which is best technical indicator to give buy signal and which is best technical indicator to give sell signal on Intraday ?
RSI wont work in bullish an bearish market and moving averages wont work in sideway market.Is there any combination of indicators which works well in all market conditions ?
RSI works in both bullish as well as bearish market, I have been using it for long. As regards to your question there is no particular indicator which is best as such. You can use combination of 2-3 indicators, backtest it, and use as per your style or preference of trading.
Technical charts are based on statistical theories. Trading is all about psychology and not statistics. Statisticians are no good traders. Only plain chart studies like Price & volume action analysis are used by professinal traders. Use strategies based on plain chart analysis.
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