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What have I learned in Forex Indicators?

Mdraghib

Well-known member
Everywhere I look, new traders are stacking forex indicators like it’s a competition — RSI, MACD, Bollinger Bands, VWAP all on one chart. I’ve been there too. At one point, my chart looked more like a science experiment than a trading setup.

After years of trading forex, here’s what I’ve learned the hard way:

Forex indicators don’t predict they react.
They can be powerful tools, but only if you understand what they measure and when they fail. Most losses don’t come from “bad forex indicators,” but from over-reliance and late confirmation.

What’s actually helped me:
  • Using 1–2 forex indicators max, not five
  • Treating indicators as confirmation, not signals
  • Paying more attention to price action, sessions, and liquidity
  • Accepting that no indicator replaces risk management
RSI works — until it doesn’t.
MACD works — until the market ranges.
Forex indicators aren’t broken… they’re just often misused.

What’s your thought on this?
 
Totally agree. 5 indicators on a single chart would be the last thing I want to see while trading. Many traders are doing well with just pure price action too. I do use RSI and EMA but it's never blind following. You can use indicators but never think they will be 100% accurate.
 
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