Hey Guys,

I am a newbie in forex trading and i will really appreciate if anyone can share their experience regarding MACD, Stochastic, RSI & Divergence.

* Time Frame: Daily Charts

* Currency: GBP/USD

* Indicators Used: MACD, Stochastic, RSI & Divergence (all defaults mode)

* Can i use all these indicators together?

* Can i used them on defaults modes? if not, what's the best setting for each of these indicators for my trading style/period....and also why?

* Do they work well together?

* Are they enough as an indicators for traders to make trading judgments? if not, what other indicators do i need to compliment/use together with the indicators that i'm currently using?

I do use MACD, Stochastic, RSI & Divergence indicators at this moment trading demo.I always make sure that at least 2 - 3 of these indicators are giving me the same trend/direction signals before i place my trade. And yes, they are profits......

Guys, please do not hesitate to post replies and answers to my inquiry.

I thank you for your time and hope you have a great day

Cheers

I am a newbie in forex trading and i will really appreciate if anyone can share their experience regarding MACD, Stochastic, RSI & Divergence.

**A little about how i trade:*** Time Frame: Daily Charts

* Currency: GBP/USD

* Indicators Used: MACD, Stochastic, RSI & Divergence (all defaults mode)

Now what i will like to know/seek advise on is:Now what i will like to know/seek advise on is:

* Can i use all these indicators together?

* Can i used them on defaults modes? if not, what's the best setting for each of these indicators for my trading style/period....and also why?

* Do they work well together?

* Are they enough as an indicators for traders to make trading judgments? if not, what other indicators do i need to compliment/use together with the indicators that i'm currently using?

I do use MACD, Stochastic, RSI & Divergence indicators at this moment trading demo.I always make sure that at least 2 - 3 of these indicators are giving me the same trend/direction signals before i place my trade. And yes, they are profits......

**(please tell me what you think about this approach? is that a correct/good way to read the charts?)**Guys, please do not hesitate to post replies and answers to my inquiry.

I thank you for your time and hope you have a great day

Cheers