I am really not a big fan of trading with indicators. I much prefer to draw on the charts and ride the rides rather than look through the indicator lens. I am trying to slowly work my way into accepting indicators as useful tools. What I have done is draw over the chart how I normally would and then apply the indicators afterwards to see how they could have been useful.
I'm at the point where I am kind of convinced that the RSI is useful, and I really want to believe that the Stochastic is useful as well. This is what drove me to do what I did here in the particular way that I did it.
The crazy thing is I feel like I already did this. I don't know why I'm not convinced of their usefulness yet, but when I'm live trading I will absolutely not use indicators as a way of entering a trade. I know they can be very useful tools for some people, but I feel like lines and boxes give me that ideal mixture of experience mixed with gut that allows me to take trades. I will continue to work on it. I feel like the end product (me) will be better off in the long run.
I'm at the point where I am kind of convinced that the RSI is useful, and I really want to believe that the Stochastic is useful as well. This is what drove me to do what I did here in the particular way that I did it.
The crazy thing is I feel like I already did this. I don't know why I'm not convinced of their usefulness yet, but when I'm live trading I will absolutely not use indicators as a way of entering a trade. I know they can be very useful tools for some people, but I feel like lines and boxes give me that ideal mixture of experience mixed with gut that allows me to take trades. I will continue to work on it. I feel like the end product (me) will be better off in the long run.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.