In my opinion, it is better to use multiple indicators in order to have a more complete picture.
Felt completely useful in using Moving Average and RSI. They are few fave of mine to use.
Yes, Stochastic Oscillators are indeed most traders' favorite. They give a complete picture of an asset's market sentiment and are easy to find on most trading platforms.
davemack posted:
Yes, Stochastic Oscillators are indeed most traders' favorite. They give a complete picture of an asset's market sentiment and are easy to find on most trading platforms.
Interesting to see this. I thought this is okay-ish one taking into the factor of how it is not easy to find the accurate display on the result.
Oct 13 2021 at 08:06
Stochastics & Fibonacci are my favorites.
I find that sometimes you need to use multiple indicators to get a more accurate picture.
I believe that triangle figure is one of the most effective in terms of determination of trend reversals. In my opinion, we always should check the graphic and dtdermine which pattern/indicator we can apply here. Of course it doesn't guarantee that you will earn money, however it has a good winrate according to my spectations. That's why I advice all traders to payattention to truangle pattern and learn how to apply wisely. You can combine it with other indicators which are served as a determination of trend reversal. If you have no experience in it, then just learn how to determine trend direction and try to apply it on demo.
momo3HC posted:Bigoudi posted:
Hello
Here are my two indicators
PSAR is one of my favorites too.
Am I wrong, but I see a pivot level, SMA high, low and close, and then the parabolic SAR?
I am building my strategy around BBs, Stochastics, and SMAs. I've tried that SMA high, low, and close, too, but I think Bollinger Bands do better overall.
I use rsi indicator most of all. or ma and fibbo grid.
I try to use several indicators at once. As for me, this is the most correct strategy, because this way you can achieve more accurate results.
I guess that the most useful indicator (pattern) for me is triangle because it helps me a lot to determine trend reversal. I know that there are some other indicators which are also as useful as triangle and it can be combined with other pattern, nevertheless I guess that triangle works perfectly independent. Moreover, I think that people should always pick those indicators which have the biggest winrate according to their spectations. So, if you see that stochastic oscialltor helped you to gain more money, then use it and try various combinations which include stochastic oscialltor. So, here everything is pretty individual.
Oct 20 2021 at 08:54
MACD and RSI works for me.
I try to use several indicators in order to calculate the more accurate one.
skihav posted:
I try to use several indicators in order to calculate the more accurate one.
Indicators are profitable. But you need to have proper knowledge.
niceGLer posted:momo3HC posted:Bigoudi posted:
Hello
Here are my two indicators
PSAR is one of my favorites too.
Am I wrong, but I see a pivot level, SMA high, low and close, and then the parabolic SAR?
And? Why are you wrong?
There are so many indicators out there to use. I don't tend to use a single one, many of them pair well together. MA & RSI are ones I use regularly.
