Which indicator you use most for your trading?

Apr 27, 2020 at 13:26
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53 Replies
Member Since Sep 30, 2012   41 posts
Apr 27, 2020 at 13:26
There are thousands of indicators around our web. We have some built-in Indicator in MT4 also. Which indicator you use for your trading chart. I use a Custom Made indicator that I have bought from mql5. What about you? Show here your chart with your fav indicator.
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Member Since Apr 22, 2020   6 posts
Apr 27, 2020 at 14:26
Hello
Here are my two indicators


Attachments:

Member Since Sep 30, 2012   41 posts
Apr 27, 2020 at 15:34
Bigoudi posted:
Hello
Here are my two indicators


Cool. Is it profitable for you? Actually indicator is nothing, the main thing is to maintain proper risk management. Indicator just give us some directions
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Member Since Dec 09, 2019   60 posts
Apr 28, 2020 at 05:13
I use the most common indicators like MACD, RSI and BB.
Member Since Sep 30, 2012   41 posts
Apr 28, 2020 at 09:38
feelsofine posted:
I use the most common indicators like MACD, RSI and BB.

Great... Many ago I used BB.
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Member Since Sep 30, 2012   41 posts
Apr 28, 2020 at 09:40
I use a Price Action Indicator which gives me very few signals. Most of the Time I use to trade on DOW30. I am attaching today's chart.



Attachments:

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Member Since Dec 18, 2019   31 posts
Apr 28, 2020 at 09:59
price action alone. no indicators at all

Attachments:

Member Since Sep 30, 2012   41 posts
Apr 28, 2020 at 12:16
nikosk0 posted:
price action alone. no indicators at all

Price action is Boss :)
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Member Since Apr 22, 2020   6 posts
Apr 28, 2020 at 16:24
lanzu posted:
I use a Price Action Indicator which gives me very few signals. Most of the Time I use to trade on DOW30. I am attaching today's chart.



Hello
my main indicator is a EMA 7 HIGH a EMA 7 LOW. What is your name and how does it work?
thank you
Member Since Sep 30, 2012   41 posts
Apr 28, 2020 at 17:30
Bigoudi posted:
lanzu posted:
I use a Price Action Indicator which gives me very few signals. Most of the Time I use to trade on DOW30. I am attaching today's chart.



Hello
my main indicator is a EMA 7 HIGH a EMA 7 LOW. What is your name and how does it work?
thank you

Mine indicator is based on price action. I only follow the trend and when the trend is up in higher timeframe I only take buy trade from the lower timeframe and when the trend is down in higher timeframe I only take sell trade from the lower timeframe. Just repeat the same thing again and again. Easy and Simple system.
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Member Since Oct 02, 2019   24 posts
May 07, 2020 at 19:42
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.
Member Since May 11, 2020   74 posts
May 11, 2020 at 04:58
MACD is really good one to use when you are trading.
Member Since Nov 09, 2015   20 posts
May 11, 2020 at 05:36 (edited May 11, 2020 at 05:37)
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@
Member Since Sep 30, 2012   41 posts
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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Member Since Sep 30, 2012   41 posts
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 :)
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Member Since Sep 30, 2012   41 posts
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.
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Member Since Dec 18, 2019   31 posts
May 13, 2020 at 14:50
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.
Member Since Jul 23, 2020   869 posts
Oct 07, 2021 at 14:57
MA is my favorite trading indicator.
Member Since Jul 23, 2020   759 posts
Oct 07, 2021 at 21:02
Indicators depend on trading strategy. I am a breakout trader so, I use Ichimoku.
Member Since Dec 21, 2020   36 posts
Oct 08, 2021 at 06:51
Stochastic- Traders use this to find the location from where the price is expected to reverse.
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