What is your BEST preforming indicator

slow stochastic positive convergence, macd positive divergence or at least positive, spike in volume, trend analysis and an occasional candlestick for good measure =)
 
Quote from GCSICLRBC:

What you gotta do is this:

Plot your stock/future using a 100-tick chart, put on the 18 & 36 day exponential moving averages, BUT KEEP YOUR EYE ON VOLUME!

Look at your (slow) stochastic oscillator & if the RSI confirms overbought/oversold territory, confirm it with you fibonacci retracement level.

The markets naturally & automatically stop/reverse at 50% 38.2% and 61.8% EVERY TIME.

So if your fibonacci confirms, get Elliot Wave on the phone & see if he's buying selling.

If he is, FLIP A FREAKIN' COIN!

'Cause those are your odds with these idiotic indicators.


LOL. Being new to trading, I'm relieved to know traders can be sarcastic SOBs
 
Quote from gqguy2003:

Another incredible example of how well the premium can predict where the market is heading is from 5/5/09 at 14:27 cst. The spoos were at 897.00. The SP Premium hit a huge low of -4.78, predicting the spoos would go lower than 897. Although the spoos rallied up to 904.50 at 18:27, by 21:13 they had tanked to 891.

At no time since then has the premium gone lower. On 5/8/09 at 14:35 the spoos were back to 898. I dare say that in the coming week of May 11, 2009 you will see the ES break below 897 once again.

Unrelated to the premium is another highly accurate leading indicator. While my timing could be off, as a matter of FACT you will see 894.25 in the days ahead. Why? GAPS! Gaps are leading indicators. If you were not tracking what happened on the last 25 tick bar prior to 2:01 AM cst on 5/6/09 you wouldn't know this. But something very predictive occurred, forecasting a return to 894.25.

And for other reasons, its gonna get much worse!




NOW FOR THOSE OF YOU WHO DONT BELIEVE THE PREM IS A GOOD INDICATOR... EAT YOUR HEART OUT!

THIS HAPPENED PRECISELY AS WE EXPECTED IT!!
AND IT HAPPENED ON 5/12/09 AT 11:56 CST AND WHEN IT DID, THE MARKET STOPPED THE SELL OFF REVERSED AND RALLIED! AND THOUGH IT HASNT HAPPENED YET AS THERE IS ALMOST A FULL HOUR OF TRADING LEFT, THE HIGH OF THE DAY IS YET TO OCCUR. THE HIGH WILL BE GREATER THAN 913.50
 
Quote from options4me:

Price action coupled with DMI.

Use price action as primary indicator, confirming with the DMI.
(DMI+ and DMI- lines cross along with the ADX line being below 25%, flat or rising upward as a trigger).

Hi:
I am a new Forex/future trader and I need you help to get this complete indicator, since I can only find them separately (ADX and DMI+/_ ) Would you please show me where to find it, I really want to implement it and try it. Thank you so much for your help.
Cindy :)
 
If you can make trading decisions on one instrument based upon the behavior of other highly correlated instruments it is a very powerful technique.

Much higher risk / reward skew than any technical indicator based upon historical price action.
 
I think he is talking about a type of bar that you can specify to form for every 30...45...60...etc. ticks. similar to range bars...

ES

Quote from bellman:

Ahhh, but every tick bar represents a single point on the chart. You cannot measure tick bar length, unless you are measuring the spread at the time of the tick.
 
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