I’d like to express a few thoughts regarding indicators, because 90% of people use them in the wrong way. (sacrificing a lot of money)

𝗥𝗲𝗮𝗱 𝘁𝗵𝗶𝘀 𝗽𝗼𝘀𝘁 𝗯𝗲𝗰𝗮𝘂𝘀𝗲 𝗶𝘁'𝘀 𝘃𝗲𝗿𝘆 𝗶𝗺𝗽𝗼𝗿𝘁𝗮𝗻𝘁, 𝗯𝗲𝗹𝗶𝗲𝘃𝗲 𝗺𝗲.

It's very common to see MACD, Stochastic, RSI, Gaussian Channel and plenty of other “magic wands” plotted together in one single chart.

“𝗥𝗦𝗜 𝗶𝘀 𝗶𝗻 𝘁𝗵𝗲 𝗼𝘃𝗲𝗿𝗯𝗼𝘂𝗴𝗵𝘁 𝘇𝗼𝗻𝗲, 𝗜 𝗻𝗲𝗲𝗱 𝘁𝗼 𝘀𝗲𝗹𝗹”

Wait, you inexperienced Padawan.

You’ve been misled by fake gurus that taught you the “retail way”, aka the easiest path to go broke.

What most individuals don't comprehend, along with the functioning of indicators, is that the majority of them are lagging ones.

This means that they trail price movements providing signals AFTER a trend has already begun.

They don’t forecast the future, they “help” to sustain your main thesis, eventually.

And your thesis HAS to be originated by the study of the price action together with the fundamental connotation BEFORE using a single indicator.

Base your strategy on indicators ~> rekt, gulag and harakiri pooled together 💀

In reality, you can completely live without them and be one step ahead of most “traders”. (most profitable people I know rely on naked charts only)

“𝘽𝙪𝙩 “𝙓” 𝙖𝙘𝙘𝙤𝙪𝙣𝙩 𝙞𝙨 𝙨𝙚𝙡𝙡𝙞𝙣𝙜 𝙖𝙣 𝙞𝙣𝙙𝙞𝙘𝙖𝙩𝙤𝙧 𝙩𝙝𝙖𝙩 𝙞𝙨 𝙢𝙖𝙠𝙞𝙣𝙜 𝙥𝙚𝙤𝙥𝙡𝙚 𝙧𝙞𝙘𝙝!”

Nah, the indicator is probably making HIM rich, because he's selling it to the masses.

Fix it in your head: 𝘁𝗵𝗲𝗿𝗲'𝘀 𝗻𝗼 𝗶𝗻𝗱𝗶𝗰𝗮𝘁𝗼𝗿 𝘁𝗵𝗮𝘁 𝗮𝗰𝘁𝘀 𝗮𝘀 𝗮 𝗽𝗮𝘀𝘀𝗲-𝗽𝗮𝗿𝘁𝗼𝘂𝘁 𝗳𝗼𝗿 𝗾𝘂𝗶𝗰𝗸 𝗮𝗻𝗱 𝗲𝗮𝘀𝘆 𝗺𝗼𝗻𝗲𝘆.

It doesn't exist.