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Honestly, I’ve thought for a long time whether trading indicators are even necessary.
But then I realized — without them, it’s harder to catch trends.
I’m not talking about magical signals, but they help see the market structure.
Here’s what I actually use and see on other traders’ charts.
Moving averages (MA and EMA) are fundamental, they help understand the direction.
MACD shows momentum when the lines diverge.
Bollinger Bands are useful for identifying overbought conditions.
I look at RSI when I need to understand if prices have reached an extreme.
Next are more complex tools.
Fibonacci works on retracements, Ichimoku provides a full picture of trend and support.
Standard deviation and ADX are for those who want more precise levels.
Trading indicators are not a “make money” button, they’re a help in analysis.
The main thing is to combine them with risk management.
Everyone chooses what suits them.
Some scalp on MA, some swing on Ichimoku, some wait for RSI signals for position trading.
What I’ve noticed — beginners often catch themselves in emotions and open positions without confirmation.
Trading indicators help eliminate subjectivity.
Not perfect, but better than guessing with candles.
The main thing is to test on historical data and not believe in 100% accuracy.