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Hi everyone.

I've examined indicators for very long time. Especially if you are trading often, they would increase your winning possibilities.

While some months i've learned how to code Pine Script on Tradingview and backtest with it. But i can't get good results even if many combination of indicators.  :-\  When i look at past data manually, it works smoothly but this data retrospective and indicators can't drawn in future.

I wonder is there anyone who succeed on trading with indicator/combination of indicator/special strategy.

I'm open to discuss all ideas.  

Indicators can increase the probability of making profit in trading, but it deos not 100% guarantee that if a trader use them to trade, that the trader would win. Indicators are just some things to know in trading but strategies is what that is most important.

If you have 100% money, use 10% or less to trade.
You can start a trade with averaging. If you win, you close the position. If you are losing, you will wait until your indicators tell you to increase the leverage. You can start a trade with 0.2x and increased it to 1x. That is averaging.

Averaging may still fail, you need to not let emotion to control you. Trade with the amount of money that you can afford to lose.

I'm not a trader but I think I can understand the situation you are going through. You must have thought that by doing TA (Technical Analysis) you can predict or guess the future price of some token easily. But the prediction of the market is not solely dependent on TA instead you have to do FA. And if you think that Past data works fine for you then you should follow the methods that work for you.

But keeping an eye on the Fundamental elements is most necessary. As if I am trading in BTC then I prefer to be dependent on FA more and less on TA. But just clarify, if this idea works for me then it does not mean that it will also work for you too. We all have different mindsets and different solutions to problems. Then try to do it your own way and do not rely solely on TA or any indicator. Because at the start things are not that straight that you just have to draw some lines here and there and you can time the market accurately.

Whenever there are big investors coming, it's somehow difficult to see the patterns of the indicator's reaction. Normally when RSI says oversold, it has to bounce but it just keeps rolling down, and comparing it to its previous bear market, it's not following the timeline. The market is unpredictable and you'd be surprised if it is instead dwindling down while you go long.

Combined with more indicators, you may find yourself analyzing it too much when in fact you just have to wait and hold. Having too many indicators will prevent you from executing your trade for you will overly analyze the market. They call it Analysis paralysis.

This. Some people think using technical analysis indicators means that your trades can end up being right with like 80-90% accuracy when done correctly, which is simply ludicrous. In reality, at most, probably a bump up of an extra 5-10% in terms of chances of being right. Doesn't sound that big of a bump, but that extra 5-10% win rate stretched out to hundreds of trades, that number suddenly becomes very relevant.

If you want to know what market is likely to do in the future you use longer hour time frame. Weekly and monthly market watch is very important in this. Although the direction can change with news and the whales manipulation which are all part of the trade which makes trading what it is. No technique in trade is perfect to 100% but if you can get accuracy of 50 to 70% then support your trade with stop loss and you are good.


Combination of indicators is good because it help in guiding you towards market direction. For example you will be riding on the market like you are on the sky with some gadgets giving you hint on where you are, that is just like trading with the right kind of indicators but to cluster your trade with indicators is to confuse yourself. It is better with few combination of indicators than to cluster yourself with indicators.

Indicators doesn’t mean it’s a sure win. It just helps you to make more accurate and good trades. In other words they just increase the probability of making profit for certain trades. Now if a trader completely rely on it, then nothing can be done. Trading is basically done with market analysis, so if you don’t do the basics and just trade along with the indicators then no one can save you from getting into losses.

We are humans and we don't see everything that is happening in the market just with our necked eyes, There comes the need for indicators to enhance our view of the market and to get a clearer picture of what is happening in the trending market.
Generally, indicators are not useless rather your profitability can depend on how well you use or apply them to your chart.

For instance, I love using Fibbo and RSI indicators. Just by merely looking at the Chart using the market structure and patterns you would have difficulty identifying when the market is oversold or overbought but using an indicator like the RSI spares you that stress, and there is even a way you can twist the settings to your benefit.

As Op, you consider that the indicators greatly improve the possibilities and the effectiveness of the speculations but there is a need for proper implementation of the strategy. Most of the time you should not be fooled by the indicators as not of the indicators guarantee efficient results. If the indicators and your implementation have not worked for a long time maybe there is a need for an upgrade in the strategy, or maybe according to the market sentiments you need to review the strategy.

If still does not work buddy you should add a few points to track a few of your old trades and try to analyze what's going wrong, One of the points you are already following asking for mentorship or guidance, lastly you can even consider the diversification on a single position.

Technical indicators are relevant because on how you would really be that tending to deal with this market? Via pure guess? Via intuition and guts? Of course you would really be needing on having that kind of

tools or whatever you would really be using which you would really be needing on making use of these technical indicators or else you would really be just simply doing gambling if you do have that kind of behavior on doing trades without using any of those. The most common things which you could really be able to make use in speaking about analysis then it would be TA+FA and since this market cant really be having
that news or sentiments anytime then this is the time you would really be using about technicals. It doesnt works? Yes not all the time but taking up some entries and exits basing up on those indicators is
much more better rather than on making positions without any basis because it is really just that pure gambling.

Bare in mind that it doesnt really give out guarantees that those analysis would be precise or not, market is unpredictable always because if those indicators shows precise analysis
then all of those people who do know on making use of it would be rich by now.  :-*

Indicators work well for traders who know and understand them. You simply have not yet understood indicators properly that is why it has not worked well for you. Do not try to understand many indicators at once, make sure you really understand one indicator before you try to learn and understand another. Knowing too little about many indicators will not give you good trading results. Knowing much about a few indicators will increase your chances at having a good trading result.

You would really be able to find for yourself or with your very own eyes on how relevant this thing is.We know that TA's arent really that fully reliable and doesnt work most of the time and i do agree
in some words on here mentioned on some posters above that if it was not really that useful at all then we wont really be seeing those things flooding around or been offered to be a tool.
5-10% profitable chance is already that good compared into having less or just basing up on doing actions without any basis.

On using up technical indicators then it would really basically be showing you some potential entries and exits on which you could really be able to utilize things if you do really have
that knowledge on how to make use of it. You would really be finding its worth on the time that you do step your foot into the trading field. Its not really that something
good to look at on which you are involving yourself in trading but doesnt have the learning and idea on what you should gonna do.

Not all, I say. Why? It was not because we used trading indicators we became successful or earned more, some did it but there are a lot of traders who fail as they don't know how to use it. It needs constant practice and trading experience, so if you are new to trading never think it will work effectively. Technical Indicators become useless if we never use it in the right way and much more if the user doesn't even know to trade itself. But if you have knowledge about it, this will increase the chance of earning.

Indicators can be used as additional confluence of your strategy to increase it's probability. There are traders who only use one strategy such PA traders, Fib traders, and SNR traders. And also they are profitable. How much more if combined this all in one trade. However, you still have to backtest your strategy because it will not work immediately, we have to filter out what combination of strategy that will work. In this way, the chance of winning in trading will surely increase.

Not completely useless, but they can guide you how the market might move. Not 100% accurate, as we all know, suddenly the market can change the trend. Technical indicators are more like weather station tools, they can try to help predict how the weather might be based on the patterns and historical data, but the predictions are not always 100%

I use technical indicators mostly to help me with risk management. The goal is to stay longer in the game while making small profits. Not getting rich overnight.

I tend to agree with all the comments above, in short, the market is unpredictable.
Technical indicators are just tools that you can use in trading and increase your chances of winning but it doesn't mean it gives you a full guarantee of making a profit.  It is not useless, sometimes traders have a better result upon using this.

It would be good if you would mix it up the technical and fundamental indicators because sometimes the price can be predicted based on previous data as you've said.  IMO, indicators can usually generate false signals, which might lead traders to make incorrect trading decisions, and crypto markets are often influenced by news, social media sentiment, and external events, which can override the signals generated by indicators.

As the name implies,  trading indicators are there to provide you with the necessary tool to making a better informed trading decisions,  and this will increase you profit chances,  and it helpful if you are good at a personal analysis of the indicators because, on some occasions,  you may have to adjust some perimeters to set the tone since trading indicators doesn't guarantee 100% profits.


And as a matter of fact,  trading indicators or signals may even be a trader dead trap if not properly and carefully handled and studied,  so indicators are tools to be used in other to speculate the market properly before opening a position.

Don't rely solely on indicators only when taking  trading decisions because majority of those indicators lags, however you only needed one or two indicators probably Moving Averages for trend direction and RSI to determine if price had reached overbought or oversold region, candlestick patterns or formation itself is also a Technical indicator if properly studied, formation of the candlestick patterns and it Price Action around Demand and Supply zones or resistance and support zone will reveal if a price reversal is imminent, however it requires a lot studies to master it and avoid using many indicators because they would give conflicting signals.

No hasty trading because hasty trading is likely to put one in trouble. So you have to do analysis of what your indicators are telling you against the market and you watch different time frame too, candles are also good for a good understanding of the market. Basically you have to understand the market using simple indicators to analyze the market so that you can ride it easily. But jumping in without proper analysis, you can't be lucky all the time.

100% agree
This is the point of indicator and that is why it is called an indicator guys It only indicates a possibility and I do believe there is no indicator that 100% works all the time Basically what makes an indicator work is that people believe in it.
In my opinion.
Let's say there are 1000 people who that believe when ema 100 crosses above ema 200 is bullish or what we usually call the golden cross when there are a lot of people who believe it tends to bring the prices up. so when people do not believe it much or there is another thing the golden cross could actually fail.

Backtest is the best way to indicate how much win percentage that tells us how the indicator works.

If you think indicator useless or you scary to take the riks dont take futures trading or dont take trading at all

So you backtest your trading method and it works better compared to recent trades, or did you manually test each indicator on past data? Which combination you've done so far? What are your order settings? Maybe people can help you better if we know the exact trading algorithm/settings that you use. Using too many indicators can give you extra trouble since some of them can be contradictory.

That being said, you should not expect a consistent success rate if your data sources are not comparable. Like, if you compare the backtest to short-term trading, it is likely that the result would look horrible as mentioned above. CMIIW.

Basically, the indicators that we master can help our trading, but not all signals displayed by the indicators will always be correct, therefore we must be able to know them and take action to save our trading. Sometimes in one trade you combine several indicators, but if you use many indicators, it will actually make it difficult for us, because not all indicators will display the same signal. Therefore, by studying the characteristics of indicators and not breaking the rules regarding what we understand in terms of their strengths and weaknesses, indicators can help us

Actually i was looking for a backtest tool and then i found an algo-trade platform which includes free backtest tool. I had to set some basic strategy on this website's interface to test indicators.
A few type of strategy on my mind. One of them, buy when drops.

Let's start with simple one. When price down of BollingerBands(30,3,low) lower band then buy on 5 mins timeframe.

https://i.ibb.co/m5bcpp5/Screenshot-2023-09-13-at-11-29-38.png (https://ibb.co/HTBHZZT)

So on interface i've set it like that.

https://i.ibb.co/phf92wv/Screenshot-2023-09-13-at-11-43-02.png (https://ibb.co/1zrwZQf)

For exit, if price > SMA (middle line of BB) | %1 Stop-Loss | %0.5 Trailing Stop Loss activation and %0.3 Follow Distance | x10 leverage

Besides of backtest, there are live test (virtually). This is the results so far.

https://i.ibb.co/gWPc5gL/Screenshot-2023-09-13-at-11-47-24.png (https://ibb.co/SmdZhv4)

%61 succsess rate, %0.1 average profit.  :-\

Or i keep using Martingale strategy :)

Yes of course i dont expect %100 success rate. This method is good, but it requires a good amount of liquidation. Some point market will crashes deeply and liquidation would not be enough when it happens.

Actually i was looking for an algo-trade way with indicators. I don't know if we can determine drops with indicators, so we could be avoid from them with acceptable losses.

No serious trader will claim that he is a successful trader without using indicators but the time matters a lot. Have you ever used an indicator in a bull run? You will find out that they are not as important as you think, they won't help a lot because many coins will be on a speedy mode at any news, more of fundamental than technical, this is why you need to play your game very well in bull run but in a bear market, you will need it more than anything because all the coins that pump during the bull run will all be down by that time, you need technical analysis to monitor the next move of the market.

Nevertheless, despite all your combinations, you should learn how to play trading with your mind and feelings. Whenever you see that the market is not favourable and your indicators say otherwise, you should follow your mind to avoid guilt later, reason is that indicators are not 100% trustworthy and they do lag, the market will have done what you expect before they show you any sign of move.

Agreed, beginning of 2020 i used algotrade that created with indicators. It amplified my gain relative to marketcap. The algorithms I used in the bull run gave terrible results when the market was flat or in a bearish period.

My conclusion for this experience, strategies should be dynamic not static. There should be a switch for strategies according to market direction bullish or bearish. So main strategy should be define to market situation and strategy that i use needs to change.

Indicators are tools which are essential for traders especially if you are a beginner, they help your strategy work when combined properly and applied where they should. Beginners usually trade in a mechanical pattern of trade hence the essentiality of indicators to keep them staying to their trade plans or models, some may want to combine several indicators while the others a few whichever is fine.

As a professional trader you will want to use few or more indicator based on your dynamics, this could be regular indicators provided by brokers or advanced indicators bought from elsewhere and installed on your chart, any of the indicators can be used and still achieve desired results, but this does not guarantee a 100% success in trading neither failure. With a  proper combination of indicators or an indicator and a good strategy  80%-95% winning trades can be achieved consistently, but not all the time so always know there are good days and bad days in the life of a trader and there is no best strategy or indicators

Using indicators to trade doesn't necessarily mean that your trade can be 100% successful; as long as the cryptocurrency market movement isn't dependent on those indicators, there's no way you can have a 100% win all the time. The cryptocurrency market is usually very dynamic. Using indicators to trade means you have a likely possibility of knowing the direction of the market, but it's not always accurate all the time. Even with the indicator, the predictions are not always correct because of the volatility and dynamic nature of cryptocurrency prices. Also, while trading, don't let yourself be controlled by your emotions; only trade when there is really a strong position to enter. Don't just trade because you want to try your luck, but because you want to make a profit, so don't take the risk of entering a trade that you are not very sure of.

It all depends on the kind of Market you are trading or else you might be seeing similar loses with time until the market comes to full volatility. Indicator can be very useful if we know what we are doing and how to go about our market analysis. Don't need to stick too much on indicator but we can simply add it to the techniques we use to analyze the market and make proper decisions on our trades.
I have used do many indicators but what I know so far is that they can lag on real time basis. We can back it up with other tools that will make it unique.

You would really be finding for yourself on the time that you would really be stepping your foot into this market on which you would be finding the relevance of these technical indicators on which you would really be

primarily be looking up for these things because you cant really be to draw out some analysis without the making use of these tools which i could say that it would really be that highly relevant for someone to learn up these things because you cant really be able to handle yourself within this market without knowing these things. You would really be needing for you to sustain and able to read up somehow on where prices could potentially go even though it wont really be that 100% precise but at least you do have the idea on where it could potentially go. I do agree on some sentiments that having no analysis when it comes to price predictions are really totally considered to be gambling.

It would be always suggested that you should be having that technical approach rather than on having nothing at all and also not all the time that this market could really be having some news
on which you could rely or depend on.

They are not useless, you just need to find which ones work for you the best .People think that there are indicators that could make you profit easily, but the reality is that we are talking about a situation where it will take a while to get that done, and it is not that way and it is different.

I personally believe that we are going to end up with a situation that would be different, and I hope that it can get to a point where we could make our personalized versions. One indicator could work amazing for me, but terrible for you, and meanwhile another indicator could work amazing for you and bad for me. This means that you need to find what works for you the best and you could make a good strategy based on that one.

Technical indicators are not useless but I believe the reason why you are not getting good results is the current market momentum posed by the market which is nothing showing to be the reason behind the market trend.
I always advise people not to use indicators in this current market cause the best thing to do is analyze the market with the previous trends of the market before halving the year.

Most of the technical indicators are passive ones and they are formed when the price has already performed certain patterns. They do not give a clue for the future prediction of the price.
These include the most commonly used indicators like moving averages, RSI and all many others. Most of them are used by the retail traders.

If you want to predict the price of bitcoin and other crypto currencies, you need to know the price action trading. Understand the price action is an art and it only comes with experience. However, once you grasp the price action trading, you will become a successful trader.

Indicators are not a guarantee of making a profit, but they are important for increasing profits in trading so that they are more accurate. Indicators are one thing that needs to be learned in trading apart from strategy which is something that is quite necessary.

Usually I use indicators to see to what extent risk management can be minimized in adjusting to market conditions. Indicators are not something that determines but rather create a road map for us before deciding to trade. The combination of the three may be quite useful for increasing profits in trading, but it does not guarantee extract profits every day.

Well, there are many indicators that you can use to trade better, but as far as absolute confidence in the indicator is concerned, I don't think any indicator can give you a perfect signal. I have often seen people using different types of indicators, that is, combining three or four indicators to try to predict which direction the market might go.

However, I have my own experience with indicators, as I have used many indicators. Almost all indicators give you a signal, but you get a signal when the market has gone up or down. That is, there is a big difference between market movement and signal, meaning that the signal comes much later, the market movement starts much earlier. I only look at overbought and oversold from RSI. I have not found good accuracy from any other indicator. However, some people try to get good signals after using different indicators together, and some are successful.

For me, technical indicators are not useless; they can somehow give an indication of when to buy or sell or where to take a short or long position. That also depends on us, of course. But not in all cases is it 100% certain that it can give profit to our individual traders.

Just like, for example, if I use the moving average, it really tells me when I should buy and sell. It also helps me identify support and resistance to take action in stop loss so that I can earn from my trading activity. But of course we have different ways of using tool indicators, which is also good because we know something about them instead of always relying on guesswork in trading. We still have a different understanding of trading.

Just as there is no end to the acquisition of knowledge, there is no end to the development of technical analysis. The more knowlegde about technical analysis, the better he can perform. And those who have little knowledge about this but want to perform well through it are the ones who face loss. And these kinds of people will say that technical analysis are usless. But Yes it's true that there is no guarantee about 100% surely you will get profit here by this. It should be reminded that trading is not quick money making scheme.

Who ever said so?

It's good that you collected that data but analysing that and drawing a conclusion and predicting a future movement is a different ballgame.

Indicators are only used to "indicate" the market trend and good for commenting on the past markets while having the current data at hand. They are not what can help you to make a correct prediction but a 50-50 prediction only. If the former was possible people would be trading to make money and not work their rear off.

Use the data to make predictions on paper and see how much you are getting correct and you will understand my statements. Technical analysis is itself a pseudo-science and therefore take it with a lot of salt.

Technical indicators are nothing but predicting the future movement of the market based on past movements but it doesn't mean the market will move exactly in the way you predicted. Even the results will change for different sets of indicators which is enough to prove that it is not accurate in predicting the movements. So when you tested the market favorably for you but it didn't when you implemented it in real time but it doesn't mean the strategy is not working.

It may work in future trades so it all depends on how long you can survive in the market which is subjective with the capital you have and the amount you allocated for trading.

Trading is a business for many of us, and it requires different tools for various types of trading. One important thing newcomers often overlook about Technical Analysis (TA) is that it's not the 100% decision maker but a helpful tool. Relying solely on TA for success might not be entirely sensible. While you might have faith in TA, remember the crypto market isn't at the stage where it can be the only tool.
If you need more information, a good approach is to use search engines like Google, which were created for this purpose.

Well that's true and in my view, indicators are not a tool to bring you to a definite profit because these tools work according to the market conditions that are happening, and they give us a little idea of where the market is going to go next, for example what we often see is the support and resistance points, some indicators have shown it to you. This is not something that can give you a definite profit but with this tool it will be able to help you more in doing analysis, especially technical and some clues from indicators that you can match with the strategy you have to then achieve your profit target. But sometimes like there are some traders who are like deceived by this tool, therefore before you use it as a reference material you also have to learn how this tool works to help you, and my advice is not to use too many indicators on your screen because it will only make you confused to make a choice between buy or cell, so just use one or two that you think have a more important role to help you.

And yes it's true as you say even though using indicators but still for the problem of the results it will not always match what you want, the market is very volatile so maybe this is just a tool to be used as a reference only to make it easier and give you full confidence to open an entry, I think that's all.

I quite understand your frustration and this is one of the reasons why I advise traders against backtesting, it's just fake, and it doesn't work. The candle pattern or indicator you are backtesting would appear perfect, but before they look the way you see them, they might have passed through some indecisive conditions that would be hidden from backtesting, hence the reason why people fail with it. The best is to forwardtest any strategy you want to use, it helps better that way as you can know how it works and get to manage its weaknesses in real-time.

Also, you might want to tell us the indicator you are using that failed you, it would have helped better in advising you. Nevertheless, from my vast trading experience, I will advise you to shun most indicators, especially those that move with the market price, they will mislead you. Just learn only the good support and resistance strategies and it shall be well with you.

In trading there are no professors, everyone is required to learn and increase their knowledge to be able to remain calm in making every decision so don't give up just because the back test you did on the indicator you are using is not successful at the moment, apart from that i also remind you to focus Just stick to a few indicators that you feel comfortable with, the more you use various indicators, the more difficult it will be for you to determine which indicator is suitable for you.
i'll give you an illustration, when you sharpen a knife to make it sharp, focus on that one knife, don't change it, you will only make more knives that are not sharp if you keep changing knives, the same goes for indicators, just focus on the few that you feel are suitable for you, continue to develop and sharpen your instincts when using those indicators.

Yes, the use of indicators increases the chances of getting a profit, but at the same time it cannot guarantee 100% compliance with the result. You should understand that even if all the indicators you use indicate that the price of the coin should increase, but if negative news breaks, its price will move in the opposite direction.

Individually and apparently yes. They are wasted when used in solace but if you can combine the relevant indicators into a trading system or strategy then obviously it can be a game changer. But yes obviously very few people can actually make it profitable.

Would really be lots of trial and error i should say because even how good or relevant the indicator is but if you dont know on how to make use of it then it would be still useless.It would really all matters on how well you do

mix up a set of indicators for you to be able make your own analysis on which you would really be able to take advantage even though it wont really be giving out assurance for it to be precise but at least you do really know on what you should gonna do. Its not useless and you would see its relevance on the time that you would step your foot into this market, we cant really be always having that news and sentiments on which you could really use on your analysis or would really be applied into it.Therefore, you would really be still end up on making use of those common indicators which it is ideal rather than on having nothing at all.

It wont really be useless on the time that you would be deciding on going into this market. You would see its relevance and usefullness on such situation on predicting price
on where it could potentially go.

I guess I have posted this somewhere else. Recently, I found a free technical indicator, and I thought it was a scam because they usually ask for a premium subscription, which is why I always think those are scams. I followed their signals and thought those signals would be 100% correct, which was later proved wrong. I don't blame them since they also say they do not guarantee all trade wins.

Now answer to your thread title: No. Those are not useless. It can increase your winning possibility, but nothing is guaranteed. You have to do the money management, and you have to use your strategy when lost trades come.

As with all things, the more things that you take into account, the more you have rationalizing and reasoning your decision.

If you are making trades based on a single technical indicator, the reliability is a lot lower than finding multiple technical indicators telling a similar story.

Taking into account short term fundamentals and multiple technical indicators can be a lot more reliable than just trading on what you see from one or two technical indicators.

I really think you are falling victim of overfittting, also called curve fitting, basically you are using the many different indicators to create a strategy that fits too closely to the past data and it may seem to give you incredibly predictive abilities, but when you actually test it you notice it has not predictive ability at all.

How to counter this? Simple, stop creating strategies that have a very high degree of accuracy, use less indicators and leave a portion of the price data out so you can use it to test your new strategy, so if for example you have 5 years of data, then use the first 4 years to create your strategy and use the remaining year to test how your strategy would perform at the time.

Trading indicators estimate where the price will move, but it does not guarantee accuracy because it is difficult to know the actual direction of market movements.
But with this indicator, especially if you draw a line based on movements in the previous day, week, month or year, you can find the pattern of the direction of the movement.
Usually, traders only master a few indicators in trading and master them more deeply to determine when to enter and exit the market.
I still can't determine the direction of market movement so I often experience mistakes in trading, but I think that's okay because I can still learn more.
But be careful when using indicators because we know that the current direction of market movements is not easy to predict.

There are many successful crypto traders out there. I don't know what they're using, but I believe it's a combination of both the indicators, plus the news that's happening globally.

So to answer your question, yes I believe there's many successful traders out there who are using indicators, but I don't think that they're only using indicators because the fundamentals can also be a factor when it comes to price movement.

To answer your question regarding indicators being useless, if it's useless then no one would've used it when they're trading. In short, it's still useful. There are some traders out there who are solely using technical indicators whenever they're trading, and there are some who are also using the fundamentals then they're deciding base on it. However, the problem with some traders is that, they think Technical Indicators as like the answer to their problem. Like if they use these indicators, they will have a 100% chance that they will always get profit whenever they're trading. Technical Indicators increases your chances of getting profits in trading however, it isn't guarantee that you will win even you use it.

We often commit mistakes because of the nature of the market. Even though we have in trading for many years, mistakes still happen but it is not that bad when compared to those traders who have less experience and knowledge about using indicators.

Yes, I certainly agree that we don't need to have a lot of Technical indicators but what we need is the indicator that we think is applicable to us. By mastering it and applying it to our trade, we can also expect different results.

Only technical indiactor isn’t useful to give good return on trading .We all know trading is a difficult way of earning .Crypto trading is much and more difficult than any other trading .We all know crypto is always volatile so that if you depend only on technical analysis ,it won’t help you much to get a good return .I think you should also try to learn fundamental analysis ,price action etc. If you gather everything and apply before trading the accuracy will be high to give you a positive result on trading .So that don’t depend only on technical analysis .

If it's useless, then it shouldn't have been created.

You are in charge of your own strategy. If you believe that certain technical indicators are not necessary for your success, then they are indeed useless to you. However, take a look around and study how successful traders operate. They use technical indicators and analyze them effectively, which is why I would say they are very useful for achieving profitability.

Making mistakes because of changes that occur in the market is normal.
That is why we must continue to improve our analytical skills by learning more about using indicators.
But we don't need to study all of these indicators, especially if we only use a few indicators that traders commonly use.
Studying these indicators until we really master them can help us to analyze where the market will move.
And it will be useful for us in following changes in movements that occur in the market.

They are useless if you don't know how to use them. Indicators are only a small part of trading, so those who think indicators alone can make them rich quick are crazy. Trading is still far from investing. Maybe you will have tons of delays to perform a trade if you are still a beginner, but don't worry because every pro traders do also start with that.

We have lots of indicators. I think this is because like you said, a few might work for some while the others won't. Trial and error is the only way to figure it out. I am not sure if we can create and add our own personalize indicator to the existing ones but even if not, we can still promote it on other place so that others can try it.

This much is what i can agree with, technical indicators isn't entirely useless, it might really useful for knowing current circumstances that majority of coin were in, and seeing what trend is currently on a market is also one of the most essential thing.
its just I guess market are becoming more and more strange, i think most of the time right now market are straying away from the general text book about technical analsis in which it could means that we need to make some improvisation here and there considering the fact that technical analysis might not fully determine which direction market will move.
therefore I guess there gonna be differing opinion.

In short, it is really important when you are trading.
The fact that we can trade even if we don't use any technical indicator or without analyzing at all, it's fine. But it's like you are just gambling, you don't have any basis. Because you can just easily open a trade.
I rather have a reason why I opened a trade than nothing, and technical indicators is another way for it.

Of course, it's possible. I have been achieving an annual return of over 60% through my metrics for the past 5 years.

We must use metrics for the following reasons:
1. Data doesn't lie.
2. Forgetting the past will lead to disgrace.
3. Data is necessary for managing risks.

Technical indicators or technical analysis are the main foundation for knowing the direction of trading.
Trading without analysis is like a blind man walking without a stick, without knowing the way and not knowing where to go.

There are even many beginners who do it just by guessing like gambling and they usually use futures trading which we know is more risky than spot trading.
It's risky enough when beginners don't know what they're doing, just wasting their money on a bad experience without any research.

Yes, that's true and even people who just guess like gambling will lose their money in trading and then say that Crypto trading is not promising, but there are also those who learn from scratch on the contrary.
Basically, in trading, technical indicators are the main thing that must be understood to help provide buy or sell signals so that the trading we do is a correct business with clear references, not just guessing.

To be honest, if you are a trader and don't use any technical indicators, I don't think you will be successful, or I am not sure if you can call yourself a trader, maybe you can call yourself as gambler, not a trader.
Agree taufik123 about trading is the main thing in trader and it is a MUST to learn.

Nah. Indicators are just like a programmed mathematical and standard instrument that shows the big men in the crypto space what you're doing. Trust your strategy. Rather than I using indicators, I preferred going with the strategies provided by some exchanges like the sniper range or even going into copy-trading.

Keep in mind that all trading professionals employ technical indicators. Most people use it since they are aware that it can indicate, at the very least, the foundation around which a certain trader would make their prediction. If there are no instruments to base it on, we cannot just hazard a guess.

These signs appear to be comparable to a map, where we as navigators use a compass to decide which direction we are traveling in and where, even if we get lost, if we have a map, we will know which direction we are traveling. I hope you understand.

Naked trading is something that could be possible but only on the time that you are professional on reading up a chart without making use of any indicators on which you could really be able to spot out those patterns on just simply looking those candles.Yes its possible but the knowledge and experience/skills that must have is on professional level and this is why it is really that possible on having this kind of trading method but if you are really just that starting and trying out to trade without having those indicators or doesnt even know on how to read up those green/red candles then you are just
simply doing gambling.You would really be finding the relevance about those indicators on the time that you would really be able to step your foot into the market. Your mind would be telling that
having no indictor should suffice but you would really be having a huge question mark on your mind on how the heck you would be able to read up the price movements if having no indicators been used? You would really be able to tell the relevance of these things once you do decide on trading with the market. It cant really be just that possible on doing such thing in the first place.

Technical analysis and technical indicators are really necessary in trading or for us to make predictions for the market. But that doesn't mean that what they show us will definitely happen or that the market will move according to our analysis. For me, technical indicators only work at a relative level in this volatile market, they are not even effective because the market's volatility does not completely depend on supply and demand. The market is full of manipulation so never trust technical indicators completely.

There are many people who still practice such guesswork, even though trading is not for playing around.
Beginners who do so and only rely on their feelings will result in losses and eventually think crypto is a terrible place and does not promise anything.

Technical indicators in technical analysis are the main reference or main tool used to make predictions.
Without using it, there will be many risks, traders are required to use it even if they only know the basic knowledge.

LOL, I just heard about Naked Trading. It's quite interesting, that professional traders no longer need complicated chart reading.
Just by looking at the candle positions, he will know where the market is going.
However, the accuracy will certainly not be as accurate as when combined with technical indicators.

Of course, technical indicators will not be completely correct, it's just a preliminary reading to know where the market will go, and it will not have 100% accuracy.
It can also be combined with a Fundamental Analysis of how news works and how manipulation is done, which also needs to be considered.

We must remember that technical indicators are calculated based on the way the market moved recently, this means indicators can tell us exactly what has happened already but they cannot tell us what is about to happen with certainty.

This is where the skill of each trader will make a difference, as two traders can watch at the exact same indicators and take completely different decisions, and while an unskilled trader will make several mistakes, the skilled trader will be able to more accurately predict what is about to happen and take advantage out of that knowledge.

There are times when indicators are very useful and there are times when indicators are not completely appropriate. This depends on market conditions. Sometimes there is a moment where market movements ignore the indicators that we usually use.

Of course, our mentality and emotions must be taken care of when what we usually use and apply in analysis when trading does not apply to market conditions, we must control or stop for a moment to observe market movements. It's better to avoid to maintain balance.

I don't think they are useless. Otherwise, why do they exist and why do people still use them? I am not saying that it's gonna give you a 100% winning rate on trades but it will sure increase the chances and success rate. The more data we can process the more accurate the results are going to be. With various indicators, we are presented with that data. If we can successfully utilize that then the success rate will increase.

Now the thing about them not working sometimes. Well, the market doesn't run on calculations or mathematical terms always. Sometimes the market moves on sentiments. It creates trend hype or fear that could lead to irregular movements in the market. A machine or program having no human emotion can not compete or analyze that market condition. So the results could be unexpected. Also, indicators are not a thing that you should rely on so much.

Indicators are used only to see the market with better perspective. These indicators provide better insights of the market for a fixed amount of time. Now using indicators doesn’t mean you will get sure profits, it’s just use for the better analysis of the market.
Now regarding copy trading, then it’s good, but sometimes it backfires. When we get serious losses due to this, we eventually end up in cursing the person whose trade we cope. Nevertheless, I would suggest to always trade by self analysis.

That's right.

Sometimes that really happens and we don't have control over it. Indicators could work for most times but do not be surprised if they don't work at all.

Avoid the market when you're unsure and even if you use indicators and they seem to be inaccurate, it's best to just take a rest but if you want to continue no one will stop you.

There's no such thing about assurance and precision when it comes to technical analysis and same goes when it comes to fundamentals on which it doesnt really assure that it would really be making out some sure effects

within the market and this is why it would really be just that so normal that you would really be that versatile whenever you do see those unpredictable movement here on the market.
Technical indicators arent useless, it is really just that the market is really that unpredictable and also, what would really be your tools on dealing with this market if you arent using TA just because
you do see that its irrelevant?  Just like on what others been saying that on the time that you would really be stepping your foot into the market then you would be finding that relevant
on making use of these tools because stepping into the market without these things would really be making things harder.

Many traders trade using different indicators and claim to earn good profits. You are right that indicators are used to see the market in a better perspective. As far as I am concerned, some people use a combination of different indicators and make their own assessment from there, or analysis of which direction the market may go, because one indicator alone cannot be trusted. It is not necessary that you can make every trade successful by using indicators.

Sometimes the estimation taken from your indicator can be wrong and you can also lose, because profit and loss is a part of crypto currency here you can earn good profit but loss should also be kept in mind. You are right that trading should be based on your own analysis instead of relying on others, but you will also need some technical indicators to make your analysis and predictions. To improve your profit rate, you will definitely need some tools and indicators for your analysis from which you can take a good guess and make a good trade. That's why I think indicators have a big role to play in crypto currency trading. Therefore, the importance of indicators cannot be ignored.

At the wrong hands is the real answer. I mean how can we assume that indicators would be a single minded thing, we are not talking about a situation where all of the world uses it the same way, some people uses the indicators brilliantly and some people use them terribly. Which is the point here, we can't just say that they are bad or good like they are just one single thing, they are a whole system. If you want to use it well, learn how to use it, and I bet that you are going to profit a lot with them, but if you are terrible with them then you are not going to make a lot of money with them. I believe that the situation is a bit of a different one and shouldn't be considered that big of a deal.

Success in trading is not because we use a lot of indicators or strategies but in depends on how we use them. In fact, many traders only have a few indicators and they still make it because having a lot of indicators makes you confused about what to do next and end up making wrong decisions. I would say that better to try one or two and see the results, if that is effective already and gives you a profit, it is not necessary to look for more but instead, master it and enhance your TA as this is a big factor that would help you.

At least TA has an idea of the movement of market sentiment. Apart from indicators, in my opinion the shape of the candle can also be an indicator of market movements that will occur. There are many kinds of candlesticks, and maybe we have to know and learn about them

https://drive.google.com/file/d/1Hwhqn9PzxSM8GTYzwKjGlrqqpmfHi_z3/view?usp=drivesdk

or you can go to this link to learn or know about candlesticks: https://forexbee.co/reversal-candlestick-patterns/

Conclusions we can draw. Experience, knowledge and insight in analyzing a market by a trader is very useful for them in trading.

copy trading aren't as effective as you said otherwise quite literally everyone would flock into it but the result is definitely far from expectation.
technical analysis in general are good way to understand the market that you're in and knowing the circumstance of whats really going on here.
basically you don't just directly use technical analysis as the deciding factor here but rather you are going to use it to help you make decision.
because the whales also know how to use TA to understand the individual movement next so the whales could take advantage of it.

Well trend and hype is what makes the crypto great right? I mean for over the past years you can't technically predict if the market will move up or down, it's all about the sentiment of the buyers. Technical Indicators are tools we could use to help us in trading, but the problem comes in when we interpret the data in front of us. If we know less about the data we have, we'll get overwhelmed with it making our emotions and impulsiveness be involve which is a bad thing. Now I see technical indicators as guide, but I don't really trust it so I make my own researches whenever I'm trading which I found very helpful on my end since technical indicator holds significantly less when whales are moving crushing what you think is going to happen and they reverse it in a minute. You're right, don't rely so much on technical indicators, use it as a guide instead.

If that is something useless, professional traders won't use that as part of their making a strategy.

The term already says it, "indicators" - means it will indicate the possible next market move. In that way, we can somehow form a good approach to what will happen next. It's always good to rely on all factors we can use to increase our winning rate.

The crypto market is already volatile and we don't want to just predict everything because of emotion.

Yup, I guess that's the key on this market and you've said it about being versatile.

So as flexible as the others, we need to have various strategies whether they're TAs, fundamentals or etc that will help us with our trades then that should what we should be applying to ourselves.

Honestly, it's hard to survive trading and I've done that and got only few percentage of good trades and that's why I've stopped. I'm just trying to get back again and that's what I am applying to myself.

I won't count on that too much tho. Trend and hype, these two are so dangerous yet if used carefully you can make a fortune out of it. But it makes trading so risky during that time. As we know trend and hype fades away. And the time is always uncertain and unpredictable. Could end in hours. So saying that this makes crypto great, I can't agree with that statement. Yes, people are making good profits. But always remember, one's profit is another's loss. And in a situation like this, you could end up on either side.

Huge risk = huge profit. So if you are willing to take that risk then you can sure make profits if you are lucky. But why does this sound like gambling to me? To some extent, it is like gambling. For me, I won't take that risk. I look for long-term gains. That's less risky. And you can still make an analysis through technical analysis. But the results won't be 100% accurate. You can say that the success rate was 80-90% back in the day. But now it has come down to 70-80%

The success rates are low but that doesn't mean that you can't predict it anymore.

This is true since crypto is a volatile asset and we all know that volatile assets is very unpredictable. There’s a lot of indicators available for trading and most the so called TA analysts snip part of previous chart and apply an indicator that works on that particular scenario just to show off how good they are on trading but in reality they are just finding the right pattern on the given charts.

I hate trading on volatile assets as I learned my lesson on my many years on crypto. Holding is the best type of investment strategy since its less stressful and you can guarantee that you can have profit if you will not sell at loss.

I've seen a lot of traders like you spend hours backtesting, messing around with Pine Script on Tradingview, and other things. It's all just an illusion.

Here's what's really going on. You are correct. When you look at facts from the past, it all seems to make sense. This is known as "hindsight bias". But the market doesn't care about your old data or how well-written your scripts are. The market evolves, it's dynamic. Today's winning strategy could be tomorrow's disaster.

But what do you know? There ARE traders in the world who have done well. Not by chasing after the perfect combination of indicators, but by developing a profound understanding of the market, its movements, and its psychology. Stop focused on indicators and start learning about the market in real, tangible ways. Learn about trends and how the market feels, and build a plan from the bottom up. It's not the tools, but the person who uses them.  ::) ::) ::)

Well yes, even if we have a good strategy and some help from the available indicators but still it will not be completely successful, and it will only be useful to help you a little in achieving the target that has been set. Basically it will come back that the market is very volatile and there is no way that can conquer or predict prices with 100% accuracy there, but well as I said above we can increase the chances of profit in various ways available and assisted by the best strategy according to you.

The system already provides various indicator facilities that we can use to help our trading, you can use technical or fundamental analysis there according to your wishes and habits that you think are more helpful in finding a lot of profit. But there may be some traders, especially beginners who cannot use the tool properly so that in the end it seems to make them confused in finding the right decision. Well it is true that it is basically quite difficult to survive in trading, but it is also not a good alternative if because of that you decide to get out of trading and stop. I think you can trade by choosing the lowest risk and also of course the profit is not too big, but believe me it will be more able to make you comfortable in doing it. 

i can agree with what you said, but having knowledge of trading indicators is not all bad. you can understand what have had happened in the market if you know what you're looking at.
but since every project is different, you can't totally use what you learned about indicators. most of the time, these projects don't follow any known market behaviour. because it depends on the plans of the dev team. just look at those pumpndump coins. do you really think your indicators will help you if suddenly the team decides to rugpull? i don't think so.
this is more getting the feel of where the project is heading to, by checking the hints thrown by the team in social media, how they react to their subscribers, how they implement their objectives and so on. in short, you need to know the project itself to get the idea what direction they are traversing to.

Trading cant really be able to handle or would be able to get it directly on just few tries on which i do really agree that it would really be requiring that sufficient time and experience for you to be able to
have that good grasps into it or something that do talks about awareness on how you would really be handling yourself into such market condition which is really that totally unpredictable. Yes, you would really be needing to be versatile as much as you could and wont really be trying to choose on what kind of strategy or tools you would be using as long it would really be relevant and would really be useful and this is something that you should really be setting out that kind of target. Try and try until you do succeed because things cant really be achieved without hardwork and trying out
to sustain on whatever challenges that you would really be able to encounter along the way.

In my opinion no. If we are really able to analyze the indicators well, then this will have a good effect too. However, TA does not guarantee that our trading will always be 100% successful. Because in the crypto market world, nothing is 100% certain.
However, having the ability to analyze indicators better will be much better than not having the ability to analyze and only using feeling when opening positions and taking profits. At least TA will help us decide several things when trading. If it is not currently producing results, maybe there is still something wrong in the settings or in the analysis. Not only that, fundamental analysis is also needed in this case to carry out the best strategy for trading.

Wrong perception of others that TA can give them a guarantee profit that's why they easily believe on people says that they are good on it then follow their released TA or worst buy a subscription with them. But they realize that it didn't work on their end that's why they get frustrated about the result. Maybe they should learn for theirselves to know about doing TA so that they can analyze each situation on their own and get high chances to gain from the trades they make.

Because, unlike other assets, crypto is heavily volatile.

When dealing in crypto market, we can apply mostly the general statement here that past performance can't guarantee future results. Professional traders are even struggling to make up a good strategy in their respective trading activity and they really did actually end up in several and lots of different combinations of their indicators just to know what would be the best thing to apply.

Crypto has been unpredictable since then. Indicators are a big help. Just don't stop and soon you will hit the right strategy.

thats the thing with cryptocurrency indicators sometime means nothing when the market quite literally go astray and didn't follow direction of usual technical analysis making it not consistent and hard to predict but one thing for sure about crypto is that if definitely follow trends, therefore by following trend we could somewhat get the formula of gaining profits by taking advantage of it.
but it doesn't really mean that technical analysis is entirely useless. there are many scenario where technical analysis is needed to know the well being of the market, determining whether the market itself is in a good trend or not.
therefore its always combination of both that could helps in trading career, and not depending on speculation.

That's right, sometimes even with the use of indicators but still the final result is not necessarily in accordance with what we expect, but in my opinion it is a natural thing because well the indicator is only an auxiliary tool for traders to be more confident or more confident that the market will really move according to what has been predicted. The point is that we must realize that it is not the trend that follows the indicator but the indicator that follows the trend with some reference points that are shown and of course that we can take advantage of.

I quite agree with you, and indeed in my opinion it is also better for us to use the follow the trend strategy because I think it is safer, and of course use a little fundamental analysis there, because on average strategies like this are more accurate when we use fundamental analysis, you will be safer from the cruel price fluctuations that occur before closing. I'm not saying technical analysis is not good but maybe it's just as a reference point for what's actually happening to the trend in the short term, and I think fundamental is also very good, if you want to be more comfortable mentally then you can choose some fundamental strategies that you might have.

Indicators allow a trader to form a general idea of how the market works. After all this is some kind of a definite guideline; they help structure the chart. Yes, they are not a guarantee that conclusions of a trader will be correct and productive, but they can help create a foundation on which those conclusions can be built.

I won't argue about holding as I have proven that to myself as well. Nothing is gonna hurt as well for me to try going with trades and so far, I don't have good trades for my recent trades.

But that's fine, these indicators that I am believing seems to be not working with what I have bought but what's good here on doing it on spot. I am not obliged to sell when I am not yet in profit.

Until I see the profit taking time, going back to the old style of holding.

It's always good to take a look at the market time to time, there is nothing wrong with that, we could just stop trading for a moment and just hold our money and take a look at the market to see the bigger picture.

However, unless we are doing it on purpose because there is no good way to get into the market, then we shouldn't just wait around like that for a long time, not like months, that doesn't make sense neither. Indicators are not always correct, but at the very least they are telling us something, without indicators we wouldn't have that neither and this is why people mostly use that, to have a guide. This doesn't mean you are guaranteed to profit if you are using it, but at the very least you are trying your best.

I wonder where people get that impression, I mean any book which is serious about teaching its readers how to trade is very upfront about the fact that if you become a trader you will not only lose, but you will lose several times in a row and suffer important drawdowns during your journey.

So I suppose that those that think they can get guaranteed profits have never even read a trading book on their life, as otherwise it is impossible to explain why they have those mistaken beliefs.

It depends on how one use them ,some are very good using indicators and have made good profits from it while some are pure price action traders. Choose the part that suit you best wheather price action or indicators.

That is the main thing that most people should already know, especially those who have just come to this trading. Of course the mindset they bring will greatly affect the results they will get later. And the fear is indeed something like this, mindset. It is not uncommon for some to come with the wrong mindset and usually also with greed. they come because they see the success of other people who have succeeded in this field and obviously they will be like encouraged to do the same thing in the hope that they will be able to have the same fate as the people they see. But the problem is that there are some of them who only focus on the benefits without seeing behind the big profits there will also be big risks, so they must really consider it, this is not a place to make you rich instantly but trading only gives you the opportunity to achieve all that, and well whether it works or not depends on you yourself who live it, if you really mean it then I'm sure you can achieve it, and well still you have to bring the right mindset, not to be greedy because you want to be rich and also have to have good planning.

There are no guarantees there, profit and loss will definitely occur alternately. Therefore you must continue to learn especially to minimize losses that you definitely do not want there. The point is not to be a complete solution to realize your dreams but maybe trading only gives you opportunities and the rest is back to yourself.

Not so much. Technical Indicators are meant to be guides for you to derive a sound judgement from, they're derived answers aren't to be taken at face value and you should always employ a broader perspective approach when receiving Technical Analyses. The thing about TA is that it's almost always going to be wrong, but you'll know this retrospectively, and you're not really a clairvoyant (at least I think so) so the best thing you could really do with these analyses since they are still good is to actually piece them out, break them down in wires and figure out why and how these people came upon these conclusions. Just cause someone's saying "bitcoin would drop to 10k next month due to this chart I made" you'd follow them blindly already, figure out why they say that, understand the reasons and what indicators they came upon that led them to that conclusion, from there, create your own opinion and follow that.

but then again if these TA doesn't even helps in getting profits why even bother doing TA in the first place, I think TA is good way as an indicator to know which project deserving investment and to trade for those traders.
the TA most of the time helps getting profits, but sometime as you know when the market is just working out of pure supply and demand, TA somehow becomes less relevant in this regard and instead the market will gone astray from what described in TA guides, therefore its not only TA required for making profit but also the instict of adapting the market and knowing what gonna become beforehand.
otherwise its just gonna be series of lose.

There is a huge difference between not being able to win every single trade that you make and not making profits, take a look at your favorite sport, if you have any, and think about the best player ever in that sport, do they won every single match in which they participated? Not really, even dominant athletes lose as they have a bad day or simply their opponents were better during that match.

However what makes them the best is their ability to perform at a high level on demand, and this is what a mastery of TA will give you.

In my opinion, Technical Analysis is only useful if used as a Money Management strategy tool, so that our capital is not swallowed up by the market, so it is not used to determine market direction, especially if the market direction is daily. , monthly or even annually. Even though using this TA is not one hundred percent correct, at least you can use this TA as a guide in making decisions.

So in my opinion technical analysis focuses more on trade management because this is still a logical assumption that can be obtained from knowledge and experience. In essence, as a trader you must be able to learn about 10% technical, 20% money management, 70% psychology.

Just increase the chance of winning but not as always assured of winnings we know how the market can easily manipulate the whales and other factors of it, not all indicators are suitable for every trader, you must need to find what kind of TA will support with your trade, if you cant find why not create your own strategic way that suitable with your trading habit. At the end still even there's a good TA you will decide on your self, if you will put your position or sell it. Consider emotions in trading.

Not it's not useless , it works really well but not all the time which isn't bad. The issue is the patience you need to exercise for the synchronization especially when you are combining more than one. You won't expect them to be right all the times which is where most people have issues with it but if you can be patient enough and manage your capital very well with a good strategy then you will enjoy it.

the thing with many people that seemed to miss the important thing about TA is that they always expect the technical analysis to be true all the time, this is not really what TA is.
its just to give insight about current condition of the market, meanwhile the market itself could be having massive change at almost instantly whenever there's something big going on. just like
when there's bad rumours and bad news coming it could quite literally change the direction of the market itself which in this case render these TA useless.
doesn't mean it will be useless forever, there's sometime that TA really become meaningful like those in short term trading.

Maybe Yes or No because that will depend on the trader who uses this and what kind of strategy they've been using as it syncs with what they are doing, and of course, on how they analyze the market momentum.

Well, I would say that it was very useful to my trading journey now but not before. Why? Because TA can't be made right and ready, and it is hard to analyze the situation if you are lack of knowledge. This is what I mean and it varies on the capability of the trader. Some got is right and useful, some had also seen this as useless.

Losing trades is inevitable and this is something that people should mainly be reminding themselves so that they wont really be expecting that much about winning constantly because it cant really be just that possible on having this way. Indicators are useless? They wont really be that making that perfect trade from time to time because market conditions wont really be that the same and this is why it would really be just that wise
that you should really be that versatile on whatever things that you would encounter because trading isnt really just talking about making profits because before you would really be able to experience such things then you would really be needing to pass up on lots of trials and errors. Using up indicator would really be that relevant because you cant really just be able to handle yourself on this market with some naked trading.

You would really be that finding to be that relevant on the time that you would really be stepping your foot into this field.  You would be finding it to be so useful
because with these tools you could really be able to have at least the idea on where prices could possibly go on but of course dont make yourself that so sure
because we know that we do make pure speculations on using up these indicators.

TA is good when you are trading when you are investing not so much, why? because TA usually used for short term where in short term people can't really analysis based on trend but instead on TA
due to the lack of data so they just read from the chart instead. even though it may not be accurate.

Nothing is useless as far as trading is concern. If truly they are useless then they can't be there as indicators. The best thing is to try all the possible indicators available (that's if you can) then work with the one that gives more insight and suit you. Don't go for complicated indicators and always go for the one simple to use. The aim at the end is to be profitable.
Mind you, using only technical indicators is not always advisable, you can mix it with other confluences like price action and trend line it give you more clarification.

Indicators are very helpful. Maybe you just didn't hit the right strategy while following those.

Your strategy will depend on those indicators. You don't just want to predict without a basis right?

How long have you trading? If you are just having a bad day, try tou bounce back the other day.

Indeed, indicators can help our trading, but we must be able to know the strengths and weaknesses of an indicator, so that we can use it well. I prefer to use EMA which seems to be commonly used and of course can flow according to the current trend. However, we do have to be disciplined, sometimes the EMA breaks out and we have to be disciplined to dare to cut losses, this is an example of what should be done in recognizing the characteristics of the indicator