Thread: Does anyone operate without indicators? Only price and volume

I open this thread because lately I've been getting away from all the classic indicators (RSI, MACD, MA, etc.

You're not crazy, mate. I also operate only with price action and volume. Since I left the indicators my operation became cleaner and less emotional. Yes, you have to train your eye and accept that you're going to eat dirt for a while before you fine-tune the reading.

Look, if you need five indicators to make a decision, you're not analyzing the market, you're guessing.

I tried for a while and sincerely felt blind. I eventually returned to an EMA and filtered volume. I don’t think it’s necessary to operate “pure”, but less overloaded.

I'm the guy who only uses the DOM and the limited orders I see in the depth of the market. I don't even look at candles.

It's not about being a soulless purist. If using only price and volume works for you, great. But you don't have to look over the shoulder that does well with a well calibrated MACD. Here all that matters is balance.

Totally agree. The indicators only give you a late version of what already happened. Price and volume are the only thing that exists in real time, the rest is makeup.

Of course you can operate without indicators, but don’t expect it to be easier. It’s harder, more technical and more demanding. It’s not for everyone, let alone for those who want shortcuts or magic signals.

I went to price action two years ago and eliminated 80% of the mental noise. Now I have only two questions in each entry: where is the money? And who is losing it?

Let's be honest: many use 5 indicators because they have no idea what they're seeing. It gives them security... like the wheels on the bike. But that's not why they're pedaling better.