one indicator or many? (2)

Using any indicator without moving average, is not good according to my own view !!!
I think chart patterns are more profitable from using indicators.

It totally depends on your strategy of trading.If the indicators shows you the right signals to income money then you should try the same indicator or if you thry use another indicators then you must have the right senses about the indicators in forex market to make profit early.

Best indicator is always us. Yes us. We have eyes. we have brain. we can interpret. While indicators only plot the data given. Now about how many indicator. It can be one it can be many. Its all depends on your understanding of that indicator and how you use that indicator.

Some people need plenty of indicators while others doesnt need any.I never use more than 3 indicators and I use 2 most of the time. Moving averages and bollinger bands are a good indicator.

Should you choice one or more indicator ?

In process trading, you must use indicaors for your trading. So you should only one indicator or more ? In my opinion you should use many indicator to view market, after that you make sell or buy order follow indicators you believe.

Using one indicators increase the risk because none indicator is 100% trust able , we need to use the well combination of the indicators so if we will many indicators on the chart we will get the extra confirmation so our entry will be strong enough

it depends of what strategy you are using. some needs plenty or some needs very few indicators for their trading. It does not matter how many indicators you are using mater is how you success with this indicators. but not wise trading with too many indicators it will happen a jungle position of your chart, sometimes you may confused with so many indicators.

You should use Indicator which you are understand it's Logic and the Function of it,
even when you are using hundreds of Indicators is not guarantee you will get a better
Analysis, but it will just confuse you..

It is good to at least use 2 indicators, one indicator for confirming the signals of the other. There are literally uncountable number of combination you can make but you need to choose the indicators which best confirms your own strategy or your analysis.

In my opinion,I thik we should trade with more indicators there.You see,if we combine with more indicators there,we can analysis the forex trend carefully.So the more indicators will be better ,2 or 3 indicators will be good.

A lot of succesfull trader just use few indicator as their main tool to determine entry and exit from the market. It is better to knowing your indicator altough just one than use a lot of indicator but does not know anything.

one indicator is good, two indicators is also good.
just use whatever number of indicator that you like as long as you can handle them properly.

but I see there no indicator help trader draw trend like trader draw trend by himself I see it is very easy for any trader drawing the trade line by the need to exercise

hi members
i just want to discuss this with you because there is a familliar way of trading which i think it fallacy and can cause damge to our trading entery point - by useing many indicators in the same time-
what you think is this good or bad? and when one indicator gives you good sign . is this means that all indicator will give you another confirming signs as if indicators affecting on each other.
so what you all think?

depending on the strategy used, I am a day trader. I do not want to use too many indicators, because it can make me confused
I use three indicators. 2 CCI and ema.
CCI 50, CCI 14 and ema 34. CCI 50 and ema I used to see trends, and I use CCI 14 for entry

i think indicators depend on the traders because it's a way to help traders to understand the market and it's direction

traders should not depend on any single indicators
they should do there manual analysis and side by side they should consult few indicators like RSI MACD momentum etc