Which technical indicator is the best?

Baruch · Dec 2, 2003

Momentum?
MACD?
RSI?
ROC?
Other?
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And how do you use it/them?

sulong · Dec 2, 2003

Quote from Baruch:

Momentum?
MACD?
RSI?
ROC?
Other?
---
And how do you use it/them?

EMA.
to see whats been working the best.

Thunderdog · Dec 2, 2003

Quote from Baruch:

Momentum?
MACD?
RSI?
ROC?
Other?
---
And how do you use it/them?

I think that the "oscillators" you mentioned are effectively so similar that, depending on how you calibrate them, you could quite possibly make them all give pretty much the same signals at the same time.

Baruch · Dec 2, 2003

OK, but how do YOU calibrate them?

maxpi · Dec 2, 2003

Quote from Baruch:

OK, but how do YOU calibrate them?

Very carefully

Thunderdog · Dec 2, 2003

Quote from Baruch:

OK, but how do YOU calibrate them?

Actually, I don't. I don't use anything other than price and, more often than not, volume. To me, that is the truest source of information. Everything else is just a matter of "he said she said," meaning second-hand information, which I personally find to be as reliable as hearsay evidence in a court of law. But that's just my opinion.

lindq · Dec 2, 2003

Quote from Baruch:

Momentum?
MACD?
RSI?
ROC?
Other?
---
And how do you use it/them?

All you need is an EMA. Look at intraday price action in relation to a daily EMA, and place your bets.

Nana Trader · Dec 2, 2003

Quote from lindq:

All you need is an EMA. Look at intraday price action in relation to a daily EMA, and place your bets.

Which EMA on daily is that you look at? 5,10, 20,...EMA?

Baruch · Dec 2, 2003

It sounds very simple just to use EMA as the only indicator. And what do you do with cross-overs? Just buy or sell?

NihabaAshi · Dec 2, 2003

Quote from Baruch:

It sounds very simple just to use EMA as the only indicator. And what do you do with cross-overs? Just buy or sell?

Baruch,

Awhile back you said the following to dBanks...
_____________

07-27-03 01:22 PM
dbanks

A lousy day?
But there was a lot of action and some very strong trends.
You are making too trades. Why not just follow the trends and let your profits grow?
______________

You sound like you know how to recognize a trend and how to let profits run eventhough you use such via question marks...

What indicators are you already or currently using to be able to recognize a trend and to be able to let your profits run?

NihabaAshi