There’s no single “best” indicator — the best indicators for trading depend on your style (intraday, swing, positional), market (stocks, forex, crypto), and strategy (trend-following, mean reversion, breakout, etc.). But here are the most widely used and effective indicators, categorized by purpose:
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✅ 1. Trend-Following Indicators
???? Moving Averages (MA)
???? MACD (Moving Average Convergence Divergence)
???? ADX (Average Directional Index)
✅ 2. Momentum Indicators
???? RSI (Relative Strength Index)
???? Stochastic Oscillator
✅ 3. Volume-Based Indicators
???? Volume
???? OBV (On-Balance Volume)
✅ 4. Volatility Indicators
???? Bollinger Bands
???? ATR (Average True Range)
✅ 5. Support/Resistance & Confirmation Tools
???? Pivot Points
???? Fibonacci Retracement
???? Suggested Combos for Specific Trading Styles:
???? Intraday Trading (5min–15min charts):
???? Swing Trading:
???? Breakout Trading:
⚠️ Key Tip:
Don’t overload your charts with 5–10 indicators. Stick to 2–3 that complement each other (e.g., one for trend, one for momentum, one for confirmation).
If you tell me your trading style (e.g., intraday, swing), I can give you a custom indicator combo that fits your approach.
.
.
.
✅ 1. Trend-Following Indicators
???? Moving Averages (MA)
???? MACD (Moving Average Convergence Divergence)
???? ADX (Average Directional Index)
✅ 2. Momentum Indicators
???? RSI (Relative Strength Index)
???? Stochastic Oscillator
✅ 3. Volume-Based Indicators
???? Volume
???? OBV (On-Balance Volume)
✅ 4. Volatility Indicators
???? Bollinger Bands
???? ATR (Average True Range)
✅ 5. Support/Resistance & Confirmation Tools
???? Pivot Points
???? Fibonacci Retracement
???? Suggested Combos for Specific Trading Styles:
???? Intraday Trading (5min–15min charts):
???? Swing Trading:
???? Breakout Trading:
⚠️ Key Tip:
Don’t overload your charts with 5–10 indicators. Stick to 2–3 that complement each other (e.g., one for trend, one for momentum, one for confirmation).
If you tell me your trading style (e.g., intraday, swing), I can give you a custom indicator combo that fits your approach.
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