Top 5 Technical/Overlays Indicators

uasish · #11 23rd June 2008, 08:02 PM

Quote:

Originally Posted by chintan786

My top 5 indicators are ...

Price.... Price...Price....price...price

This i understood when searching for that (Biana Gutli Wala Aam failed).

Dev Mookerji · #12 23rd June 2008, 08:20 PM

Quote:

Originally Posted by chintan786

My top 5 indicators are ...

Price.... Price...Price....price...price

Quote:

Originally Posted by uasish

This i understood when searching for that (Biana Gutli Wala Aam failed).

My two cents

Best Indicator/strategy/Trading style/Trade is

PRICELINE

if u can be frindly with the movement of priceline, u need not to search for anything else.

CreditViolet · #13 23rd June 2008, 08:22 PM

Quote:

Originally Posted by chintan786

My top 5 indicators are ...

Price.... Price...Price....price...price

But Price is not an indicator

pra · #14 28th June 2008, 12:54 AM

Hi

Top 5 indicator is RSI(14), Fast stochastic, Macd, William%14,ADX

sunil kalani · #15 28th June 2008, 03:31 PM

Quote:

Originally Posted by arni_venky

Hi
I'm new to TA, starting learning TA slowly and steadily, Can experts recommend me the top 5 most frequently used reliable indicators ?. This will help me to focus on these areas instead of exploring 100's of indicators.

better is the reliable indicators
rarely used but best for long term band envelope with sma of 20
rsi with 14 20 parameter
trix with parameter of 12 9
macd histogram for 5 min intraday in very volatile market 12 26 30 in routine 12 26 12
without indicator use only 9 26 exponenetal moving average and watch crossovers

Parvinder.Gurjar · #16 28th June 2008, 06:55 PM

Hi friend,

technical indicators doesn't tells u the whole story.......

technical indicators are only one part of game named as technical analysis....

before reading abt technical indicators u must try to understand and clear ur concepts of technical analysis......

they only helps u to take ur decision.............

there is a problem while using technical indicators named as "MULTICOLLINEARITY", That is, unknowingly uses same kind of information more than once.

all of the above indicators that has been suggested fall in the same group and mostly provides same information.

to avoid Multicollinearity technical analyst just group indicators in three sections.

depanding upon the situation of mkt/stk indicators are preffered.

Momentum Indicators - Works Best when mkt/stk is in trading range
1.ROC
2.Stochastic
3.RSI
4.CCI
5.William%R
6.StochRSI
7.TRIX
8.ULT
9.Aroon

Trend - Works best when mkt/stk are trending
1.M.A.
2.MACD
3.ATR
4.ADX
5.PPO

Volume
1.Acc/Dist
2.CMF
3.Volume ROC
4.Colume Oscillator
5.Demand Index

I hope u must be benifited from the above little explination

Bye for now
Parvinder Gurjar
6.OBV
7.MFI

I wld suggest to pick ur indicaotrs as per grouping not remdomly from the whole pack of indicaotrs.

shankha · #17 30th June 2008, 08:35 PM

hi any body using fib calculater in intraday trade. waiting for feedback

darsh_goswami · #18 1st July 2008, 11:28 AM

Quote:

Originally Posted by shankha

hi any body using fib calculater in intraday trade. waiting for feedback

I used it in the past ,.. not using now adays ,.. using fibonacci is a great fun and also effective ,.. now i switched over with longer time frame with fibonacci. But in intradays , yes u can predict top n bottom with the ease of fibonacci. Only if u can calculate them right.

If u are working with it. All the best , i really like fibo traders.

Regards,..
DArsh