What is the best indicator or oscillator to predict a sharp move (surge or plunge) in the data?

#1
Hello everybody,

I am looking for an indicator or oscillator which can help me find a strong surge or plunge in the market. Is there any software which can also help me in this regard?

Thank you
 

newtrader101

Well-Known Member
#3
Hello everybody,

I am looking for an indicator or oscillator which can help me find a strong surge or plunge in the market. Is there any software which can also help me in this regard?

Thank you
When Bollinger bandwidth narrows down for a period, then a strong movement is likely.
 
#4
When Bollinger bandwidth narrows down for a period, then a strong movement is likely.
Yeah.. and that BB width can be frustrating for a whole day too :D

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Maybe something like MFI or Momentum oscillator or ADX can be added.
 
#7
Technical Analysis has been turned into a messy exercise with too many indicators. The best suggestion is to learn to read the chart and understand the trend and then trade along with it. Indicators may help, but most of the time they mislead and push you into a trap. Only someone with high level of intuition can get out of such situations provided he is willing to take small losses to protect his capital at all times.
 

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