[walterw]

Robert : Must admit it is a very nice indicators pack... not all indicators from this pack are that usefull, but I find pretty interesting the "OBV 2", the "trend Friend" and the "market trend 2" they are very nice indeed... I know this thread is about KISS.... I must admit on my experience and being an indicator trader. that if an indicator its correctly used and not considered 100% king it can help you KISS.... cheers Walter. and Robert thanks again for this collaboration...

[pimind]

I think we could all benefit from KISS which i believe is rooted in a well established theroy "Occam's Razor".

Those unfamiliar with this concept it simply states that "when you have two competing theories which make exactly the same predictions, the one that is simpler is the better".

[Jene]

There are so many strategies in forex that anyone gets confused which to leave and which to apply. As a beginner, simple forex strategy would be appropriate. Simple trading systems are good for beginners, but will not suit traders that are more experienced.

[sevensa]

Originally Posted by Jene »

There are so many strategies in forex that anyone gets confused which to leave and which to apply. As a beginner, simple forex strategy would be appropriate. Simple trading systems are good for beginners, but will not suit traders that are more experienced.

Why would simple systems not suit more experienced traders? Most experienced traders I have talked with and know have very simple systems. I have found myself that the simpler I have made my method, the better it worked.

[pimind]

Even if there was that one indicator that was right 95% of the time, their are people that would still try to use other indicators to try to improve that. It has been said that 70% of trading is mental. Most systems will make you money if you follow the rules and use good money management. I for one use to spend more time looking for and trying new indicators and systems than actually using them. I bounced and bounced. Wasted much time. .