Which one do YOU use?

andrew_12456 · #1 17th January 2008, 08:01 AM

Hi everyone,

Are you sure of the data that your indicators provide?

bvpraveen · #2 17th January 2008, 11:01 AM

Quote:

Originally Posted by andrew_12456

Hi everyone,

Are you sure of the data that your indicators provide?

Please make the question clear.

Adam125 · #3 22nd January 2008, 01:22 PM

Quote:

Originally Posted by andrew_12456

Hi everyone,

Are you sure of the data that your indicators provide?

Most of the indicators generally skew the data contained in the bar or candlestick charts that display the purest form of the data. They generally work by simply using data and displaying them differently by certain variables in relation to others or previous data. However, you should know that today about more than 150 indicators exist but one striking features is that all of them are based on five important factors. They are the Open, close, High and Volume of certain period. I personally consider bar chart with volume of information best for me.

marcus · #4 23rd January 2008, 02:51 PM

Quote:

Originally Posted by Adam125

Most of the indicators generally skew the data contained in the bar or candlestick charts that display the purest form of the data. They generally work by simply using data and displaying them differently by certain variables in relation to others or previous data. However, you should know that today about more than 150 indicators exist but one striking features is that all of them are based on five important factors. They are the Open, close, High and Volume of certain period. I personally consider bar chart with volume of information best for me.

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good answer adam, welcome to the forum

uasish · #5 23rd January 2008, 03:59 PM

Adam,

There is one more input data available, Open Interest.

Asish

eastado · #6 13th February 2008, 01:26 AM

Quote:

Originally Posted by Adam125

Most of the indicators generally skew the data contained in the bar or candlestick charts that display the purest form of the data. They generally work by simply using data and displaying them differently by certain variables in relation to others or previous data. However, you should know that today about more than 150 indicators exist but one striking features is that all of them are based on five important factors. They are the Open, close, High and Volume of certain period. I personally consider bar chart with volume of information best for me.

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guys it seems that mr Adam125 is trying to sell us something. look at the links at the bottom of his message.

Saint · #7 13th February 2008, 01:36 AM

Quote:

Originally Posted by eastado

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guys it seems that mr Adam125 is trying to sell us something. look at the links at the bottom of his message.

Not any more,Eastado......but thanx for the heads-up.

Saint

Raju · #8 13th February 2008, 06:28 AM

Hi all,

I had a query ..I have recently started learning charts after making huge losses ...
Which indicators are most used or best as per personal exp for swing and which are for daytrading I am unable to distinguish..Kindly help

Thanks in advance,
Raju

suba_stocks · #9 13th February 2008, 07:58 PM

Quote:

Originally Posted by Raju

Hi all,

I had a query ..I have recently started learning charts after making huge losses ...
Which indicators are most used or best as per personal exp for swing and which are for daytrading I am unable to distinguish..Kindly help

Thanks in advance,
Raju

always specify in which category you are,is it equities or derivatives.

what ever,learn moving averages , macd,rsi,bollinger band and volume analysis...one really can not depend much on indicators only ..you should be able to analyse market sentiment,past and current news ..impact on company with news and also correlation of market index with the company shares you are trading in. ...also index levels. ..along with all time frame chart analsis.

if you can put all these together ..what ever be type of trading you take up, you will be able to handle it very well.

regards
suba

CreditViolet · #10 13th February 2008, 08:42 PM

Quote:

Originally Posted by uasish

Adam,

There is one more input data available, Open Interest.

Asish

There is even more