Newbie Question, Indicators on Indicator

Hi, I am practicing with a demo acc. and I found out that you can put indicator on other indicators, like you can add momentum or the linear regression on the rsi. And there’s nothing about it in the school, so I have the following question:

Should you use vanilla Oscillator or should you use customized ones?
Or are they only used to read better the indicator and have nothing to do with a trading system?

man I have even so many question about community made indicator for MT5 and self-made indicator and algo trading with pine editor on TradingView, but let s focus on one questions XD.

thanks for the attention

I have to come at this from a different direction. Start with your strategy. The strategy will demand answers to certain questions, which must be resolved for the strategy to be run effectively. If the price chart cannot answer the question, add the indicator that does.

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There are strategies that use a single indicator, and there are approaches that combine several indicators.
We try to calculate the market situation as much as possible, which is normal.
You need to try both to see what gives you more insight.
Especially since you are still working on the demo.
There’s no need to rush yet.

Of course you can do that, that’s the only way many people work… Just don’t use too many of them, I think more than 3-4 indicators is too much. Although they can work for different asset groups. A lot also depends on your portfolio in fact.

agree with your message.

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