How often do you change your indicators?
How often do you change your indicators?
As the title says, Do you change it quite often depending on how good or bad your strategy is going?
Or are you a professional trader who is loyal to his set of Indicators for each trade
Share your thoughts!
Not too often, maybe I only set indicators once a month to test the effectiveness of one indicator against another. As that indicator will be effective if we test it for some time. Changing it in a short time did not make me quite satisfied with the results I got. therefore personally the application of futures indicators has become the most important thing in my trading.
I usually change indicators if the set of indicators that I used has a conflict signal to each other. I used other signal like Bollinger and the 3 EMA lines to verify on which indicators on my original set showing a valid result. But this is very rare scenario and most when I’m just trying enter a position for leverage trading which is very crucial due to its short time frame requirements.