When I started to trade, I began to try out and trade mostly out of multiple indicators. Like a lot and find different indicators that I feel suit my taste and made me think that it will be a successful setup or something. As time goes by and I experience a lot of different market volatility, it's better to stick with sound risk management and consistency. Because you couldn't get a 100% setup with anything in trading, the risk should be controlled, and it has been the best strategy ever since.
I think we all go through that at some point during our trading careers, at the beginning since we do not know much about the markets we try all kind of combinations of indicators looking for a magic formula that guarantees profits, but at some point during our development we learn that this is not going to work and eventually we settle for a few indicators and a solid money management strategy, since that is more than enough to make profits in the markets if you know how to use them.
Topic: How often do you change your indicators? - page 3. (Read 442 times)
Using indicators is essential for technical analysis, having a fundamental background also helps to understand the overall picture. Moving averages and MACD indicators are main part of my technical analysis tools, so checking the mentioned indicators is first step then changing indicators to oscillators etc.
When it comes on changing phases then you would really be needing to be versatile and its true that we do really go into those kind of situations on which we do really chance up indicators basing up on the condition we are facing because trading is a never ending kind of learning on where you could really make out adjustments according to your own knowledge and skill set.
If you do find out that your current indicators arent working on a certain trend then its not bad to make out some changes and this would be a continous one
because you wont really enhance yourself if you dont have that kind of mindset.
When I started to trade, I began to try out and trade mostly out of multiple indicators. Like a lot and find different indicators that I feel suit my taste and made me think that it will be a successful setup or something. As time goes by and I experience a lot of different market volatility, it's better to stick with sound risk management and consistency. Because you couldn't get a 100% setup with anything in trading, the risk should be controlled, and it has been the best strategy ever since.
I think we all go through that at some point during our trading careers, at the beginning since we do not know much about the markets we try all kind of combinations of indicators looking for a magic formula that guarantees profits, but at some point during our development we learn that this is not going to work and eventually we settle for a few indicators and a solid money management strategy, since that is more than enough to make profits in the markets if you know how to use them. Using indicators is essential for technical analysis, having a fundamental background also helps to understand the overall picture. Moving averages and MACD indicators are main part of my technical analysis tools, so checking the mentioned indicators is first step then changing indicators to oscillators etc.
Do you mean at every part of of your day-to-day trading, you are switching your technical indicators so that you will be getting double confirmation for your entry and exit? I guess that must be a different still effective way of technical analysis because you are making use of different set of indicators for double confirmed signalsSo far I have heard only about the traders who are switching over to different indicators only when their current indicators are not working properly but your case is something interesting.
Do you change it quite often depending on how good or bad your strategy is going?
Or are you a professional trader who is loyal to his set of Indicators for each trade
That is just a myth about professional way of trading. There cannot be any common practice among all professional traders hence you cannot sure about that all professional traders are always using same kind of indicators or same kind of strategies. There will be no point of making use of same strategy when it is not profitable and similarly no one is going to change a strategy which is good in consistent profit making.Or are you a professional trader who is loyal to his set of Indicators for each trade
We should be open to new strategy at any time because we cannot be sure about our current strategy might be always effective against ever changing volatility of bitcoin market.
As often as possible as the market trend changes. Indicators could be leading or lagging so both suits different markety condition. If it's a trending Market I prefer a leading indicator but for range market or choppy market I use a lagging indicator to dictate when a new trend is ready to form. Changing indicators should be as often as possible because it helps give market precision
Do you change it quite often depending on how good or bad your strategy is going?
I guess that as long as a trading strategy stays profitable, no trader will prefer to change it. Probably people may look to adopt a new highly effective strategy even they are already doing with a profitable strategy. There will be no requirement in trading to use multiple strategy on rotation as that may lead to more complicated trading routine regardless of profitability levels.are you a professional trader who is loyal to his set of Indicators for each trade
Who said professional traders are rarely changing their indicators/strategies? Not all traders are comfortable to stick with same strategy for all market conditions which means according to market volatile nature, professional traders might use different strategies; it is possible only by experiences. 
I don't change the indicators I use very often, because it will only slow down my trading. I'm still using some patent indicators that are ready to go and I've got the hang of. it's easier and faster because it's been applied every time I open the trading tool that I use. maybe only some minor changes will be made.
I do think that it would be good to stick to the indicators that you know already. Do you want to share the specific indicators that you use? I'm interested in seeing some strategies that work the best. What trading tool are you using as well? 
As the title says, Do you change it quite often depending on how good or bad your strategy is going?
Or are you a professional trader who is loyal to his set of Indicators for each trade
Share your thoughts!
I change depends on the trend of the coins/tokens I’m searching for since all of them have a different price trend so in order for you to become more successful in trading, you must use different indicators though most of the time, I use the same indicators just different in approach and timeline. Or are you a professional trader who is loyal to his set of Indicators for each trade
Share your thoughts!
or what does it mean but in overall aspect most of them does share up on that common aim and it will just demand on how someone would able to use it on that proper way
So it will really vary if you do ask me thats why you should really be that wise on using any of it.
Changes would be there according on particular situations or conditions.
As the title says, Do you change it quite often depending on how good or bad your strategy is going?
Or are you a professional trader who is loyal to his set of Indicators for each trade
Share your thoughts!
I change depends on the trend of the coins/tokens I’m searching for since all of them have a different price trend so in order for you to become more successful in trading, you must use different indicators though most of the time, I use the same indicators just different in approach and timeline. Or are you a professional trader who is loyal to his set of Indicators for each trade
Share your thoughts!
I don't twerk my indicators once I have them set. I just let them roll. But I can try out new ones from time to time once I find anyone trending or hyped ones . Otherwise, I feel there's no need changing indicators if they're still winners. Maybe it could be that I dwell more on "leading indicators" than lagging ones. If it's leading, they consist of lines that draw basically support and resistance that don't repaint. So, in all ramifications I seldom change indicators. I like to keep my charts simple and not cluster them.
When I started to trade, I began to try out and trade mostly out of multiple indicators. Like a lot and find different indicators that I feel suit my taste and made me think that it will be a successful setup or something. As time goes by and I experience a lot of different market volatility, it's better to stick with sound risk management and consistency. Because you couldn't get a 100% setup with anything in trading, the risk should be controlled, and it has been the best strategy ever since.
I don't change the indicators I use very often, because it will only slow down my trading. I'm still using some patent indicators that are ready to go and I've got the hang of. it's easier and faster because it's been applied every time I open the trading tool that I use. maybe only some minor changes will be made. 
As the title says, Do you change it quite often depending on how good or bad your strategy is going?
Or are you a professional trader who is loyal to his set of Indicators for each trade
Share your thoughts!
Not so often but literally, I change my indicators as I change my strategy as well. I can't hold those indicators that are not effective anymore, perhaps, it is a need to change them to have a profit, or else, we just lose. And there is no reason why we should keep them forever.Or are you a professional trader who is loyal to his set of Indicators for each trade
Share your thoughts!
Even a professional trader will act the same. I've never known how good to be loyal to our indicators as sometimes we make decisions to abandon them and look for another for some reason and I think, it is a must.
As the title says, Do you change it quite often depending on how good or bad your strategy is going?
Or are you a professional trader who is loyal to his set of Indicators for each trade
Share your thoughts!
for me it depends what's strategy i want to use base on the structure as well. If it's swing trade i used EMA 20-50 and Bollinger bands and MACD for confirmation. And when it comes demand and supply, sometimes i don't use any indicators wherein i just put drawing on the levels then wait for the confirmation such declines from the zone. And last but not the least break out and trend line. The same with D&S but i combined RSI for divergence. Or are you a professional trader who is loyal to his set of Indicators for each trade
Share your thoughts!
For me technical analysis is more important to recognised the structure of every coins, hence if you are not familiar with the candles sticks it's impossible to have good winrate even you used all the indicators in the tradiview.
When I started to trade, I began to try out and trade mostly out of multiple indicators. Like a lot and find different indicators that I feel suit my taste and made me think that it will be a successful setup or something. As time goes by and I experience a lot of different market volatility, it's better to stick with sound risk management and consistency. Because you couldn't get a 100% setup with anything in trading, the risk should be controlled, and it has been the best strategy ever since.
Indicators won’t help you if you don’t know how to trade. They are never accurate. They are more of a confirmation but should never be used alone.
There are so many times when a MA can cross and you might signal a long on one timeframe but short on another. Or MA can tell you to long and RSI tells you to short. So they will never be reliable as you want them to be.
With experience you will know which trades to take and use indicators as a confirmation.
There are so many times when a MA can cross and you might signal a long on one timeframe but short on another. Or MA can tell you to long and RSI tells you to short. So they will never be reliable as you want them to be.
With experience you will know which trades to take and use indicators as a confirmation.
Therefore, in implementing an indicator and combining it with other indicators, there is only one key to success, which is where we really understand the function of the indicator and know the level of advantages and disadvantages. A trader does not change too many indicators if what he is currently using is effective and has been fully mastered. In general, trading indicators are just a measuring tool to provide convenience in determining open and close targets. So that measuring the level of success depends on the level of mastery owned by the trader himself.
This is true. Having to change several indicators over again after your first analysis will just paralyze you in executing. Too much analysis will confuse you in the process.
You will have another analysis of where the trend will go after changing another set of indicators. I will prefer to use the indicators that I have already trusted which are my favorite indicators to use.
I'm not a professional trader, I use only a few indicators that I know. One or two indicators if mastered well will be able to read the market well. useless if there are many indicators but not optimal.
Sometimes only certain indicators are used and not others. fiddling with old indicators with new ones will only confuse you. I use certain indicators and I'm good at it.
Sometimes only certain indicators are used and not others. fiddling with old indicators with new ones will only confuse you. I use certain indicators and I'm good at it.
are you a professional trader who is loyal to his set of Indicators for each trade
Even I am not considering myself a professional trader, I am always loyal to my trading strategies and I prefer to keep using them without messing up with new things. Only when traders could not find continuous profits with currently using indicators, may start looking for new ones but I am using a different approach to skip not-sure signals which must be a reason why my strategy looks perfect to me. Honestly I do not have plan to adapt any new strategy in near future.
I do not change my indicators too often because I do not familiarize so many indicators. I use RSI, MACD, and Bollinger Bands which is enough for me to see where the line will go. But that can not always give me the right time to enter the market because I think there is need more indicators to get more info about the trends. But that indicator is enough to have analysis for the market moves, even for newbies to see the trend.
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