⚠️ Common Mistakes with Indicators

🚫 Trading on indicator colours or crossovers alone: Indicators react to price — they do not predict price. Acting on a single color change without context is risky.

🚫 Using too many indicators: Overloading the chart creates noise and conflicting signals.

🚫 Reading indicators before the candle closes: Indicators update in real time. Always wait for the candle to close before reading or confirming signals — this prevents false entries.

🚫 Relying on just one indicator: Never use only one indicator for analysis. No single tool captures all market conditions — indicators are meant to complement each other.

🚫 Ignoring fundamentals: Indicators show technical data, but markets move on news and sentiment. Add fundamental analysis to your strategy for better decision-making.

✅ The RightWay Approach — What to Do Instead

💡 Key Idea:
Use indicators to confirm your trade plan — never to create it in isolation.

1️⃣ Start with price structure Identify trend on your main timeframe.

2️⃣ Wait for the candle to close Never analyze indicators on an open candle — readings can change before the candle closes.

3️⃣ Use 1–3 complementary indicators Example combo:

• Trend → EMA (14)

• Momentum → CCI (11)

• Volatility → ATR (22)
  These work together, not separately.

4️⃣ Follow higher-timeframe trend Always align trades with the bigger picture.

5️⃣ Add fundamentals Know upcoming economic events, speeches, and data releases. Avoid trading blindly into major news.

6️⃣ Plan risk too Decide your stop-loss, lot size, and risk percentage before entering. Stick to your plan.