Indicators 101

hey there just my thoughts on indicators whilst answering a post on a forum ............ indicators take a lot of grief from traders who dont know how to use them effectively the main complaint is :- " ALL Indicators are Lagging ..........." well i have news for all traders .................. everything regarding signals in trading is lagging...........the next bar direction , tick size or whatever you use to identify HISTORIC price activity indicators are part of the same issue.....traders just create an illusion that they have more immediate signals and patterns ..........but thats an illusion im afraid......we are all in the dark on what happens next dont fool yourselves into a delusional confidence that has no right to exist ............, other thoughts on indicators .......... 1) theres a lot of ineffective ones that dont do what they are trying to do 2) theres a lot of multi purpose indicators that try to do too much (jack of all trades) 3) theres a lot of Indicators that traders use in the wrong way I would say identify what you actually want from the indicator current directional Bias current Volatility of instrument current momentum/strength of Instrument then find an indicator / setting that identifies these SEPERATELY ........please please dont do a 1 size fits all .........the swiss army knife indicators out there that have been paraded for decades are not sometimes as good as they seem but thats just me guys opinion....let me know what you think ? good hunting Neil NVP

20 views0 comments

Recent Posts

See All

10 Year Youtube Anniversary ....

10 year anniversary for some of my Youtube Forex Videos... amazing to look back and see robust systems even then ... sure my Stuffs evolved over the last 10 years (alongside another 2.5 million views

Great Trading Advice

very true indeed ....

© 2023 by Walkaway. Proudly created with

Website and Video Disclaimer: Any Advice or information on this website is General Advice Only - It does not take into account your personal circumstances, please do not trade or invest based solely on this information. By Viewing any material or using the information within this site you agree that this is general education material and you will not hold any person such as myself or entity responsible for loss or damages resulting from the content or general advice provided here by, it's employees, directors or fellow members. Futures, options & spot currency trading have large potential rewards, but also carry large potential risk. You must be aware of all the risks & be willing to accept them in order to invest in the futures and options markets. Don't trade with money you can't afford to lose. This website is neither a solicitation nor an offer to Buy or Sell futures, forex, cfd's, options or other financial products. No representation is being made that any account will or is likely to achieve profits/losses similar to those discussed in any material on this website. The past performance of any trading system or strategy is not necessarily indicative of future results. Any information, news, research, analysis, prices, or other analysis contained on this website is provided as general market commentary & does not constitute investment advice. We will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from the use of or reliance on such information. Copyright@2018 FXCORRELATOR.COM 

  • Facebook Black Round
  • Google+ - Black Circle
  • Twitter Black Round