What is your favourite indicator and why?

Back test yourself

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I would Not suggest anyone To Trade on 1 Min Time Frame Until you are A big Scalper (a person who resells shares at a large or quick profit )

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See 1Min chart with Heiken Ashi Chart to know how Scalpers do trading.

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@haribabu Tell me tell me :footprints::pray:t2:
What is this strategy

Look at this Chart. Go long if two candles make green and exit at the earliest for 0.25% profit

Same for Short with Red candles

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Wud just like to sharpen haribabu’s view
First u check in time frame which is atleast 4 to 5 times higher than current eg in his screenshot he has chosen 1 min
So see d trend in 5 mins tf which will b primary trend
Then act as per primary trend in ur action timeframe I.e 1 min in above case…

Summarise candles in heiken ashi mode
5 mins green – 1 min 2 greens one abv other … Buy
5 mins green – 1 min 2 red… exit or wait
5 mins red – 1 min 2 red one below other… Short
5 mins red – 1 min 2 green… exit or wait

Never go against main trend… Use 5 ema for added confirmation if reqd… Else keep it very simple
All d best :grinning:

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How is Stochastics graph?

Which is the best trading indicator according to your trading experience which helps you gain daily. ?

VWAP for intraday trend analysis, RSI for overbought/oversold regions, ema crossover/reversal patterns for entry and exit. But do note that you are the greatest indicator for your trades because the above indicators are only facilitators for your trade while you are the indicator that determines how much quantity to trade, your monetary target for the day and also when to stop.

I can’t find exponential moving average in Kite charts. Any help with it?

Select ‘moving average’ and select ‘exponential’ from type.

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that was quick, thank you for your help. :slight_smile:

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Myself sir.
But I trade based on the trend in 15 min.

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What makes difference in quick gain or picking right price to buy or sell trading with 15min vs 5 vs 3 mins chart

Trend will change sometimes based on news. So if have good money management. U can go for 15 min.

I would like to know and have discussion around the favorite technical indicators for Intraday Trading ?

9EMA and 21 EMA - take positions very close to these EMAs.

50SMA, 200 SMA and Pivot Points - use them as resistance and support levels.

CCI - for determining momentum, its more reactive than RSI and is not range bound like RSI so prefer CCI.

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I Use 3 Combinations.

  1. Hiken Ashi
  2. Stocastik Momentum indicator.
  3. EMA (5,20,50)

With 5 Min Candel

Keltner channels & Average true range for picking SL,along with classic price action i.e support & resistances, trend lines & reliable chart patterns like double top, double bottom, breakout failures and pullbacks…all this combined with candle by candle analysis worked the best for me!

Good to know that. What is your success vs failure ratios with these patterns ?