Reasons why it’s better not to put any analysis
Better not to include anything
Probably, if there is even one indicator, you are bound by it just by having it = you won’t make a profit
In the end, the bad part is that you can’t keep up
If you can somehow manage that, indicators become nothing but an obstacle no matter how far you go
One indicator is enough
There’s no need to have two
Two would lead to multiple averaging and renders the indicator meaningless
Indicators become a hindrance when they are overall
Even when aiming for the trend, indicators end up hindering and becoming noise
Since there is no absoluteness, including indicators becomes increasingly meaningless
If you can follow just the chart
There is no need to bother including an MA in indicators
In the end, the places you can take are
Support/Resistance, trend, and breaks, basically
Not something you would bother adding indicators for
Even if you add one, it would be only one indicator for one analysis
Therefore, an envelope on the outer band is not necessary
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