indicator based Systems VS NO INDICATOR BASED SYSTEMS

[fxsignalcomng]

Hi guys.

here i really like start a good discuss about trading systems and actually, talk about indicator based system benefit ( if have any! ). i think indicator based system are crap! all of them! i mean come on! did you really expect with a simple changing color from red to green market go up? yes maybe sometimes this crap worked, but if ask me , i will tell you with loud sound, that indicators are faked, they can`t stay alive for a long time.

i don`t use any indicator, my chart is wholly empty! we must learn use indicatorless systems. we really need do that, because if we don`t , sooner or later we lose our money. no one can win with indicator, if anyone said : I CAN! , he/she is a lair.

this is my idea , i really like hear from you guys about this, whats your idea?

[FXexpert]

There are a lot of great indicators and Forex trading systems out there, many of them can be used with FXopen

[shulink]

So what kind of NO indicator base system are you talking about? I trade primary with technical indicators and it works pretty well for me.

[qlinks]

What you really mean is naked trading as it is called with no indicator in use.
It is based on price action, support and resistance, trendline, and perhaps patterns.
Some trader developed this method having been frustrated and not satisfied with indicators
which are purportedly lagging. (But not all indicators are that crap or useless. Perhaps
you just have to master them to know them.)
If you want to know price action or naked trading, just search the internet and you'd
know what I mean.

[bherjuno]

I agree. Any indicator could help as far as to indicate which direction the trend is headed only. But not for decision making. I use price action to decide my position. Never ever based your decision solely on indicators, because they are laggy. No indicator can predict the future movement. Price action is the sole representation of the market mindset and mood.

[haniam]

I do not believe in pure 'naked' charts. You will still need to use support and resistance, trendlines and maybe fibo to enter a trade. However it is definitely useless to use too many indicators too, as after adding 4 or 5 indicators, your brain will start ignoring many of them and only take into consideration the ones you find usefull.

[ngepet dolar euro]

In my trading system i use price action with stochastic, but to make a decision when I should entry market or not price action are my main signal source, stoch just used as a confirmation tool.

[dustlee]

I trade without any indicator but just in price action based with trendline, Fibo and sometime pivot chart.

I did use indicator before but my result is failed. I am not saying the indicator based system is useless cause there are people who win money on it.

I will still think the self discipline during trade play the most important role.

[haniam]

I trade without any indicator but just in price action based with trendline, Fibo and sometime pivot chart.

I did use indicator before but my result is failed. I am not saying the indicator based system is useless cause there are people who win money on it.

I will still think the self discipline during trade play the most important role.

Trendlines and fibo combined with a good money management are very powerful by themselves

[ngepet dolar euro]

Trendlines and fibo combined with a good money management are very powerful by themselves

What is the best time frame I must used to set my fibo brother?
If I trade use H1 time frame as my main timeframe to entry forex market
Because right know I use fibo in several time frame, including H4 D1 and W1 and it is make me confuse to chose where is the best FIBO i must obey

[Dominator]

What is the best time frame I must used to set my fibo brother?
If I trade use H1 time frame as my main timeframe to entry forex market
Because right know I use fibo in several time frame, including H4 D1 and W1 and it is make me confuse to chose where is the best FIBO i must obey

Maybe u can used FiboPiv indicator, it easier to used i thinkx.

[ngepet dolar euro]

Maybe u can used FiboPiv indicator, it easier to used i thinkx.

Where i can find this fibo piv indicator my friend, can you give me a link to download this indicator. Regard

[Dominator]

This is the indicator hope can help u FiboPiv_v2.rar.

[cafedeart]

the debate : Indicator based trading is good or naked (no indicator in use) trading is good when it's call trading forex?
is so similar like Guys are the best in cheating or Gals when its call Love and relationship?
so the conclusion may be : "There are numerous paths - just choose what suits you best"
both two types of trading have their own pros and cons both trading styles are generated by traders for traders like us, and they never said any particular path - as best for taking profits in pips, all are same, more or less same, you have to see loses no matter what path you chosen, the only tag line is : "Try to survive by making a little more pips than loosing you are"
Thanks

[Dominator]

Haha cafedeart i like your statement above "Guys are the best in cheating or Gals when its call Love and relationship?"

I think is better to used what u can used and don't used what u can't used.