“Everything should be made as simple as possible, but not simpler.”
— Albert Einstein*
Nowadays, market participants have a plethora of technical tools and studies at their fingertips. A common malady afflicting traders is paralysis from over-analysis. To break that stupor, we apply the Navy’s KISS principle (Keep It Simple, Stupid).
Find a handful of indicators you like best and use them.
Good luck in your trading!
* This quote may be misattributed to the great theoretical physicist and philosopher. I don’t want to exacerbate that, but it is quite widespread and suits him so well. We won’t quibble. The horse has left the barn, the train has left the station, the cat’s out of the bag (oh, I don’t like that one:-), etc. Take your pick. It could always be worse.