Indicators in trading

Stumbled upon a webinar «The art of market analysis. Elliot waves» saw a wild formula using a bunch of indicators and oscillators and was horrified.

I use only levels and volume in my strategy., and trade from them. I don't use others at all.

It's very simple if two indicators give opposite results., means the likelihood that the market will move in one direction or another 50%, what to trade blindly. Why, then, bother yourself with the extra?

Of course in the algotrading, for sure, all assumptions are based on these indicators. The author of the webinar is doing just that..

But in hand trading I don't know if they help, is it worth doing complex calculations? Ведь это занимает время, which is so valuable when you need to make a decision.

Что думаете? Are using? Why?

  Martig Martig
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