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What’s your favorite indicator for technical analysis?

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.
 
Absolutely agree—there's no one-size-fits-all indicator. MACD is powerful for spotting momentum and trend shifts, especially when combined with RSI for confirmation. Using both helps filter false signals and strengthens decision-making. The key is aligning indicators with your trading style and strategy, not relying solely on one. Consistency and proper analysis make all the difference. LQDFX broker allows traders with more than 200 technical tools, and superior trading platform free of all technical glitches like requotes, slippage and dealing desk.
 
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