Believe or not, Metatrader indicators are based on price. So theoretically indicators will change on price movements. It cannot predict the future price movements. Most newbie traders will look and search for a perfect indicators to trade with. But I am telling you, the most valuable indicators already built in your head. Its your brain.
Currently I am learning how to trade without many indicators aka naked trading (almost naked). The only indicator I am using is MACD Histogram to detect divergences. I use trendline to open my trades mostly. I was using Bollinger Bands, CCI, MACD Histogram, Moving Average on my chart and sometimes I still looking for "better" indicator that can give me profits.
Now I want to stick on Divergences (both hidden and normal divergences) to start preparing my position. When there is no divergence, I won't trade!. Candlestick pattern also helpful but I am not interested to learn it.
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