Most effective indicators?
Most effective indicators?
What are the top effective combinators for good entry and exits with little loss and that can give good ROI.
I know that there are definitely no “best” indicators for all markets, but you could as well share how you have been going along with your trades and how we can learn from it easily. I am open to suggestions and corrections as well, I don’t want to use too much, because I have found too much of them on Trading view already.
Apart from Trendlines, others are lagging indicators and lagging indicators have any of toying with one’s emotions. They’re lagging because they react after price has left a zone in live trades and only look good and perfect in hindsight. Trendlines or any other lines like S&R (Support & Resistance) or Pivot Points give better assessment than MAs et al. By the way, I like what LuxAlgo has been able to do and is still doing with indicators. That dude is good.
However, whatever indicators we use; we should realize that there’s no holy grail in trading. No indicator or strategy is 100% accurate. If one gets any that’s even 80% accurate, then one has a killer weapon in trading, so to say.