What indicators do you use?

[LeoFx]

RSI, Stokistic, moving average, Bollinger bands and fibonacchi are top indicators. By using multiple trading strategies at a time, a trader can reduce the number of losses he suffers. Traders can produce a cogent signal when they use multiple indicators at a time.

 

[VasilTodorov]

that is correct but using a lot of them can make you mix up

 

[Fin_Trader]

that is correct but using a lot of them can make you mix up

I agree with you. Indicators need to be selected so that they complement each other and filter market entries. The indicators should not contradict each other and confuse the trader. And the more indicators a trader uses, the worse trading can be.

 

[Krampuss]

I usually rely on moving averages and RSI, but lately, I’ve been experimenting with VWAP for better intraday entries. I also like keeping my setup clean—too many indicators just get in the way. A trader friend recently mentioned xonedium to me, saying it helped simplify his analysis process. I haven’t checked it out yet, but I’m curious if anyone here has tried it and found it useful.

 

[Polakandil]

When I was a beginner, I liked to change indicators, either custom indicators or the platform's default indicators. Sometimes custom indicators caused MetaTrader to be slow to respond.

 

[Fin_Trader]

I mostly stick to moving averages and RSI since they help me spot trends and possible reversals. Sometimes I add Bollinger Bands for extra confirmation, especially in volatile markets.

I mostly stick to the Alligator indicator when it comes to trading on market trend movements. I find it convenient to look at divergences on the MACD

 

[papaya_financial]

Most of the time I keep it simple with moving averages, RSI, and volume since they give a good picture of trend and momentum. I’ll also mark key support and resistance levels by hand because that often matters more than stacking on too many indicators. On Valetax I sometimes use their Analysis IQ to double-check signals, which keeps me from second-guessing my setups too much.

 

[Imogen Beaumont]

Most of the time I keep it simple with moving averages, RSI, and volume since they give a good picture of trend and momentum. I’ll also mark key support and resistance levels by hand because that often matters more than stacking on too many indicators. On Valetax I sometimes use their Analysis IQ to double-check signals, which keeps me from second-guessing my setups too much.

Do you really count on their analysis??

 

[papaya_financial]

I don’t depend on it completely, but I do use it as confirmation alongside my own setups. My main decisions come from moving averages, RSI, and support or resistance levels, but when Analysis IQ points in the same direction it gives me more conviction. As a client I’ve found Valetax’s tools useful because they cut down on the second-guessing that used to make me hesitate or exit too early. It feels more like an added layer of confidence rather than something I trade off on its own.

 

[Imogen Beaumont]

I don’t depend on it completely, but I do use it as confirmation alongside my own setups. My main decisions come from moving averages, RSI, and support or resistance levels, but when Analysis IQ points in the same direction it gives me more conviction. As a client I’ve found Valetax’s tools useful because they cut down on the second-guessing that used to make me hesitate or exit too early. It feels more like an added layer of confidence rather than something I trade off on its own.

It's nice to hear things are going well there, but what's special about the tools they offer. Any broker offers those basic things like indicators!

 

[PhoenixJ]

I only use RSI and MACD.