Are you using trading indicators?

[jeha2015]

Traders will indeed find a way to succeed and make a profit despite the volatility of the market. They use everything that is available in the market, in fact, the use of indicators is not the only thing available and could give assurance for them.
News, price charts, indicators...so many options to choose from but, of course, will choose the one that could help us most. RSI, MACD, and a lot of trading indicators, however, not all of them are effective.

But what I see that we needed most is to improve our TA, skill, and decision-making.

indicators were used to find best trading system that suitable with our trading type or our character. many will used and trial error will occur when we back test this trading system, everything will not running softly . there will alot changes that need to do to find best system. or even after testing indicators finally our style only using trend line or chart pattern . beside trading system we also have to arrange our trading plan , so trading direction will clearly describe and we know our goal.

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[Flexystar]

Being average trader, I always tried to gain more knowledge about it but things are tricky for me. Lolz. Usually I’m reading the indicators from the small book that my broker gave. It’s very simple to do it that way as I can’t really read it on screen easily. However, in the process I have lost pretty decent amount after being careless about it. So I’m trading but I still feel like I need lot of knowledge regarding the same. So piece of advice is, learn them deeply, you are expert only if you can read them on screen just by looking at it!!

[sklopan]

To be honest, I learned very well from my own experience that indicators are far from always reliable and guarantee results. I advise you to be prepared for this.

[stomachgrowls]

To be honest, I learned very well from my own experience that indicators are far from always reliable and guarantee results. I advise you to be prepared for this.

It was never been reliable yet even how well you do make out some analysis out from your technical or fundamental ones but still it wont really be that enough for it to give 100% precision in terms of

outcome or results but somewhat this is much more better rather than having no analysis at all or simply make out some trading positions basing with hunch and intuition which is something that

could not really be that sustainable for long term.You should know or apply indicators or tools along the way even though its not precise but at least you do already have the idea on what
you are doing.

[teosanru]

It is quite a while I have been on this forum, I have noticed some people saying they are not using trading indicators for trading, some people highly recommend people to use indicators. As for me, I have noticed to better draw lines or just carefully look at the candle sticks which significantly got me many information about the next steps to take. Out of all the indicators, I have preferred the RSI but which I can still also predict from the candle stick and I like drawing lines which can easily indicate the extent market increase or fall.

I just want to ask this question, are you using indicator for trading? If using it for trading, is it helping you. I just want to go beyond what we are reading online and see what people will have on this.

If you are using indicators for trading, which ones have you used that make a good trades for you?

Indicators are obviously useful, they don't give you trade ideas directly but indirectly they help you in identifying which trade is valid and which is invalid by creating something we call confluence, having 2-3 indicators by your side ensures that you get enough confirmation before you enter into any trade. Deciding which indicators to keep that obviously is pretty subjective, RSI is the most popular one for sure, a lot of people like that because it helps in identifying trends as well as the momentum of the market. Along with that EMA/MA helps you in identifying accurate demand and supply zones to help you identify potential pivot points.

[dunfida]

To be honest, I learned very well from my own experience that indicators are far from always reliable and guarantee results. I advise you to be prepared for this.

It was never been reliable yet even how well you do make out some analysis out from your technical or fundamental ones but still it wont really be that enough for it to give 100% precision in terms of

outcome or results but somewhat this is much more better rather than having no analysis at all or simply make out some trading positions basing with hunch and intuition which is something that

could not really be that sustainable for long term.You should know or apply indicators or tools along the way even though its not precise but at least you do already have the idea on what
you are doing.

It is really just going into a war without have any weapons and its really just the same when you do trade without making use of any indicators on which you cant use something which would really be helpful on your trading which its a suicide i would say where you do make out positions or decisions on pure luck because you are just simply doing gambling if you do have this kind of behavior and its true that it wont
really matter on what kind of strategy you would make use as long you could make proper analysis then thats what matter.

[tygeade]

Being average trader, I always tried to gain more knowledge about it but things are tricky for me. Lolz. Usually I’m reading the indicators from the small book that my broker gave. It’s very simple to do it that way as I can’t really read it on screen easily. However, in the process I have lost pretty decent amount after being careless about it. So I’m trading but I still feel like I need lot of knowledge regarding the same. So piece of advice is, learn them deeply, you are expert only if you can read them on screen just by looking at it!!

I would suggest checking online would be a lot better. Sure checking a small book if you think is a great trading resource is still fine, but online world has a million of them and you would learn a lot more when you check youtube, courses, and other stuff even here. Do not believe everything you see though, make sure that wherever you are trading, is a place that actually does give you a good return and honest work, that way you would be learning from the very best and you will be doing a lot better. I believe that it takes a while before people become good traders but it is not an impossible thing and everyone could do it eventually.

[martyns]

To be honest, I learned very well from my own experience that indicators are far from always reliable and guarantee results. I advise you to be prepared for this.

Indicators are complicated for newbies to start with, trading indicators are the most important tool for trading and they reduced Losses in trading to it's minimal points. Perhaps, indicators are important although very difficult to study, inother to be an expert in trading, you need to know TA which is technical analysis and mostly used as signals for newbies. Traders who looks for strong signals, used indicators as their main means of opening trading positions. Indicators ate reliable because they help you to know when a coin will pump and dump. With trading indicators, traders tend to have a higher chance of gaining profits.

[Mpamaegbu]

To be honest, I learned very well from my own experience that indicators are far from always reliable and guarantee results. I advise you to be prepared for this.

Well, don't assume it. Test it. While I can say you're right that indis are far better being used than not being used at all, I will also say that not all indis are of great use when used alone. Make sure you have a combo of two or three indis for maximum result. No single indi can guarantee anyone a consistent profit. One can get profit from such adventure by chance but it won't last. The end result is often loss and hurt for those traders who do that.

[sklopan]

I try to use indicators as rarely as possible. I just understand that in such a case, I can simply allow a loss through no fault of my own.

[99Percent]

I use it but maybe I don't really know more about how to use the correct Trading Indicator but I have my own predictions of a good moment to buy Bitcoin, like the market is down,

[LUCKMCFLY]

I always use trading indicators, but after I analyze the market in a fundamental way taking into account what is currently happening in the world, and as I see the volume reading in the long term, in the medium term and in the short term, this leads me to take a decision and then I support it with the technical analysis, for me I do the technical analysis after making the commercial decision, only with the indicators it helps me to have more accuracy to put my stop loss, and the take profit, based on this it is of great indicators help, but if and only if I do the fundamental analysis of the market first.

[nur rochid]

indicators are my reference for determining trading signals. I personally still use the EMA indicator up to the 200 level. on the other hand I combine it with the trend line to validate the signal so I get a support area to buy. maybe everyone will use different indicators, but as long as we can use them well, the chances of profit will be large, as long as we can control our emotions, so we can carry out the analysis well

[sklopan]

To be honest, I try not to. In my opinion, this ultimately leads to the fact that the trader becomes less independent.

[BobK71]

Generally Indicators are used to predict where the price of trading assets move. The Trading indicator refers to a mathematical tool that can help traders predict the price movement of the trading assets  more accurately. In crypto currency trading platform I prefer some trading indicators such as Moving Average Convergence / Divergence (MACD), MYC Trading Indicator, Bollinger Bands, Moving Averages (MA). I always try to research by using some the indicators  especially Bollinger Bands is my favorite trading indicators.

[bitterguy28]

To be honest, I try not to. In my opinion, this ultimately leads to the fact that the trader becomes less independent.

and More risky , because it is their benefit as second member and not us as a capitalist trader ,  so maybe lets not fall in to indicator and instead we need to learn on our own and maybe w will be taking risk but at  no one to blame as we are the independent trader.

I use it but maybe I don't really know more about how to use the correct Trading Indicator but I have my own predictions of a good moment to buy Bitcoin, like the market is down,

then you denied using it now? then yes you should not do it and use your own strategy to trade.

[South Park]

To be honest, I learned very well from my own experience that indicators are far from always reliable and guarantee results. I advise you to be prepared for this.

It was never been reliable yet even how well you do make out some analysis out from your technical or fundamental ones but still it wont really be that enough for it to give 100% precision in terms of

outcome or results but somewhat this is much more better rather than having no analysis at all or simply make out some trading positions basing with hunch and intuition which is something that

could not really be that sustainable for long term.You should know or apply indicators or tools along the way even though its not precise but at least you do already have the idea on what
you are doing.

It is really just going into a war without have any weapons and its really just the same when you do trade without making use of any indicators on which you cant use something which would really be helpful on your trading which its a suicide i would say where you do make out positions or decisions on pure luck because you are just simply doing gambling if you do have this kind of behavior and its true that it wont
really matter on what kind of strategy you would make use as long you could make proper analysis then thats what matter.

The truth is that there are many traders out there making some good profits without using indicators, and that is because they watch the most important indicator of all, which is the price, however I really think that using a few indicators is a good idea, because as their name implies and indicator is able to bring forward a particular aspect of the market that could be difficult to see by just watching the price alone, and this can increase our effectiveness and our profits as well.

[cabron]

To be honest, I learned very well from my own experience that indicators are far from always reliable and guarantee results. I advise you to be prepared for this.

It was never been reliable yet even how well you do make out some analysis out from your technical or fundamental ones but still it wont really be that enough for it to give 100% precision in terms of

outcome or results but somewhat this is much more better rather than having no analysis at all or simply make out some trading positions basing with hunch and intuition which is something that

could not really be that sustainable for long term.You should know or apply indicators or tools along the way even though its not precise but at least you do already have the idea on what
you are doing.

It is really just going into a war without have any weapons and its really just the same when you do trade without making use of any indicators on which you cant use something which would really be helpful on your trading which its a suicide i would say where you do make out positions or decisions on pure luck because you are just simply doing gambling if you do have this kind of behavior and its true that it wont
really matter on what kind of strategy you would make use as long you could make proper analysis then thats what matter.

The truth is that there are many traders out there making some good profits without using indicators, and that is because they watch the most important indicator of all, which is the price, however I really think that using a few indicators is a good idea, because as their name implies and indicator is able to bring forward a particular aspect of the market that could be difficult to see by just watching the price alone, and this can increase our effectiveness and our profits as well.

Those traders not using indicators are very experienced, they may only be relying on price action. But even the seasoned traders who provides technical analysis for his followers are using indicators. When they publish these TA, we gather to comment and that's when you know on their replies they also use other indicators not present on their published charts.

I don't really believe those who are not using indicators, they will have to confirm trends using indicators before they will execute their trades.

[sklopan]

To be honest, I try to use as little as possible. And then, as a result, it becomes quite difficult to make a decision on your own.

[rojan]

indeed every trader has a different strategy to be able to profit in their trading, whether it's using indicators or reading news, from social media or from any source, the most important thing is that they can understand how to make good trades and can make profits, over time Of course, over time, you will definitely be able to analyze market prices and be patient or sometimes get caught in the trade, I'm sure if you can keep trying and don't give up easily, we will definitely be successful.

The market is very bad here but the traders are here to be successful and they are looking for ways to make a profit here but they are using everything in the market to find a way to make a profit here.  And there they have confidence but that too I think it's important, but there are a lot of options to choose from, but of course there's one that will help you the most, but there's always a lot to choose from for treading.