Best Technical indicators

L

lalaka

New Member
#1
#1
Dear Members

I am trading for past 2 years ,I haven't made any good profits only made some losses.
I am planing to learn good and reliable indicators.

I found MACD , RSI ,EMA are the good indicators( I know little bit on how to use this).

Experience people can please suggest some good indicators- that one must know (live without it) or which they you are following for years and found useful.

(Is there any indicator which uses volume)

I want to know only 4 to 6 indicators and expertise it
And whats about ATR ,A/D , ADX are these indicators useful.

Senior members help appreciated

Thanks
lalaka:)
 
Last edited:
columbus

columbus

Well-Known Member
#2
#2
lalaka said:
Dear Members

I am trading for past 2 years ,I haven't made any good profits only made some losses.
I am planing to learn good and reliable indicators.

I found MACD , RSI ,EMA are the good indicators( I know little bit on how to use this).

Experience people can please suggest some good indicators- that one must know (live without it) or which they you are following for years and found useful.

(Is there any indicator which uses volume)

I want to know only 4 to 6 indicators and expertise it
And whats about ATR ,A/D , ADX are these indicators useful.

Senior members help appreciated

Thanks
lalaka:)
Click to expand...
please refer to my thread INDICATORS and OSCILLATORS.Just stick to 2 or 3 techniques ,not more than that.MACD with 9-EMA signal is very good ,to start with.I hope in long run your losses will be minimized to great extent.

Happy trading and all the best

-col
 
L

lalaka

New Member
#3
#3
Thanks Columbus

you have mentioned a new Oscillator Awesome Oscillator it seems interesting ,But this one is not present in the Amibroker.
Have you used amibroker or Any body have afl for AO

thanks
 
V

vvvv

Guest
#4
#4
according to me the best & easiest indicator to follow is the "trend indicator" & the "blank chart"....it is all there..
 
B

basab19

Member
#5
#5
lalaka said:
Dear Members

I am trading for past 2 years ,I haven't made any good profits only made some losses.
I am planing to learn good and reliable indicators.

I found MACD , RSI ,EMA are the good indicators( I know little bit on how to use this).

Experience people can please suggest some good indicators- that one must know (live without it) or which they you are following for years and found useful.

(Is there any indicator which uses volume)

I want to know only 4 to 6 indicators and expertise it

If you enter the jungle of oscillators and indicators, you will find yourself totally confused. It is better to first describe your requirements - To identify the current trend of a stock (randomly selected on the basis of EPS and trailing P/E) you follow the MACD (many will say it is lagging behind the trend). MACD, in my opinion is a reliable indicator whereby you can identify the current trend undergoing. For Trading purpose, you select the "Fast Stochastic" and "Accummulation/Distribution oscillator". Regarding your querry, the indicator which is formulated on the basis of volume - OBV (On-balance-Volume - to identify whether the smart money is entering to the stock OR exiting the Stock), the Money-flow Index.

After getting experience with the indicators/oscillators - you should concentrate with the "Directional Movement Index, ADX" and 'Ease of Movement' indicators.

Thanks.
Click to expand...
 
columbus

columbus

Well-Known Member
#6
#6
lalaka said:
Thanks Columbus

you have mentioned a new Oscillator Awesome Oscillator it seems interesting ,But this one is not present in the Amibroker.
Have you used amibroker or Any body have afl for AO

thanks
Click to expand...
I do not use Amibroker. In the calculations of the oscillator SMA (Simple Moving Averages) are involved ,hence it shows LAG.That is the main drawback of this oscillator.
 
columbus

columbus

Well-Known Member
#7
#7
basab19 said:
lalaka said:
Dear Members

I am trading for past 2 years ,I haven't made any good profits only made some losses.
I am planing to learn good and reliable indicators.

I found MACD , RSI ,EMA are the good indicators( I know little bit on how to use this).

Experience people can please suggest some good indicators- that one must know (live without it) or which they you are following for years and found useful.

(Is there any indicator which uses volume)

I want to know only 4 to 6 indicators and expertise it

If you enter the jungle of oscillators and indicators, you will find yourself totally confused. It is better to first describe your requirements - To identify the current trend of a stock (randomly selected on the basis of EPS and trailing P/E) you follow the MACD (many will say it is lagging behind the trend). MACD, in my opinion is a reliable indicator whereby you can identify the current trend undergoing. For Trading purpose, you select the "Fast Stochastic" and "Accummulation/Distribution oscillator". Regarding your querry, the indicator which is formulated on the basis of volume - OBV (On-balance-Volume - to identify whether the smart money is entering to the stock OR exiting the Stock), the Money-flow Index.

After getting experience with the indicators/oscillators - you should concentrate with the "Directional Movement Index, ADX" and 'Ease of Movement' indicators.

Thanks.
Click to expand...
Perhaps this is a big list.Perhaps only one Oscillator, MACD will do the trick.
If your are unhappy/not getting the desired results ,just CHANGE with sample intervals from [9,12,26].
Click to expand...
 
Last edited:
C

Czar

Guest
#8
#8
for me to track nifty, I rely on watching options + & - 500 points from the present level, most accurate... other than that I mix rsi, macd, sma's & histo...
 
R

renu daga

Well-Known Member
#10
#10
czar,,
i know u / sunil,,, tarde even on bais of option,,, i am zero in that ,,,and feel moer comfortable in fut

if easy can u guys throw more on how to analyse,,,on it,,

renu
 
You must log in or register to reply here.
Thread starter Similar threads Forum Replies Date
L Best free Technical analysis software in Mac which can use .csv file to download data Software 2
G Currency futures day trading- best technical indicators ? Technical Analysis 2
M Best free mobile app for technical analysis General Trading & Investing Chat 2
P What is the best online forum for learning technical analysis of stock markets? Technical Analysis 1
M Query-Technical Indicators-Which is best? Technical Analysis 6

Similar threads