Which technical indicator is the best?

[funky]

Quote from lindq:



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

well said

 

[OddTrader]

Quote from lindq:


But I think it's the best place for any trader to start.

...

IMO, if a trader can't first master what an MA is, what it does, and why, then moving on to other indicators is a waste of time.

All you need?!

 

[traderkay]

Zanger is a f loser. He lost people money. If he didnt go back to his pool mainteneance job yet, I'm at loss as to why not. Wait I know, there's still suckers buying BS!

 

[OddTrader]

Quote from OddTrader:

How about this approach used by Dan Zanger, who once turned $11,000 into $18 million in 18 months (with a return of 164,000%).

www.traders.com/Reprints/PDF_Reprints.html$CP_ZANGER

Q

I use absolutely no indicators whatsoever. I simply rely on chart patterns, price and volume.

UQ

http://www.chartpattern.com/newsletter7.cfm

Obviously he Does use indicators!

 

[50 cent]

Quote from Baruch:

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

price

 

[OddTrader]

http://www.abrosia.com/market/articles/Crisp1.html

Q

Question everything and everyone. Even me. Never blindly believe anything you read or hear about. Be careful about what you read and even more careful about what you believe in. after all an opinion is only some-ones belief.

UQ

 

[murray t turtle]

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[a good nickname];

It does sound simple- its not;
but it's more like lots of work , & EMA advantage is one of the better ones.

EMA will not ever tell you in advance of trend end;
however another advantage of EMA, it will under line or overline price.





Might also want to meditate on & work definition of TA =''study of price & volume''

The plans of the diligent tend only to advantage- Solomon, trader king.