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Are Indicators reliable?

Discussion started on MT4 / MT5 Indicators

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many people assume that a person can trade well without being treated with a strategy or something else
My personal experience is very difficult without both
hopefully understand
#46 - February 14, 2019, 06:18:56 AM

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trading without indicators is best,  because if you are addicted with indicators, thatmeans, your subconscious mind a is  playing with you and then you response like gambler,,,,so its my advice please dont rely on indicators,,,,
I agree with you, sir

indicators are only aids in trading the main moment or market that supports a trade
#47 - February 14, 2019, 06:20:47 AM

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depending on where we look at it. traders who already understand the performance of indicators must strongly believe that indicators are a tool to describe the situation of market movements in the past that can be used as a reference for making trading decisions. but for traders who are new to forex, they still consider indicators to be the direction of the next market and this thought that makes them fail and suffer losses.

therefore for those of us who want to use one of the indicators, we should first learn how the indicator works, whether it is suitable or not with the trading style and strategy used. don't use too many indicators that eventually make your head dizzy to see the forex chart full of various colorful indicators.
#48 - February 14, 2019, 09:43:27 AM

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depending on where we look at it. traders who already understand the performance of indicators must strongly believe that indicators are a tool to describe the situation of market movements in the past that can be used as a reference for making trading decisions. but for traders who are new to forex, they still consider indicators to be the direction of the next market and this thought that makes them fail and suffer losses.

therefore for those of us who want to use one of the indicators, we should first learn how the indicator works, whether it is suitable or not with the trading style and strategy used. don't use too many indicators that eventually make your head dizzy to see the forex chart full of various colorful indicators.
I also agree with your opinion, the indicator is only a tool that makes an indication, for example BMKG makes news about weather forecasts, they only make an indication of the aid of the equipment installed but later it rains or not, they cannot be sure
#49 - February 15, 2019, 01:12:02 AM

paidto

I also agree with your opinion, the indicator is only a tool that makes an indication, for example BMKG makes news about weather forecasts, they only make an indication of the aid of the equipment installed but later it rains or not, they cannot be sure
it is a very good parable, if for the mister himself during trading, what indicators have been used / might be able to teach me about indicators



#50 - February 18, 2019, 02:13:10 AM

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the core that you convey is only limited to knowing the direction of the goal

which means if there is no direction we will get lost
yes, indeed the function of the indicator is like that, friend.
the indicator is mandatory for traders.

to determine decisions and reduce the risk of loss.
#51 - February 19, 2019, 04:19:51 AM

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When  I ended my training few years ago.  My mentor advised me to focus on trading with price action ,he said that I should not absolutely depend on indicators for trading, now, I want to ask, Is it possible for a trader to be using only the  indicator for trading without any other strategy to make good profits in forex trading market?
all strategies and indicators support each other, so be careful when you trade without being supported by indicators.

maybe your senior said that because he already understood and memorized the pattern of candles and also the pattern of grafic so that he no longer needed to use and immediately trade.
#52 - February 22, 2019, 03:36:28 AM

paidto

all strategies and indicators support each other, so be careful when you trade without being supported by indicators.

maybe your senior said that because he already understood and memorized the pattern of candles and also the pattern of grafic so that he no longer needed to use and immediately trade.
if for traders who are already proficient, they may not need an indicator because they have memorized the candle pattern, besides that the candle itself contains a signal in it, so that's why the candle has its own name
#53 - February 22, 2019, 06:52:06 AM

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if for traders who are already proficient, they may not need an indicator because they have memorized the candle pattern, besides that the candle itself contains a signal in it, so that's why the candle has its own name
yes that's how sir, from the names of candlesticks can be used as a signal to determine the entry
#54 - April 27, 2019, 04:28:22 PM

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yes that's how sir, from the names of candlesticks can be used as a signal to determine the entry
but to memorize candle patterns is very difficult to pack for beginner traders
#55 - May 15, 2019, 12:48:36 AM

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but to memorize candle patterns is very difficult to pack for beginner traders
The wax pattern needs memorization to learn it, and also there are many patterns of candles and don't get mixed up, if the pattern is exchanged, the signal buy should actually sell.
So for all trades you need the name grip / help to help us find the Open Position trend / signal direction.
#56 - May 15, 2019, 09:07:13 AM

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but to memorize candle patterns is very difficult to pack for beginner traders
first don't remember everything just a few, for example, just learn one or two there first
#57 - May 15, 2019, 11:41:12 PM

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When  I ended my training few years ago.  My mentor advised me to focus on trading with price action ,he said that I should not absolutely depend on indicators for trading, now, I want to ask, Is it possible for a trader to be using only the  indicator for trading without any other strategy to make good profits in forex trading market?
indicators are only a tool we cannot depend entirely on indicators
#58 - May 17, 2019, 10:43:18 PM

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none of the indicators circulating around the world are truly 100% accurate. Indicators will never give an indication that is always precise and accurate.
#59 - May 27, 2019, 01:50:23 PM

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it is a very good parable, if for the mister himself during trading, what indicators have been used / might be able to teach me about indicators
if I continue to use only support and resistance indicators to help my trading
#60 - June 24, 2019, 12:33:11 PM

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