In the beginning until now I still use stochastic trend lines and moving average and are profitable for my business and then I can reduce some false signals with her, we do not use too many indicators our trading businesses, because it will cause confusion and loss of information we are good because of them.and Bollinger Band is a good indicator for beginners. You can refer Bollinger on Bollinger bands - John Bollinger. http://www.bollingeronbollingerbands.com/ Bollinger bands indicates market volatility . So when the market is jumping from low volatility to high volatility you can trade.