Mdraghib
New member
As you know There’s no single “best” indicator for technical analysis for me it really depends on your trading style and what you’re looking for in the market. But if I had to pick one, the Moving Average Convergence Divergence (MACD) would be my top choice.
MACD is great because it helps spot momentum shifts and trend reversals, making it useful for both short-term and long-term traders. It combines two moving averages to generate signals, and when the MACD line crosses above the signal line, it suggests a buy opportunity, while a cross below signals a potential sell.
That said, I never rely on just one indicator. I like to combine MACD with Relative Strength Index (RSI) for confirmation—MACD shows the trend, and RSI helps determine if an asset is overbought or oversold.
At the end of the day, the best indicator is the one that fits your strategy.
MACD is great because it helps spot momentum shifts and trend reversals, making it useful for both short-term and long-term traders. It combines two moving averages to generate signals, and when the MACD line crosses above the signal line, it suggests a buy opportunity, while a cross below signals a potential sell.
That said, I never rely on just one indicator. I like to combine MACD with Relative Strength Index (RSI) for confirmation—MACD shows the trend, and RSI helps determine if an asset is overbought or oversold.
At the end of the day, the best indicator is the one that fits your strategy.