Why do some people love indicators and others hate them?
People get into debates about indicators because everyone has their own way of looking at the market, and some just love to hate on anything that’s not their way.
The crucial thing to remember is that you should only take advice from profitable traders. On the internet everyone has an equal voice, from the guy with 20 years' experience to the person who started 2 weeks ago. The opinion of a loser isn't something you should take seriously.
Why Some People Hate on Indicators
- “They’re Too Slow”: Indicators are based on stuff that already happened (like price or volume), so people argue they’re always late to the party.
- Over-Reliance: Some traders slap on 10 indicators, hoping for magic, without understanding how they actually work—then blame the indicators when things go wrong.
- “Keep It Simple” Crowd: Some traders swear by just reading raw price charts (price action) and think anything else is overcomplicating things.
- Context Matters: Indicators work better in certain market conditions, like trending markets. If the market changes, indicators might lag or give false signals, and people think they’re “broken.”