For someone starting out with indicators, maybe figure the logic behind what the indicator is trying to indicate.
For example right before a news release is it possible for an oscillator to indicate which side is likely to win.
The most up-to-date example is this evening’s Jackson Hole chin wagging.
Usd/Jpy - price reached up to hit the high 2 days ago pre the talking, so it seemed as if the momentum was up, but did any of the oscillators agree today when the push up happened?
Some of the simple indies on mt4 will tell a tale, say momentum or rsi or macd - did any of them make that new high of today - or were they diverging?