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The best indicator

miner — Wed, 20 Oct 2010 13:32:46 GMT

Hello everyone :))!!!
who knows the best indicator for trade? :) :)

RE: The best indicator

Deid — Wed, 20 Oct 2010 13:32:46 GMT

I don't know very well some complex indicators like Ichimoku, but sometimes your eyes could help you.

For example try to combine 2 or more indicators and see if when both of them give you a signal, the price really goes in that direction. Nothing works all the time obviously but a combination of indicators can give you an higher percentage of success.

Some of my first combination where:

Moving Average and MACD
RSI and MACD
Moving Average (or MACD) + RSI + Bollinger

As you can see the most used for me is the MACD, expecially with forex! I suggest you to try it not only with the standard setting 12, 26, 9 but with other (one is 50, 100, 9)

All the best:)

RE: The best indicator

Vincent — Thu, 04 Feb 2010 02:17:37 GMT

Momentum is a very nice indicator if used wisely : )

RE: The best indicator

GregorAnton — Tue, 19 Jan 2010 00:00:44 GMT

The neverending quest for the holy grail.

The best indicator is the one that works, for you!

I like MACD. Love/hate Stochastics. Lately the ROC interests me!
Moving Averages are a given.

RE: The best indicator

usd — Sat, 07 Nov 2009 15:56:52 GMT

You can try to make your own system or buy an existing one :) :cool:

RE: The best indicator

miner — Fri, 06 Nov 2009 20:55:51 GMT

...you don't recommend :(, but what could you recommend me? :))

RE: The best indicator

usd — Fri, 06 Nov 2009 13:54:23 GMT

You can take two movings, one with a short period, let it be 10 days and another one with long — 20 days.
When the moving with a short period crosses the other one from above, it is a signal to sell, when from below - to buy. But it is only an example and I don't recommend you to blindly follow it :)

RE: The best indicator

miner — Fri, 06 Nov 2009 04:50:51 GMT

...but give me an example of a trade system, how does it look like? ???

RE: The best indicator

usd — Fri, 06 Nov 2009 01:47:07 GMT

When the system is created, you need to test it to see how it works. It is relatively long process, but it is fun :)

RE: The best indicator

Admin — Thu, 05 Nov 2009 03:44:16 GMT

Trading is an art :) And indicators help to increase the probability, but do not give you the guarantee.

RE: The best indicator

miner — Wed, 04 Nov 2009 18:41:18 GMT

...... :( maybe I see it the wrong way

RE: The best indicator

miner — Wed, 04 Nov 2009 09:40:47 GMT

But does it really work? I have experienced it many times: the indicator gives a signal to buy or to sell, and as a result I am losing. :((

RE: The best indicator

Admin — Wed, 04 Nov 2009 06:37:34 GMT

He is right: the movers show the tendency, and the oscillators show whether the value is overbought or oversold.
There are also so-called 'envelopes', which show the prospective range of trading, and some composite indicators such as Ishimoku etc.

RE: The best indicator

usd — Wed, 04 Nov 2009 03:33:55 GMT

I take some movers to see the tendency, and add some oscillators to see the moment for opening a position... :D

RE: The best indicator

Raddison — Tue, 03 Nov 2009 22:32:13 GMT

What principle do you use making a system? ???

RE: The best indicator

usd — Tue, 03 Nov 2009 18:24:09 GMT

I am in the process of making one, but when it is finished I can sell it to you :) :cool:

RE: The best indicator

miner — Tue, 03 Nov 2009 10:23:06 GMT

or give me a little ;) ;) advice

RE: The best indicator

miner — Tue, 03 Nov 2009 03:22:20 GMT

And what about you? Do you have one? ???

RE: The best indicator

usd — Mon, 02 Nov 2009 11:19:54 GMT

There is no best one. Each trader composes his own system, using a group of indicators... :cool:

RE: The best indicator

miner — Mon, 02 Nov 2009 03:19:54 GMT

I know it may be a secret, but maybe someone will reveal it ;)