Free MT4 Indicator Grand Feature 7 From Gate Trader Motī to Everyone: Advice “How to Use Indicators”
※This article is a reprint and revision of FX攻略.com February 2020 issue. Please note that the market information written in the main text may differ from the current market.
Free MT4 Indicator Big Feature
⑦ Gator Trader Motty tells everyone, “This is how you should use indicators”
Motty’s Profile
An 8-year veteran trader with a side job. He captures the essence of the market and hones trading skills by riding the trend with a canonical approach. His main method is scalping. He actively shares trading information on Twitter and contributes to the improvement of other traders’ abilities.
Blog：http://motty-fx-trader.com/
Twitter：https://twitter.com/motty_gaytrader
It is important to stick with what suits you
Editorial department: Motty is extremely popular among FX traders, but please tell us how you used indicators when you were a beginner.
MottyIn the beginner days, I tried many different indicators. I downloaded many indicators that others didn’t seem to be using from free distributions and displayed several on the chart while thinking about what combination would win. However, since my purpose for use wasn’t clear, it became incoherent as I used them, and they were of no help in trading.
Editorial department: That’s a common thing for beginners. There are so many indicators that beginners can easily be overwhelmed. Moreover, MT4 can display multiple indicators at once, which can confuse beginners.
MottyThe big advantage of MT4 is that users can customize freely, but that freedom can also be a problem. Especially for beginners, using indicators different from others or chasing originality by combining multiple indicators can lead to confusion and dead ends.
Editorial department: Motty, you also struggled when you were a beginner. What was your chart screen like then?
