This article on Price Action vs Indicators is the opinion of Optimus Futures, LLC.
- Both price action and indicators use past price data; the difference lies in how the information is processed.
- Neither method is inherently better for beginners; the key is understanding and using the chosen tools correctly.
- Personal preferences and how a trader uses their tools are more important than the debate between price action and indicator trading.
1. Price is Better Than Indicators
Price action traders often think their method is always better. However, price action and indicators are quite similar. Both use price info from charts like candlesticks or bar charts. Indicators just apply a formula to the same info. They don’t