Many traders hate Technical Indicators because they often remove the focus away from what matters, e.g. price action. Traders tend to stare blindly at the Technical Indicators and fail to see the forrest for the trees. It is important not to blindly trust the indicators but understand what they are telling you. The trader should learn what the Technical Indicators are telling him/her. What does it really mean when price is at the lower Bollinger Band or when Stochastic is showing overbought readings? Use Technical Indicators as a compliment to price and use them to help you gauge the strength of a trend or for getting into a trade when price action is not setting up anything obvious. Another reason why a lot traders hate Technical Indicators is that they are lagging. A change in a Moving Average often comes long after the change in price. It is a derivative of price so it is not providing up to date information to the trader but on the other hand it is providing quantifiable data making it easier for the trading to compare current price action to past price action. So again knowing how to use the Technical Indicators makes the lagging part less of a problem. If you accept that Technical Indicators are lagging and use them for what they are you can become quite successful using them. Use them for easy comparison of past price action with current price action. Use them to help you gauge strength of a trend and use them for entry and exits. Just a long as you do not lose focus of what price is doing. Price is still the purest thing on the chart.