[Important] Technical Course｜How to Choose Indicators
【Technical Course】
More than 30 indicators, which one is the right choice?
The shortest roadmap for the troubled trader
Thank you for always using FX-Skull tools. Currently, I am selling more than 30 indicators, offering not only signal tools but also numerous tools intended for environment recognition and trade support.
With so many options, we often hear from users:“Which one should I start using first?”We have written a clear answer to that question in this article.
Recommendation No. 1: Dow Theory Learning Pro
If you don’t understand this, trading is “dangerous.”
In trading, understanding highs and lows and Dow Theory is essential. If you master this basics, you can win with moving averages alone, but if you don’t understand it, you will surely lose. First, use this tool to develop a lifelong ability to read the market environment.
■ Two options after mastering Dow Theory
After learning the basics, choose tools to supplement your weaknesses in line with your trading style.
1. For those who want to use a signal tool
If you want to capture opportunities efficiently, implement a signal tool. However, don’t just follow the signals;“a tool that supplements your trading weaknesses for market environment recognition”and use it together. For example, add a filter to avoid market-range false signals and raise your win rate.
2. For those aiming to become full-fledged discretionary traders
Even if you aim to trade mainly with candlesticks, choose tools that aid your judgment. Selecting tools that visually supplement the moments of doubt in your trading is the fastest path to stable profits.
■ What I want to say finally
First, a demo account is perfectly fine. Try trading with only candlesticks while consciously noting highs and lows, eliminating signal tools and technical indicators for a moment. From what you realize there, searching for indicators to cover your missing pieces is the wisest way to choose.
Please lower your device volume or mute as needed when playing.
