Forex Zone - Forex Forum

How To Solve Indicators That Give Different Signals?

Discussion started on General Forex Discussion

  • Hero Member
  • Posts: 6978
  • Points: 2
  • Likes Received: 657
  • Reputation: +23/-19
The indicator is a lot of indicators to see the saturation point or indicators to see the current trend. What can you combine them like you combine the Moving Average indicator using the stochastic indicator
#46 - December 23, 2021, 04:59:55 AM

  • Full Member
  • Posts: 111
  • Points: 611
  • Likes Received: 0
  • Reputation: +0/-0
that's the importance we focus on just one trading system and one time frame, this will make us able to filter this kind of thing well, and it will be good for our trading
#47 - December 23, 2021, 10:19:37 PM

  • Hero Member
  • Posts: 574
  • Points: 910
  • Likes Received: 45
  • Reputation: +3/-0
Overcoming the weakness of the different signals has indeed become one of the most annoying momentums, especially when we can't master the chart patterns, so my advice is not to rely too much on indicators, you can always recognize patterns.
#48 - December 23, 2021, 10:29:12 PM

  • Hero Member
  • Posts: 4049
  • Points: 4
  • Likes Received: 260
  • Reputation: +5/-2
Overcoming the different signals is something unique because when you can deal with all the different signals, it will make you happy and usually something different can be used by paying attention to other indicators.
#49 - December 25, 2021, 08:43:39 AM

  • Sr. Member
  • Posts: 346
  • Points: 851
  • Likes Received: 0
  • Reputation: +0/-0
The most important thing we always put forward money management, then if this happens we will not be confused and panic, if we entry it then we will be safe, if we don't entry it better
#50 - December 25, 2021, 10:12:01 AM

  • Hero Member
  • Posts: 2600
  • Points: 165
  • Likes Received: 193
  • Reputation: +1/-0
overcome different signals between using different systems and where you use technical analysis you can use other indicators such as the parabolic Sar or the stochastic oscillator
#51 - December 25, 2021, 09:17:19 PM

  • Hero Member
  • Posts: 2600
  • Points: 165
  • Likes Received: 193
  • Reputation: +1/-0
You can combine several indicators or combine some of the knowledge you have learned for example you use an oscillator indicator you can combine it with Fibonacci retracement
#52 - December 27, 2021, 02:21:17 AM

  • Full Member
  • Posts: 238
  • Points: 743
  • Likes Received: 0
  • Reputation: +0/-0
Using too many indicators will only confuse us in opening a position, because if we use many indicators, each indicator will provide confirmation for an open position, in this case we are confused ourselves, we have to choose which indicator is the reference for open positions.
#53 - December 27, 2021, 11:42:27 AM

  • Full Member
  • Posts: 154
  • Points: 654
  • Likes Received: 0
  • Reputation: +0/-0
I used to like to try various indicators with the intention of learning one by one their abilities. and it's true that most indicators just make you dizzy. but there is a positive side to using many indicators, I can learn about the advantages of each indicator. These many indicators are then included in 2 groups, namely those that give down and up signals.
#54 - December 27, 2021, 11:42:58 AM

  • Jr. Member
  • Posts: 95
  • Points: 595
  • Likes Received: 0
  • Reputation: +0/-0
Indicators that give an indication of rising prices are grouped together and those that provide a downtrend are grouped together. After that, which one is more appropriate, give an indication of the trend.
#55 - December 27, 2021, 11:43:38 AM

  • Hero Member
  • Posts: 2360
  • Points: 2
  • Likes Received: 200
  • Reputation: +4/-0
The indicator will definitely be on every indicator 1 with other indicators to overcome that you don't have to use too many indicators, just you recognize or study candlestick patterns.
#56 - December 27, 2021, 09:12:33 PM

  • Full Member
  • Posts: 238
  • Points: 743
  • Likes Received: 0
  • Reputation: +0/-0
In my opinion, with indicators that give different signals, we should not rush to take action rather than end up being disappointed, before we entered an open position, of course we had a plan first in analyzing and it turned out that the price was exactly what we wanted and the indicator signal was different. I'm still better off waiting to let the indicator signal give the right signal according to our plan.
#57 - December 28, 2021, 11:41:47 PM

  • Full Member
  • Posts: 154
  • Points: 654
  • Likes Received: 0
  • Reputation: +0/-0
In my personal opinion, the way to deal with the different signals given by the indicator is to eliminate the indicators one by one. For example, we must be able to classify the main indicators and auxiliary indicators.
#58 - December 28, 2021, 11:42:37 PM

  • Jr. Member
  • Posts: 95
  • Points: 595
  • Likes Received: 0
  • Reputation: +0/-0
The supporting indicator function actually only supports the main indicator to provide a more accurate signal. So you can wait for the supporting indicators to be the same as the main indicators or the main indicators to be the same as the supporting indicators and then enter
#59 - December 28, 2021, 11:43:47 PM

  • Hero Member
  • Posts: 2600
  • Points: 165
  • Likes Received: 193
  • Reputation: +1/-0
there is no problem with that, the important thing is that you know how to make it easy for you to get maximum results by using several indicators, indeed when you use one indicator it will be difficult
#60 - December 29, 2021, 03:21:53 AM

Members:

0 Members and 1 Guest are viewing this topic.