EDWINGENTNER
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What indicator you use for scalping?
All the indicators lag and are therefore useless.
Use your brain after perusing the chart imho
I wasted years fiddling about with Macd, RSI and the rest.
All the indicators lag and are therefore useless.
Use your brain after perusing the chart imho
I wasted years fiddling about with Macd, RSI and the rest.
. The real difference is the extent of the lag.
Peter
Completely false. Many people, including myself, use indicators with good results. I agree indicators lag, but for those who advocate price action, just remember...if you base your trading on one or more previous candles or bars then that is lagging too. Any trading where you look at what happened previously, even just 1 minute ago, is lagging. The real difference is the extent of the lag.
Peter
Yes, I am totally agree that some indicators like S/R
or channels are not lugging and I use them. Maybe it is a good idea to use it together with momentum indicators?
there are no scalping indicators
why?
if you want to take 1 to 5 pips profit , you don't need indicators to tell you this , it is a dumb game anyway , you might as well do it randomly.
Scalping is as good as random trades.
Thank you. But for my opinion good momentum indicator can be useful.