My friend says that the best indicator is MACD. It is a very popular technical analysis indicator based on the convergence and divergence of two moving averages with different periods. There are two variants of representation of this indicator: linear and histogram. The linear representation is in the form of two lines - 'fast' and 'slow', and the histogram in the form of columns, showing the distance between these two lines at each moment of time.
MACD is really good one to use when you are trading.
Chaikin Histogram Oscillator, OBV(On balance volume) If you use no volume Bears and Bulls volume you will not get decent info) Hire Real Volume Info.
katiane.tomas@
May 13 2020 at 10:31
HolyGrail2222 posted:
Chaikin Histogram Oscillator, OBV(On balance volume) If you use no volume Bears and Bulls volume you will not get decent info) Hire Real Volume Info.
This is really nice. I also use OBV sometime.
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May 13 2020 at 10:31
reggae posted:
MACD is really good one to use when you are trading.
MACD never lies in higher timeframe :)
It's a new world, it's a new start It's alive with the beating of young hearts It's a new day, it's a new plan I've been waiting for you Here I am....
May 13 2020 at 10:32
Landakus posted:
My friend says that the best indicator is MACD. It is a very popular technical analysis indicator based on the convergence and divergence of two moving averages with different periods. There are two variants of representation of this indicator: linear and histogram. The linear representation is in the form of two lines - 'fast' and 'slow', and the histogram in the form of columns, showing the distance between these two lines at each moment of time.
I used to say one thing, MACD never lies. Just need to know its proper use.
It's a new world, it's a new start It's alive with the beating of young hearts It's a new day, it's a new plan I've been waiting for you Here I am....
macd lags a ton
when i used indicators i used 1hr timframe stocastic for signal and daily stocastic for direction (or haos visual averages they are kinda the same)
or daily averages ztma for direction and 1hr haos for signal.
price action works better though. u dont have any lag but it is hard to master, u learn something new every day or should i say every time u look at a chart.
the only thing that indicators helped me was to translate price action. other than that they work in some enviroments they dont work in other enviroments
pa+proper management and most important of all psychology are the key ingredients.
when i used indicators i used 1hr timframe stocastic for signal and daily stocastic for direction (or haos visual averages they are kinda the same)
or daily averages ztma for direction and 1hr haos for signal.
price action works better though. u dont have any lag but it is hard to master, u learn something new every day or should i say every time u look at a chart.
the only thing that indicators helped me was to translate price action. other than that they work in some enviroments they dont work in other enviroments
pa+proper management and most important of all psychology are the key ingredients.
everything is possible, put the effort and do it, dont let anyone discourage you
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