It is quite a while I have been on this forum, I have noticed some people saying they are not using trading indicators for trading, some people highly recommend people to use indicators. As for me, I have noticed to better draw lines or just carefully look at the candle sticks which significantly got me many information about the next steps to take. Out of all the indicators, I have preferred the RSI but which I can still also predict from the candle stick and I like drawing lines which can easily indicate the extent market increase or fall.
I just want to ask this question, are you using indicator for trading? If using it for trading, is it helping you. I just want to go beyond what we are reading online and see what people will have on this.
If you are using indicators for trading, which ones have you used that make a good trades for you?
For me personally, trading indicators are a simplified approximation of chaotic price movement. The lines on an indicator give us a clear way to forecast the trend. And as you mentioned, something like the RSI is great for predicting reversal points.
To detect a trend, I use a volatility indicator, and for spotting reversals, I use Bollinger Bands