Difference between indicator base trading and price action based trading?

Difference between indicator base trading and price action based trading?

Assalam alaikum dear forum members!

• umeed karta hun aap sb khair khairiat se hn gay or apka last week trading week bahut acha gaya ho ga or dua ha k apka agla trading week bhi acha jay.
• dear members hum trade karty hovy charts ko analyse karty hain different indicators use karty hain taa k hum achi trade le skn.
• es lye aj hun indicators or price action strategy ka comparison karen gy k in main se konsi strategy best ha.

Indicators Based Trading Strategy

• Dear members indicators based trading strategy usko kaha jata ha jo k sirf or sirf indicators py relay karti ha mtlb k indicators ko use kar k hi market main entry or exit hova jata ha.
• agr apko indicators ka nahi maloom to phly hik indicators ko detail se discs kar lety hain.

What is indicator in forex?

• Dear members indicator aik aisa tool ha jo k forex market main technicals k bary main information deta ha jesa k market trend ya phr support and resistance.
• or indicators ki agy bhht c broad categories hain jesa k momentum indicator, trend indicator or sentiment indicator etc.
• in main commonly use hony waly indicators moving average or relative strength index hain.

Trade with an indicator:

• Dear members ap ksi bhi aik ya 2 indicators ko use kr k trade kar skty hain jesa k moving average jo k trend indicator ha or support & resistance bhi btata ha esko use kr k bhi trading ki ja skti ha or es k sth hi hum RSI use kar skty hain jo hamen market k momentum kr overbought & oversold situation k bary main btata ha.
• moving average ko use karty hovy trading k lye hum moving average k breakout py trade kr skty hain or es k test py bhi trade le skty hain or sth main RSI se bhi help le skty hain.

Reliability of Indicators:

• Dear members indicators ki reliability perfect ni hoti laikin phr bhi 50-60% reliable hota ha indicator agr apko us indicator k bary main knowledge ho or ap usy achy se read kar skty hain to.
• laikin phir bhi hamen indicator k sth sth price action ki zroorat lazmi hoti ha q k price action technicals ki base ha or ye indicators bhi basically price action ko hi follow karty hain.

Price Action Trading Strategy

• Dear members jo price ki movements hoti hain unko follow kar k market main trading karny ko price action trading strategy kaha jata ha.
• or ye wahid aisi strategy ha agr es oy aboor rkhty hain to ap bina ksi or strategy k market main achi trading kar skty hain.
• q k hr analysis or hr indicator ki base price action hi ha.
• jo charts main candle sticks or support & resistance ko read kia jata ha wo sb price action main hi ata ha.
• es lye agr ap indicators trading bhi karna chahty hain to us k sth sth apko price action ka knowledge hona lazmi ha.

• price action k different tools hoty hain jinko use kar k market k trend pr direction ko analyse kia jata ha.
• price action k kch tools nechy bayan kye gaye hain.

1. Trendline
2. Support & resistance
3. demand & supply zone
4. chart patterns
5. candlestick patterns

agr price action ko use karna ha to in sb elements ka knowledge hona lazmi ha.