Combining Technical Indicators

Combining Technical Indicators
In a perfect world, we could take only one indicator and work strictly according to what this indicator tells us.

The problem is that we do not live in a perfect world, and each of these indicators of technical analysis have their imperfections. This is the reason why many Forex traders combine different indicators to be able to check them together.

As you progress on your journey as a Forex trader, you will discover the indicators that work best for you.

Any trader can tell you that he likes to use the MACD, the Bollinger Bands, the Stochastic, the Parabolic SAR, the RSI, ... but maybe your preferences are different. Other traders will tell you that they do not use any of them.

Each operator has tried to find the magic combination of indicators that will give the correct input and output signals, but the truth is that it does not exist.

We, at Mundo-Forex.com, invite you to study each indicator until you know the exact way in which it reacts to price movements. Then you can make your own combination of indicators according to your way of operating.

Later we will teach you different combinations of indicators that will give you an idea of ​​how they complement each other.

NOTE: This article is not an investment advice. Any references to historical price movements or levels is informational and based on external analysis and we do not warranty that any such movements or levels are likely to reoccur in the future.