What is the best day trading indicator?

By shekhar verma

QuestionsCategory: QuestionsWhat is the best day trading indicator?
shekhar verma Staff asked 2 weeks ago
1 Answers
Profile photo ofhuyenvuxuanFXVNOL Staff answered 2 weeks ago

There is no best trading indicators. If there is one, all people will use that already.

However there are some indicators are quite simple yet effective and can apply most of the time. Also, combination of indicators is very important.

If you ask which music note is best, there is none, all 7 notes are good, however you combine them nicely then you have a nice song, you combine them wrong..then you know what you will get..

Some good indicators are:

Moving average

Bollinger Bands