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

[mainak18]

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?

 

[Raj05]

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]

I prefer BB rather than RSI.

 

[C_R_Kumar]

Why prefer BB ??

 

[copypasteaee]

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...

 

[tradertrader]

Bollinger band breakout and breakdown best and much better then RSI.

 

[howardroark]

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 ...

 

[jaipee]

Both are different Indicators , You can not compare both.
RSI is Momentum Indicator and BB is Volatility Indicator .

 

[Veeramuthu JJ]

Bollinger bands is most powerful