My beginner template!

Deleted 05/02/2017


I personally would get rid of most, if not all, of those indicators. Keep it simple. Take a look at the Ribbon system or 3 ducks system, both have threads on here, both easy to set up and follow, and both work

Hello kafeldom,
First of all, you have to learn how to recognize support and resistance which is the most important for me in a chart and then indicators. All traders need a lot of experience and spend hours in front of charts especially on a demo account first before they move on to a live account.

I am still not an expert but I think that too many things are happening in this chart. The indicators are way too many for a newbie and are becoming quite confusing. While you’re still learning, you need to keep things simple. Focus on one indicator, one chart, one instrument then move on to the other. Otherwise it all will become a mess in your head and this could destroy your motivation. Back off a bit, rethink your strategy and again… keep it simple. Good luck! :slight_smile: