What indicators / combination of indicators do u use for buy-sell signals for personal trading?

General
1

just general discussion for all forum members .

please do mention

  1. why,how,when u selected the indicators ?

  2. are u completely dependent on indicators for buy-sell?

  3. profit:loss ratio ?

  4. do u use these for intraday or delivery trades ?

thank you

2

I use Technical Analysis (Indicators etc) for few key assumptions

Techincal Analysis is based on few core assumptions.

  1. Markets discount everything
  2. The how is more important than why
  3. Price moves in trends
  4. History tends to repeat itself

It can be used for both intraday and delivery based on stratagy and requirement.

For the Complete information about technical analysis follow below link

http://zerodha.com/varsity/module/technical-analysis/

1 Like
3

Whichever Indicator you use, First try to learn how indicators works,It will give an edge in using with your setup, Why indicator generating the signals and you can validate signal by experience… Mostly you can learn about indicator by seeing it formula… All the best

1 Like
4

MY STRATEGY

No indicator

No chart

Only few calculation from previous day and opening range of today with trending stocks.

Profit loss ratio is 1:1 with 70 % accuracy.

5

Wide range of indicators are available for technical analysis.But most of the indicators are lagging i mean thery work in treding market only not in sideways.Because every indicator has it’s own features i.e. some indicators are used to identify trend, some other for measuring price momenturm.

6

i have studied tech analysis on varsity…very useful…however, still weak at identifying trends .
cannot see how trend goes during the first opening minutes or anytime intraday … i use trendlines .
can u guide me how to predict upcoming and understand ongoing trends ?

7

wow! Gajenracccca…and you are able to make money! Not sure since how long you have been trading but if you still making money using your above strategy then I must say you ar genius! However, my two cents of advice…you need to look into the chart and indicators…At one point I used to do trade without chart and I had no idea about indicators(lost about 21 Lacs INR!)…now after learning the technicality of these slowly making some money to cover the losses…

8

hahaha… every one have his own trading formula. I am just watching trend by volume and top gainer and looser of last few days then calculate entry and exit point of every stock with strict stop loss. I am strict about money management. In starting I am start trading with only 10000 rs to learn trading. I try this strategy from last one year and its 70% accurate now i try this on nifty future with some changes.

9

hats off joe , still staying in the game after loss of 21 lacs !!! hope u recover soon and make wonderful profits :slight_smile: " IN ORDER TO IN THE GAME , YOU HAVE TO STAY IN THE GAME "