Sunday, April 26, 2020

Commonly used indicators

1
I have seen people rely on indicators too much during trading. Indicators are no doubt helpful but too much relying on indicators could be risky. Indicators should be used for confirmation and after price action. As most of indicators are lagging ones i.e. first price moves then it is shown by indicators. Some of the common indicators which are used are

1.MACD

2.Moving averages

3.RSI

4.VWAP (For intraday)

5.Bollinger band

6.ATR

7.ADX
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