Why and When to Use Indicator 1. You can use indicator as a p | Trading Crypto Guide ™

Why and When to Use Indicator

1. You can use indicator as a part of your strategy. Using Indicator in the part of entry and exit is the most common method.

2. Use indicator just to add confluence to you bias. You can have strong bias over your entries with the help of the indicator.

3. You can also use indicator to anticipate reversals in the market. But yes you should make sure its probability and should be done on long-term.

4. Though indicator are lagging and some are leading but still you can use it. But we suggest to use price action when it comes to decision.

5. Most importantly is don't fully rely on indicators as it can be totally leading or lagging as mentioned in previous points. So, the indication suggested can be useless or may be big failure for strategy.