In This post i will show you the Top 3 indicator for trading .These Indicators are simple and easy to work.
You can allow these indicator to get more profitable result.
The Most common trader Mistakes
1.Don’t overload your screen with indicators
2.Only have display the indicators that you can actually use on your charts
You can use RSI. Rsi indicates the magnitude.You can setup the rsi with 80/20 to get best result.
There are two lines 1
1 Over Sold
2 Over bought
when the market touches the over bought of RSI means the market is at highest magnitude.And you can trade the lower side.its means when market touches over bought you can trade to lower
and when the market touches the over sold of market its means the market at a lowest magnitude.and you can use this indicator to take trade to HIGHER
A moving Average conversion diversion indicator is MACD.
The upper area shows Shorter MA is above the Longer and the Lower area shows longer MA is below the shorter
and the central line shows the MA is equal no longer no shorter
you can take the trade when the signals lines are interact with each other if it interact upper side of MACD you can take trade to lower ad corresponding its
it is also a Moving Average indicator .it has two Standard Deviation .
Upper Band (Over Bought)
Lower Band(over Sold)
when the market is more volatile is bending and when the less volatile it becomes thinner .You can indicates the volatility of market from this Indicator