More study, less indicator

The more you study, the less indicator you use.

When I started 2 years ago, my monitors were full of indicators. Over time, I studied and automatically removed the indicators. If I use moving averages on my chart, what is the logic of using stochastic? It has indicators that tell us the same things. Indicators are just a distraction from what is really going on. Currently, I only use what I really need and read. An indicator, it needs to be easy to read. He knocked his eye, understood what was happening. I believe they are on the right path.

Sorry for my English

"naked charts"
I just need daily pivot points and EMAs to see trends. Then if I am considering an entry then I will look at stochastics for guidance. I have also heard that top traders who work at banks don't use much indicators either.

I think it`s a 50:50 situation. Yes, you`re right, there`s no need to over use indicators but not use them at all... it`s quite strange for me.

I can only partly agree with you here.
You are absolutely right that studying the market is much more important than just use a bunch of indicators and it is also not very good idea to use millions of them simultaneously. However, I wouldn't say that they are absolutely useless. I believe that the main advantage of using indicators is the fact they visualise market information in different way. Even moving averages don't supply the traders with any new information of the prices. THey just represent the trends in lines which can be very convenient and indicative. I believe that before using this or that trading strategy which requires using some indicators, the first thing you should do is to understand what this or that indicator actually shows and how it works. It is also important to know strong and weak points of each indicator that you use in the process of trading. Some of the indicators are informative and accurate during strong trends, some of the indicators are more effective during flat markets.
So, I do support your idea that knowledge is much more essential than indicators.

What does "study" mean?

I think if we want to be successful in trading then we should do both study and also use and read indicators.

I was able to become profitable within one year of starting trading forex and I have to agree the simpler we make our edge to be, the clearer and more concise our trading becomes. If your edge requires you to have multiple indicators then so be it. Gotta focus on whats right for you. Trading is a personal journey.