Reliable Indicators ??
- Thread starter rob311
- Start date
Do your own research.
You need to worry about doing research and planning before even thinking about this.
Asking for a system does not cut it. No indicator is reliable. It's only probable.
I use no indicators other than moving averages now to locate the trend and support and resistance to locate areas of buying and selling.
You need to worry about doing research and planning before even thinking about this.
Asking for a system does not cut it. No indicator is reliable. It's only probable.
I use no indicators other than moving averages now to locate the trend and support and resistance to locate areas of buying and selling.
I been through it- now i'm half nuts.
use 'em all find the ones that work best for you. Try to have them compliment each other or confirm each other - you don't want contradiction amongst your indicators.
Maybe a couple of breadth indicators with a couple of oscillators and volume- throw in a couple of moving averages that suit your time frame- don't ignore economic data. make sure you know bar charts well and patterns- big fellas will call this mumbo jumbo- ignore them, have fun , live well. i'd add a smily but they aren't responding
use 'em all find the ones that work best for you. Try to have them compliment each other or confirm each other - you don't want contradiction amongst your indicators.
Maybe a couple of breadth indicators with a couple of oscillators and volume- throw in a couple of moving averages that suit your time frame- don't ignore economic data. make sure you know bar charts well and patterns- big fellas will call this mumbo jumbo- ignore them, have fun , live well. i'd add a smily but they aren't responding
Know how to read candle sticks and understand price action keep it simple don't clutter your screen with too many indicators and confuse yourself with false signals