: +18/-46
Of course, all of this can be done as long as you have your own system and as long as you have tested it with your own system.  However, not using the indicator is not dangerous
#656 - December 17, 2023, 01:25:12 AM

  • Hero Member
  • Posts: 66356
  • Points: 686
  • Likes Received: 58
  • Reputation: +53/-46
In my opinion, if you trade without using indicators, there is no problem. The problem is when you don't use indicators but you don't have any knowledge. So you have to be able to choose one of the knowledge that can be used as the right trading system.
#657 - December 19, 2023, 04:36:27 AM

  • Hero Member
  • Posts: 68342
  • Points: 745
  • Likes Received: 100
  • Reputation: +18/-46
If you decide not to use indicators, this means that you must be able to use proven techniques where you have researched these techniques and convinced yourself that these can replace indicators in understanding and analyzing the market.
#658 - December 22, 2023, 03:19:59 AM

  • Hero Member
  • Posts: 66356
  • Points: 686
  • Likes Received: 58
  • Reputation: +53/-46
If you choose to trade without indicators.  I don't think there is a big problem, the important thing is that when you don't use indicators, you have the insight to analyze correctly. You have the insight to analyze well.
#659 - December 25, 2023, 05:01:10 AM

  • Hero Member
  • Posts: 68342
  • Points: 745
  • Likes Received: 100
  • Reputation: +18/-46
If you choose not to use indicators, that is a good thing so that you can learn to understand price movements correctly and I believe that using forex trading does not always use indicators.
#660 - December 27, 2023, 02:05:33 AM

Members:

0 Members and 2 Guests are viewing this topic.