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Combination of Indicators

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  #1  
Old 24th March 2010, 03:05 PM
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Default Combination of Indicators

Dear Friends,

After going through the postings on TA, which I have also tried to put in use, I would like to have views on the combination of Indicators used for trading. I understand that there is nothing called the best combination, but still then I would like to share as well as know what parameters and indicators are used simultaneously for optimum feasibility.

Please place your comments, suggestions and views.

Regards,

Dipen



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  #2  
Old 24th March 2010, 03:16 PM
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Default Combination of Indicators

For intraday trading, I use time frames of 5 minute and 15 minutes and occassionally use 1 minutes also. My combination of indicators are:

1. Simple Moving Average of (10,20,50) - Moving average crossovers (both bearish and bullish) are put to maximum use.
2. Moving Average Convergence Divergence with the conventional parameters of 12, 26,09 - Centerline Crossovers, Crossovers of MACD and Signal Line are the identifying points
3. Slow Moving Stochastics with the conventional parameters - to identify divergences in overbought and oversold conditons

Sometimes I use RSI, with thresholds of 70 and 30 to identify overbought and oversold conditions.

I request other fellow contributors to kinly comment and provide suggestions.

Regards,

Dipen
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  #3  
Old 24th March 2010, 04:24 PM
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Default Re: Combination of Indicators

Quote:
Originally Posted by dipen.legal View Post
For intraday trading, I use time frames of 5 minute and 15 minutes and occassionally use 1 minutes also. My combination of indicators are:

1. Simple Moving Average of (10,20,50) - Moving average crossovers (both bearish and bullish) are put to maximum use.
2. Moving Average Convergence Divergence with the conventional parameters of 12, 26,09 - Centerline Crossovers, Crossovers of MACD and Signal Line are the identifying points
3. Slow Moving Stochastics with the conventional parameters - to identify divergences in overbought and oversold conditons

Sometimes I use RSI, with thresholds of 70 and 30 to identify overbought and oversold conditions.

I request other fellow contributors to kinly comment and provide suggestions.

Regards,

Dipen
I found BB+RSI+Stochastic is a good combination.
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Old 24th March 2010, 07:31 PM
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Default Re: Combination of Indicators

I should book mark this thread, for choosing my best combination of indicators, for intraday, and swing trades. At present i am doing only delivery calls only on long term basis.

I wish that this thread should be active enough.

Regards
Saivenkat.
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Old 24th March 2010, 07:37 PM
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Default Re: Combination of Indicators

hi saivenket,
Would like to know the indicator combination for your delivery trades?
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Old 30th March 2010, 12:08 AM
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Default Re: Combination of Indicators

Columbus,

Any specific parameters you would like to suggest?

Regards,

Dipen
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Old 30th March 2010, 12:09 AM
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Default Re: Combination of Indicators

Munna,

Wonderful work in compiling all the contributions of "Saint"

Regards,

Dipen
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Old 1st April 2010, 01:09 AM
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Default Re: Combination of Indicators

Dipen,

I use 10 min candles... reason 5 mins give mostly lead to whipsaw and 15 mins are slightly late to enter a intraday trade move.

Secondly avg traded price, support-resistance, pivots and OBV are gud for Intraday trade
and Bollinger Band of EOD chart often serves as good support and resis level in intraday
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Old 1st April 2010, 08:56 AM
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Default Re: Combination of Indicators

Combinations of indicators should be such that they are not related to each other. There is absolutely no need to couple MACD/RSI/SToch together. Even if you use one indicator out of this, your pupose should be solved. Gte in to the habbit of coupling non related indicators. For E.g - One can USe Price, RSI, OI and VIX to study trades in the derivatives market.

Tc.
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Old 1st April 2010, 07:08 PM
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Default Re: Combination of Indicators

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Originally Posted by columbus View Post
I found BB+RSI+Stochastic is a good combination.
Dipen,

Sorry ,for replying you late.

BB-20,2
RSI- E(9,12) with 70 as OB and 30 as OS.
Stochastics 3,8,4 with 90 as OB and 10 as OS.


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