THE MAJOR DIFFERENCE BETWEEN INDICATORS AND A SIMPLE PRICE ACTION
why use to many indicators on a single chart when the decisions to a trade are just two:(buy and sell) funny how most traders have no particular trading strategy and no good money management.
if you think that trading the currency market is profitable by just using second hand lagging data's or using one indicator that works 40-60% of the times, then watch your account get blown repeatedly. as the scope of the currency market ventilates beyond the confinement of those indicator as too many indicators will yield opposing signals leaving you with a poor position in the market.
why not pick a simple price action strategy and stick to it. making your charts as clean as possible and when push comes to shove i tight stop loss will come in handy to protect your equity from the fundamentals and the likes