Too much indicators disturbs!

[Emq]

If you use alot of indicators you will just be frustrated. Choose a few and use them to aid your analysis

 

[pippin]

If you use alot of indicators you will just be frustrated. Choose a few and use them to aid your analysis

Yes, I agree that using too many indicators can lead to frustration and analysis paralysis. It's more effective to choose a few reliable indicators and use them consistently to aid your analysis. This streamlined approach helps maintain clarity and focus, making it easier to identify high-probability trading opportunities.

 

[thebeS]

If you use alot of indicators you will just be frustrated. Choose a few and use them to aid your analysis

Indeed. and they make one look stupid

 

[superalal]

If you use alot of indicators you will just be frustrated. Choose a few and use them to aid your analysis

yes. make sure to use only those you think s\ will contribute a lot to your trading.

 

[Fin_Trader]

Using too many indicators will not only interfere, but can even worsen your trading. After all, the readings of such indicators can contradict each other when searching for entry points into the market, so correct entries will often be missed, and losing trades can grow. Therefore, it is important to be able to find a combination of indicators that would not contradict, but complement each other and filter signals. And in my opinion, there should not be many such indicators.

 

[Jason Libson]

Using too many indicators can lead to confusion and frustration. It's best to choose a few reliable ones that complement each other, helping you make clearer, more informed decisions without overwhelming your analysis or creating conflicting signals.

 

[Fxzombie]

Yes, indeed, when I was a beginner, I liked to try various indicators with beautiful displays on the charts, but because they interfere with the transaction process and often make the application slow to respond, now it's simpler to use just the necessary indicators which don't take up a lot of bandwidth on the computer.

 

[Jonathan Lee]

Using too many indicators can overwhelm your analysis and lead to confusion. It's better to focus on a few key indicators that align with your strategy and trading style. This simplifies decision-making and enhances clarity, improving your chances of success without unnecessary complexity.