what is the most honest indicator?

[mr.gardner]

There are many controversies about this issue. However, my opinion is not to use too much indicator in one chart because you’ll get confused. On the other hand, it is good to take a look at more indicators. It is important to find out which of the indicator is working for the given financial instrument. There many combinations that you must consider. One of the best for me is a combination of Elliot waves with Fibo. Another, good strategy is finding top and bottoms by using RSI, MACD, OsMa and etc. However, the signals that this indicator will generate must be confirmed by candle formations, support/resistance and patterns. Trend lines are the best way to catch the move. Also, most indicators give good signals when used at higher time frame charts.

Take care.

 

[masudraj]

Thats funny however the solution is one that you simply will use and consistently get a take advantage of. i'm an oscillator guy specifically slow stochastics. Thats simply waht I actually have used am snug with and have had the simplest result with. i might say the simplest issue to try and do is experiment with completely different technical indicators. Dont simply use the default parameters either. Plug in your own values till you get it dialed in exactly the method you wish.

 

[omorsharif]

fibo,murry math,stoch etc

 

[Dominator4fx]

Thats funny however the solution is one that you simply will use and consistently get a take advantage of. i'm an oscillator guy specifically slow stochastics. Thats simply waht I actually have used am snug with and have had the simplest result with. i might say the simplest issue to try and do is experiment with completely different technical indicators. Dont simply use the default parameters either. Plug in your own values till you get it dialed in exactly the method you wish.

I am using the Relative Strength Indicator RSI along with the Stochastic s and the results have been good for me. It is what we are comfortable with and able to better understand we must be using them.

 

[UWC Neeraj]

There are many controversies about this issue. However, my opinion is not to use too much indicator in one chart because you’ll get confused. On the other hand, it is good to take a look at more indicators. It is important to find out which of the indicator is working for the given financial instrument. There many combinations that you must consider. One of the best for me is a combination of Elliot waves with Fibo. Another, good strategy is finding top and bottoms by using RSI, MACD, OsMa and etc. However, the signals that this indicator will generate must be confirmed by candle formations, support/resistance and patterns. Trend lines are the best way to catch the move. Also, most indicators give good signals when used at higher time frame charts.

Take care.

The best approach will be to use a combination of 2 Indicators that will give us a good performance of the markets and i will recommend using the combination of the MACD and RSI.