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