How adding more indicators does not increase profits

To answer this in a deterministic manner and not to confuse you further, I would first ask you to throw another important question – whether the indicators you have posses any real edge in market? By edge I mean winning tendency over and above 50%, so if your indicator have winning tendency of 56% then…

Does adding more indicators increase profits ?

Anyone with some experience in using algo/signals, would have certainly wondered, can adding more indicators lead to better results than single indicator? Here by term indicator I mean builtin indicators like MACD, RSI, Bollinger Bands etc or Custom indicators too. Lets say by some logic, indicator “A” of 50% of win rate and we add…