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Thread: What trading indicator is the best?
  1. #391
    My pips hand is weak
    jessica19 is on a distinguished road jessica19's Avatar
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    Respected members in so far as I think the best trading indicator is relative index indicator because when price moves fast and it touches the extreme limits you can sell or buy based on the indicator as well as the classical chart pattern if you see there is a reversal. Or there is a continuation. You can take also help from the indicator if it is on the extreme. And your trend continuation. Or the trend reversal. Is there then that flag or that that pattern is about to be completed and you can enter in the market thank you very much

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  3. #392
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    VoodooFx is on a distinguished road VoodooFx's Avatar
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    I do not think we need to use the indicator again to see the trend that will happen, and put the position correctly.
    Because only by reading the market pattern of the candlestick formation series, in fact we can read the trend that will happen.
    So we no longer need to use that indicator.

  4. #393
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    Mmjhype is on a distinguished road Mmjhype's Avatar
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    Best Intraday Trading Indicators

    Moving Averages
    Traders often hear about daily moving averages (DMA) which is the most common and widely used indicator.
    The moving average is a line in the in the stock chart that connects the average closing takes over a specific period. The longer the period,the more reliable the moving average. This indicator will help you comprehend the underlying movement of the price, as prices so not only move in One Direction ...

    Bollinger Bands
    This intraday trading indicator is one step ahead of the mining average. This band comprises three lines - the moving average , the upper limit and a lower one. This provides traders the understanding about the trading range.
    Momentum Oscillators
    Stock prices move up and down . There are short period cycles that are unrelated to the bullish or bearish market trends. In such cases, it is easy for day traders to miss out on such changes, which is when the momentum oscillator is beneficial . This indicator is depicted with a range of 0-100 and this is advantageous when the price has achieved a new high or a new low and one wants to determine whether it will further rise or fall . In other words the momentum oscillator helps to understand when the market sentiments are undergoing modifications.

    Relative Strength Index (RSI)
    The RSI is one of the useful intraday trading tips to compare the share prices gains and losses. This information is then formulated in an index form, which further helps in narrowing down the RSi score ranging between 0-100. This index increases with price rises and vice versa . Once the RSi increases or decreases to a specified limit, you cay modify your trading strategy ..

  5. #394
    My pips hand is weak
    deep786337 is an unknown quantity at this point deep786337's Avatar
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    all of your indicators are suggesting a brief function, I think it's far right to remember the fundamental information. A fundamental facts launch ought to make a difference among a winner and a loser, believe using only technical technical analysis and you are gaining 40 pips, and surprising the market turns and you're now loosing 15 pips because of a facts release. I also assume each Analysis should be considered. Sometimes, currencies pass towards essential information launch, few weeks ago, the EURGBP became soaring notwithstanding all destructive EUR information. Trading is best playing when you have no reason for coming into a exchange.

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  7. #395
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    Mastadon is on a distinguished road Mastadon's Avatar
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    The best and indicator is the price, it is always on the chart and you need to learn how to use it, otherwise it will not trade. Many beginners use many different indicators and most indicators give very inconsistent signals. But indicators are very common and many say that they give good signals under certain conditions, but no one says under what conditions.

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