Hi Guys,
I usually do swing trading but I want to do intraday trading as well so, please let me know top 5 best indicators which I can use for intraday trading.
Regards,
Vikas
hElLO tRaDeR,
In the book “NEW FRONTIERS IN TECHNICAL ANALYSIS” by Paul Ciana, there is a research done on the topic “Evidence of the Most Popular Technical Indicators” and they are as follows:
1-RSI = 44.4%
2-MACD = 22.0%
3-BOLL = 12.0%
4-STOCHASTICS = 9.3%
5-DMI = 4.9%
6-GOC (ICHIMOKU) = 4.5%
7-VAT (VOLUME OF TIME)= 2.9%
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- Directional movement ( di plus and di minus )
- PSAR ( use it to maintain the sl )
- Bollinger bands
- Supertrend
- ema 5, and ema 20 .
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What about super trend indicator, it looks cool and simple to me but I have not yet used it so, please tell me about this indicator.