Indicators can definitely work in a sense that they provide analytical help. Providing precise trading signals is another matter completely. Even if some indicators do that, there is also a problem of interpreting and executing the said signals.
yea placing an indicator in your mt4 chart helps lot, in the sense that indicator provides you with the trading signals, it tells you when to enter a trade and when not trade.
Indicators truly help but on the other side I personally think they make you lazy because they lull you to sleep in believing you don’t really need to do any work or learn anything besides how to read your “mechanical” indicators that will tell you what to do and when to do it
In a way you are correct but actually indicators really helps you in case when market is too volatile. At that time indicators help you to suffer less losses.
It depends on the indicatiors and how you utilize them. WIth approriate indicators, your trading performance could be improved through wiser decisions.
Your pint of view is correct, in order to use indicator you need to analyse your indicator and also you should use correct indicator for particular currency pair. Best indicator can help you to earn more profit.
Your pint of view is correct, in order to use indicator you need to analyse your indicator and also you should use correct indicator for particular currency pair. Best indicator can help you to earn more profit.
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.