Thread: Does it make sense to operate without technical indicators?

Lately I have been rethinking my whole approach to technical analysis. I have realized that I spend more time looking at RSI, MACD, Bollinger and a million lines on screen than really understanding what the price is doing. I wonder if it makes sense to operate only with price action, key levels and volume. Without traditional technical indicators. I am interested to know if someone here has left the indicators behind and had better results. Does anyone operate like that? Or is it crazy to think that you can win without indicators?

It's not crazy. I stopped using indicators a year ago. I just look at supports, resistances and market structure. My results improved because I started seeing the clean chart without so much noise.

Thank you for opening this topic. I’m also tired of seeing Christmas tree graphics. Visual overload kills clarity.

Yes you can, but you need a lot of discipline. I operate with pure price action, but it requires practice and a lot of patience. There are no automatic signals, only well thought out decisions.

Of course it makes sense. Indicators only represent data that is already on the chart. Price is the main indicator, everything else is delayed interpretation.

And how do you define your entrances and exits if you don't have indicator confirmations? Everything based on candle patterns? Sounds too subjective to me.

It is not subjective if you have clear rules. For example: if there is a rupture of a resistance with increasing volume, I enter. If the price returns and makes retest, increase position. The important thing is that it is repeatable.

I never understood why people get married with a single focus. Why not use both? Price action + a simple indicator like an EMA gives you context without complicating you.

Much of the problem comes because most people are looking for magic signals. If you remove the indicators, you force yourself to think. And that hurts.

I use a completely blank graph. No volume I put. Only price, key levels and structure. Less is more.