Comments on: Indicator or Indicatorless http://www.tradergav.com/2007/01/15/indicator-or-indicatorless/ Forex,Currency, index and stocks trading blog, be inspired by good trades Tue, 16 Mar 2010 23:53:16 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Adam Halpern http://www.tradergav.com/2007/01/15/indicator-or-indicatorless/comment-page-1/#comment-5150 Adam Halpern Thu, 22 Oct 2009 04:12:02 +0000 http://www.tradergav.com/2007/01/15/indicator-or-indicatorless/#comment-5150 Nice post! Thank you for taking the time to write this. Keep up the great work. Nice post! Thank you for taking the time to write this. Keep up the great work.

]]> By: Craig http://www.tradergav.com/2007/01/15/indicator-or-indicatorless/comment-page-1/#comment-609 Craig Sat, 20 Jan 2007 16:22:39 +0000 http://www.tradergav.com/2007/01/15/indicator-or-indicatorless/#comment-609 Great post! I used indicators for years and never really got anywhere with them. I think many traders use them with tunnel vision. They only see the times on the chart when they give good signals - and ignore the times when they give bad signals. This gives them a false since of security when they enter and exit trades. Even though I don't use technical indicators to make buy/sell decisions, I find them to be a very useful tool for writing scans. Cheers! Great post!

I used indicators for years and never really got anywhere with them. I think many traders use them with tunnel vision.

They only see the times on the chart when they give good signals – and ignore the times when they give bad signals. This gives them a false since of security when they enter and exit trades.

Even though I don’t use technical indicators to make buy/sell decisions, I find them to be a very useful tool for writing scans.

Cheers!

]]> By: Gav http://www.tradergav.com/2007/01/15/indicator-or-indicatorless/comment-page-1/#comment-481 Gav Mon, 15 Jan 2007 13:39:22 +0000 http://www.tradergav.com/2007/01/15/indicator-or-indicatorless/#comment-481 Richard, I will be waiting for the articles from you... Richard, I will be waiting for the articles from you…

]]> By: Richard http://www.tradergav.com/2007/01/15/indicator-or-indicatorless/comment-page-1/#comment-480 Richard Mon, 15 Jan 2007 13:31:52 +0000 http://www.tradergav.com/2007/01/15/indicator-or-indicatorless/#comment-480 Yeah, I agree we need to know exactly what an indicator is doing mathematically in order to use it correctly. That's why I planned an announced a "Better Know An Indicator" series of articles several months back. Since then, I haven't found the energy to actually write the articles. Oops! But maybe sometime soon... Yeah, I agree we need to know exactly what an indicator is doing mathematically in order to use it correctly. That’s why I planned an announced a “Better Know An Indicator” series of articles several months back. Since then, I haven’t found the energy to actually write the articles. Oops! But maybe sometime soon…

]]> By: John Forman http://www.tradergav.com/2007/01/15/indicator-or-indicatorless/comment-page-1/#comment-478 John Forman Mon, 15 Jan 2007 10:06:23 +0000 http://www.tradergav.com/2007/01/15/indicator-or-indicatorless/#comment-478 The underlying "problem" with many technical indicators is that they are representations of representations. By that I mean a price chart is only a representation of the market. It is not the market itself. When you then create and indicator based on the price chart you are in effect developing a representation of the chart, thus a representation of a representation. You take yourself a step further away from the actual market. That is one of the reasons some folks disdain the use of indicators. The underlying “problem” with many technical indicators is that they are representations of representations. By that I mean a price chart is only a representation of the market. It is not the market itself. When you then create and indicator based on the price chart you are in effect developing a representation of the chart, thus a representation of a representation. You take yourself a step further away from the actual market. That is one of the reasons some folks disdain the use of indicators.

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