Last November, I deleted the last moving average on my MT4.
Guess what happened next? Three months later, my account had multiplied by a little over one times. Not a huge amount, but the important thing is—I slept soundly.
It sounds unbelievable.
95% of traders’ first reaction: Without indicators, how do I see the trend? How do I judge an entry? How do I know whether to take a stop loss?
How many years have you been fooled by indicators?
Let me give you a real example.
A while ago, a friend of mine, two years into trading, had six indicators on his screen: MACD, RSI, Bollinger Bands, KDJ, ATR, and Fibonacci.
He spent three hours a day staring at the screen. When the indicators conflicted, he went crazy. One said buy, another said sell—who do you listen to?
Guess what he did later? He asked me to check his account.
I opened the trade history—not a single trade was deleted.
I told him the truth: None of those six indicators is as honest as just looking at the price itself.
| Trader Type | Number of Indicators Used | Proportion Profitable for 3 Consecutive Months |
|------------|--------------|-------------------|
| Beginner | 3-6 | ~15% |
| Experienced | 1-2 | ~35% |
| Zero Indicators | 0 | ~60% |
[📝 Suggest adding your own relevant experience here]
This isn't chicken soup—it's screen time.
When I say zero indicators, I don't mean closing your eyes and entering blindly.
The core is just one sentence: Price is the only truth.
All the fluctuation is already written in the candlesticks. When you look at the daily chart, observing accumulation and distribution, you can predict the direction of everything.
Every candle tells you a story: someone is buying, someone is selling, someone is waiting.
Don't believe me? Let me share a trade I experienced myself.
[📝 In my first week after deleting indicators, I almost blew up my account, but I persisted and understood: fear comes from not trusting the price itself.]
Last year, before the NFP data release, I stared at the daily chart for a week. The accumulation structure was very clear. The price kept absorbing supply at the bottom of the range. I didn't need any indicator to judge—the price itself was telling me: someone was taking the offer.
When the data came out that night, the direction perfectly matched my prediction.
I held that trade for four days. Profit was about 15%.
Not a single indicator used the whole time. Just a single candlestick and the logic of accumulation and distribution.
You might not believe it, but I see many traders losing money, and the root problem is not about bad technique.
It's about failing to manage risk.
I have an iron rule: the maximum loss per trade does not exceed 2% of total capital.
Not because I'm timid, but because I've seen too many people double their accounts and then give it all back.
| Risk Strategy | Maximum Drawdown | Capital After 3 Consecutive Losses |
|----------|----------|----------------------|
| 5% risk per trade | 15%-30% | ~85% |
| 2% risk per trade | 6%-8% | ~94% |
This table below is the most valuable thing in the entire article.
Do you see the difference? The 2% risk person can still survive after three consecutive losses, while the 5% risk person is nearly wiped out after one heavy position.
Survival is more important than profitability.
I'll leave that here—chew on it yourself.
Another thing I insist on: trade only on the daily chart. M1, M5, those minute charts—they are where most people's dreams are shattered.
My own trading journal records more than 10 years. It clearly shows that my win rate on the daily chart is 67%, but on M1 it's less than 40%.
Why? Because the daily chart filters out all the noise.
Price is condensed into a clear line throughout the day's trading. You don't have to spend time staring at those heart-pumping fluctuations.
I have a trading journal whose cover is worn out from flipping through it. It records every decision, every emotional outburst, every reason for consecutive losses.
These 10 years of records are worth more than any course.
You might say: I'm not a professional trader, I don't have time to write a journal.
Then don't day trade. Use the daily chart for your main analysis, and spend 15 minutes a day reviewing.
The key is—a cell phone is enough.
I don't need to watch the screen, I don't need to check the price every minute.
Every day, open my phone, look at the daily candlestick structure, and determine whether today is accumulation or distribution.
A simple question: Is today the seller distributing, or the buyer accumulating?
Answer that question, and you'll know what to do today.
Many people ask me: Without indicators, how do I know I'm making the right trade?
I ask back: When you first learned to ride a bike, did you need to measure any data? You relied on feel, on the inertia of not falling over.
Can indicators really help you make money? Are those conflicting signals more reliable than your own eyes?
Trading is exactly the same.
When you delete all indicators, you start using your eyes to look at price, and your heart to feel the structure. It's an amazing feeling—you suddenly realize that price action is clear, not chaotic.
Not long ago, a beginner asked me: He had opened 10 demo accounts, tried every kind of indicator, and still lost money.
I said: Delete all your indicators, open one demo account, and only draw horizontal lines and trend lines. Do this for one month straight—what do you feel?
He did it for two weeks, then came back and said: I realize I was seeing it all wrong before. So this is what a trend really is.
Don't you call that the truth?
Conclusion
You might think this method of mine is too simple, and not reliable.
But think about it—how do those most profitable traders operate?
They are not robots plastered with indicators; they are people who can see the logic behind price with their own eyes.
I've been trading for 10 years. After deleting all indicators, I felt for the first time that trading is like playing chess, not like gambling.
I was profitable three months after deleting indicators, not because I'm so great, but because I finally stopped being led around by false signals.
One last sentence: Trading is not about finding the Holy Grail—it's about seeing the truth.
Delete the indicators. Start from zero.
Do you think you can do it?
Discuss in the comments: How many indicators are on your screen right now?