Traditional charts and indicators no good?

Beginner Questions
#1

Hi, I have been seeing alot of adverts recently from ex traders / companies suggesting that the traditional charts and methods which are usually taught are “useless” and not used in reality by big players. Instead they suggest to use other methods and things like order books.

I guess they are all out to sell something (training and so on) but was interested in knowing what people’s thoughts were on this??

#2

I wouldn’t disagree. The big players start the trends and then they follow them.

But order books? For private retail forex traders? Is that their best and serious suggestion?

#3

To become a good trader, there is no alternative to understanding the market chart and indicators.

#4

Indicator and chart knowledge is essential for traders because this knowledge is essential for better market forecast.