Best Scalping Indicators

Pat494

Legendary member
13,754 1,383
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.
 

wackypete2

Legendary member
10,200 2,044
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.
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
 

foroom lluzers

Veteren member
3,611 135
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.
Pat

I am from county Mayo

support and resistance indicators on htf are not lagging , they are forward looking . if they know how much guiness is in them.The only thing lagging is your knowledge.
 

EDWINGENTNER

Junior member
12 0
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?
 

foroom lluzers

Veteren member
3,611 135
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.
 

Isco

Newbie
1 0
Scalping indicates to short time trading. A trade which is opened for a short period of time for a short profit is called scalping. Several scalping strategies are being used by several traders. Usually a scalping trade is opened for not more than 15 pips. It is not a proper trading system but is the best technique of earning money. As a scalper I use moving average strategy to scalp on market.
 

NVP

Legendary member
36,737 1,871
scalping is the same as everythign else in this business.........spend thousands of hours studying markets , techniques , systems and then find yuor own way .....nothing works even 70% of the time so dont fool yourself looking ..........
 
  • Like
Reactions: wackypete2

Similar threads


AdBlock Detected

We get it, advertisements are annoying!

But it's thanks to our sponsors that access to Trade2Win remains free for all. By viewing our ads you help us pay our bills, so please support the site and disable your AdBlocker.

I've Disabled AdBlock