I hear from a lot of places that trading without indicators is the best way of trading. How does one do that though? Is there a software that just gives signals? preferably for metatrader???
Trading indicators are best used along with money management and good risk control, using tesnical indicators alone will not enable you to ne a successful trader, the market is just too random
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Hi,
Personally I do not believe the system that just spit out buy and sell signals and people who are selling them. Because it just cannot justify the LOGIC behind it.
If they are making tons of money from the system, why would they want to sell it to you. I think they are making much better money selling the system than using the system themselves.
I have been trading for quite sometime with no much indicators except the moving averages.
The key to trading without indicators is understand the demand and supply level correctly. You can sell at supply and buy at demand level.
EA is ok if you keep on adjusting it .It is real hardwork to build a customised EA that works because you need to adapt to the market – This is just my opinion, may not be true for those programming warriors.
Cheers
Hope this helps.
Trading Forex with good EA’s makes so profitable.So while getting EA’s choose best one.The best Expert Avisory(EA) for me fap turbo.I won’t trust other EA’s For Metatrader4 platform.I only trust Fap Turbo.