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Posted

Yes, if you are using more than 3 indicators, its really analysis paralysis. People try to find holy grail but needs to understand mechanics of these indicators and ow they work/ if they work, how often they work, in what market condition they work, etc. Just adding lot of indicators is not going to get good signal.

Most of the time, I like post not because i am downloading content but because i appreciate efforts person take to share.

Posted

OK, Bros, thanx for explaining, it is CLEAR no Serious / smart trader would have interest to use too many of these indix.

But, of course, when i post something, i am not a doctor recommending some substances...

 

Bye

Posted

I don't understand this criticism against Shenong,

Is Shenong crazy or the indicators are crazy ? No indicator or book foresees the future so everything is useless. There is any indicator that predicts the future, there is no book where one reads how to predict the future.

That's is all. Good trading.

Posted (edited)
there us nothing against Shenong, I am just saying its too many indicators and new people should refrain from using all indicators in one chart.

 

Also for Ninjatrader here there are several indicator. If I upload 10 indicators for Ninja will I be considered crazy ? :)

Edited by MM62
Posted
definitely not, uploading and helping community is good. I am just commenting to let new people (including myself) know that even if you have 100 indicators, don't use all of them. First understand how indicators work and use accordingly. :)
  • 2 years later...

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