TA goodies for index trading (SPX etc)

[earth_imperator]

I just started trading index options (SPX etc.) for swing trading, ie. not daytrading.
I'm using BollingerBands, Williams %R, MACD. These 3 TA indicators/oscillators seem to work much better with such major indexes with such small volatility (< 20 or so) than for stocks with bigger volatility.
Nowadays there are a ton of such indicators and oscillators available. Any other good working ones to recommend especially for such index trading?

 

[paulsfz]

In my case it is Double Ema, Volumen, Stochastic, RSI and Macd, and it works preety well..

 

[earth_imperator]

In my case it is Double Ema, Volumen, Stochastic, RSI and Macd, and it works preety well..

What params does your Double EMA have? Is this a custom indicator?

 

[maxinger]

I just started trading index options (SPX etc.) for swing trading, ie. not daytrading.
I'm using BollingerBands, Williams %R, MACD. These 3 TA indicators/oscillators seem to work much better with such major indexes with such small volatility (< 20 or so) than for stocks with bigger volatility.
Nowadays there are a ton of such indicators and oscillators available. Any other good working ones to recommend especially for such index trading?

View attachment 317569

I definitely wouldn't be able to analyze your chart / template.
There are far too many lines which are very distracting.
I used to have hundreds of distracting lines/gantry/butterflies/boxes/rays/fibos .... on the chart.


Try mine. I just focus on the price/shape/pattern

 

[earth_imperator]

@maxinger, I'm fine with such many indicator/oscillators,. BB is the absolute minimum I need to have.
The question was about good indicators/oscillators, or good-fitting non-std-setups of them, for the S&P500 index (SPX).

 

[Darc]

Williams and RSI are similiar aren't they. MACD too Lagging I woulda thought. You'll get chopped up by the Chop.

 

[maxinger]

@maxinger, I'm fine with such many indicator/oscillators,. BB is the absolute minimum I need to have.
The question was about good indicators/oscillators, or good-fitting non-std-setups of them, for the S&P500 index (SPX).

Most people will add more indicators,
or look for better indicators.

All the best to your indicator hunting.

 

[mikeriley]

I've learned after using dozens of indicators,
once I took the time to understand Market Structure,
and it's inevitable breaks, and how and when to
trade those breaks, the only indicator that matters
are the two above my nose.

EDIT: The market itself shows us when to trade.

 

[paulsfz]

What params does your Double EMA have? Is this a custom indicator?

Standard just standard. Somone recalculate averge from the candles.

 

[paulsfz]

What params does your Double EMA have? Is this a custom indicator?

Nope, Standard EMA not Double EMA. Smoothing Line works.