Brokers have so many indicators that you are never going to even use a hand full of them if you do use them, but the question is do you need them to be a profitable trader? The blunt answer is no! the reason is that most profitable traders understand the market through price action and support and resistance. They place trades based on knowledge, not because an indicator told them too. Its a very dangerous situation to depend on indicators to place your trades without understanding the market. However, if you do understand the market, one or two indicators might enhance your trading but as I have found over the years, most indicators are lagging indicators and don't tell you the relevant information until the move has taken place and you're too late. So if I had any advice for anyone that is new to trading or using indicators purely to place trades is to learn about market structure and how to read the market, your trading gets a lot less stressful and your charts get a lot cleaner from there.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.