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Forex question How many theories and indicators do you need?
avatar Matthew
Question by: Matthew - 17 May 2016, 01:27:34
How many theories and indicators do you need?
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Answers (1)
avatar user 9407
Answer by: BoyceAve - 17 May 2016, 01:32:23

I rarely combine two or more technical indicators to confirm a trading signal. Most of the indicators are based on the same price data - adding them together does not increase accuracy but instead adds lag to the combined signals.

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