DislikedProperly understood and used, indicators do give trading signals. As far as a simple 24 period MA, no that would not be sufficient to make trades off of.Ignored
24sma gives me an idea of price if my other analysis match its moves then I take the trade..
This is not intended to begin an argument its too inform those looking for perfect systems that they dont exist you need knowledge of all sectors on the analysis before taking the trade you use indicators to put you on the right path of thinking. At least that works for me in my case..