Best trading indicators?

[Andrew_0]

Volume-based indicators work well on the market.

 

[Sekiyo]

How would you use the 200 day moving average?

IF price < sma200 THEN don't buy especially if sma200 is slopping down
IF price > sma200 THEN don't sell especially if sma200 is slopping up

Paul Tudor Jones:
My metric for everything I look at is the 200-day moving average of closing prices.

 

[Sekiyo]

I like to remember of Jesse Livermore,
The only thing he had was the last prices,
And the effect of his orders on the market.

Only geniuses can keep it that simple.

 

[Sekiyo]

The best of the best is the invisible one.

But many traders would think otherwise.

Can you tell me more about it ?

 

[kroxobor]

Could be the start of an interesting indicator
View attachment 335098

Otherwise VWAP is praised.

Price is still king.

What is it's name and how to add it in MT4?

 

[Sekiyo]

What is it's name and how to add it in MT4?

That’s a secret

 

[futrstrdr]

I have found that the simpler the better. I use a simple moving average of the median price of each bar. That gives me an idea of the direction of the trend and the slope gives me an idea of the momentum. I then use the ADX indicator to give me an idea of the strength of the trend and again the slope give me an idea of increasing or decreasing trend strength. Finally I watch for some space between the MA and the price bars. Then I just watch the price movement. I like to keep by charts as clutter free as possible.

 

[tuxedo69]

If it works for you

 

[eleanorK80]

Which are the best indicators in technical analysis?

The MACD is fab for spotting trends, and RSI? Such a lifesaver when you want to catch those overbought or oversold vibes. Don’t forget Bollinger Bands – they’re like your bestie for market volatility.

 

[Waylen]

Which are the best indicators in technical analysis?

RSI, Moving average, Bollinger bands, Stokistics, and other volume-based indicators.