Forex Tutorial
January 17, 2017

Do you use similar indicators?

I have seen so many charts where people add indicators which tell them the exact same thing. I trade essentially naked and focus on price action, but I have been shown so many charts where traders clutter it with indicators and often with a similar indicator which makes no sense to me at all.

Those who use indicators, please take the time to fully understand them before you create a trading strategy which incorporates them. Trading an asset based on an analysis you don’t understand only leads to losses.