in my view if we are going to use any indicator alone then no one indicator give righ signal all time.
we must use all indicator with other indicator or techanical analysis.
some time indicator become a reason for leading loss.
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in my view if we are going to use any indicator alone then no one indicator give righ signal all time.
we must use all indicator with other indicator or techanical analysis.
some time indicator become a reason for leading loss.
if there is such a indicator that do not repaint past or gives no more false signals, please let me know as i tested near to 1000 indicators and manual strategies
I use the moving average crosses 7 and 14 and 21 are very strong and confirms the trend signals quickly and enable you to seize opportunities as soon as possible, which is suitable for the long time scales and small, but I prefer to use the domain of smaller daily only
trading by using the indicator will be able to help us analyze price movements properly and correctly in accordance with the function of the indicator in accordance with the rule but the indicators are in fact merely a tool that can not be used as a reference that is really something that will surely happen because of the price move will not be known exactly where the trader is willing to move can only predict it with the help of indicators.
Trading with indicators makes sometimes confusing and also i can not spend my time in front of computer to wait for the signal from a indicator to enter the market. Hence i do long term trading based on moving averages and parabolic SAR , and some times trading without indicators.
my personal advice is CCI for the direction RSI for the strength and pivot point and bollinger bands.this is a perfect combination.
me is bat se agree nahi karta kyunki jo bhi ache uindicators hai wo market ki kafi achi aur accurate knowledge dete hai
jaise ki RSI MACD aur bollinger band jaise indicator apko haemsha thik trend pata karne me madad karenge jabtak koi baut baid news achanak se market pe asar na kar le.in indicators pe aapko hamesha bhartosa karna chahiye
u r not use one moving average in ur chart..
u must add 2or 3 moving average for getting better result..
like am use 5-15 exponential moving average.. and its very effective ..
sirf indicators pe depend rehke kabhi bhi trading nahi karni chahaiye kyunki indicators pe poori tarh bahrosan hi kiya ja sakta
aapko apni study aur analysis karne chahiey fir indicatoprs ki amdad le saket ahi lekin sirf unhi pe depend rehke trading karna bilkul bhi advisable nahi hai forex me
for the MA I liked the setting from the master .. I took from a good strategy. MA 6 for scalping represent tf 1 minutes, 24 to 15 minutes of MA, MA 48 for 1 hour, MA 96 for 4 hours, why do I interpret that, because it is already counted in the formula for long positions or short trends. so we are more clear and understood,,