What is the best day trading indicator?


QuestionsCategory: QuestionsWhat is the best day trading indicator?
FXVNOLFXVNOL Staff asked 1 month ago
1 Answers
FXVNOLFXVNOL Staff answered 1 month 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 that you can consider in your symphony are:

  • Moving average
  • Bollinger Bands
  • Stochastic
  • RSI
  • MACD