Which is the Strongest Indicator ... RSI or Bollinger Bands???

Discussion in 'Commodities' started by mainak18, Dec 22, 2016.

  1. mainak18

    mainak18 New Member

    Joined:
    Dec 11, 2009
    Messages:
    10
    Likes Received:
    3
    Trophy Points:
    3
    Hi Traders,

    I have been watching both indicators RSI and Bollinger Bands by the few months and I am confused which is the most powerful indicator for intraday trading in commodities. Can anyone tell me which indicator I shall use for intraday trading? What is the time-frame will be apply?
     
  2. Raj05

    Raj05 New Member

    Joined:
    Jan 11, 2016
    Messages:
    9
    Likes Received:
    3
    Trophy Points:
    3
    Location:
    Ghaziabad
    If you are watching both the indicators from past few months you certainly knew that which one performs better in which circumstances.

    As per my opinion, Bollinger band is certainly best, coz they produce some points even when the market is side-ways when most indicators failed to generate points.

    However, RSI certainly gives u a good indication of Bearish OR Bullish market, when most traders generate or looses money.

    So, at last, it totally depends on your trading behavior and techniques.

    use the one which fits best for your scrip, timeframe and strategy.
     
    ARINP likes this.
  3. ARINP

    ARINP New Member

    Joined:
    Dec 19, 2016
    Messages:
    21
    Likes Received:
    3
    Trophy Points:
    3
    I prefer BB rather than RSI.
     
  4. C_R_Kumar

    C_R_Kumar Active Member

    Joined:
    Jun 11, 2016
    Messages:
    178
    Likes Received:
    120
    Trophy Points:
    43
    Why prefer BB ??
     
  5. copypasteaee

    copypasteaee Well-Known Member

    Joined:
    Aug 15, 2014
    Messages:
    705
    Likes Received:
    837
    Trophy Points:
    93
    one person is having a shotgun and other is having a rifle. Both can kill enemy if they know how to use it. Just matter of understanding, how your tool works best and how much it recoils...
     
  6. tradertrader

    tradertrader Active Member

    Joined:
    Aug 16, 2016
    Messages:
    176
    Likes Received:
    109
    Trophy Points:
    43
    Bollinger band breakout and breakdown best and much better then RSI.
     
    C_R_Kumar likes this.

  7. howardroark

    howardroark Well-Known Member

    Joined:
    Jan 1, 2015
    Messages:
    314
    Likes Received:
    716
    Trophy Points:
    93
    Location:
    trading market
    BB and RSI serve different purposes altogether ... One can't compare them at all ...
    RSI is more about analysing OB / OS regions in a respective TF ...
    BB is more about taking trades at particular Price ...
     
    C_R_Kumar and vsaran like this.

Share This Page