Does anyone trade with Technical Indicators?
I'll start:
>Ichamoku Cloud
Technical Indicator Thread
I've never known how to use this but I know people who do well with it. I felt it confused me when I changed timeframes until I stopped trying. I do most from lines and Keltner channels, but for confirmations, RSI, OBV, moving averages TD9 and Alligator (3 EMAs).
Wow, that's a lot of indicators to go off of. I take it you day/swing trade? Are you successful?
Balance of power, mfi, and whatever ma ribbon setup you prefer are all you need to find the best entry and exit points. MACD is also too powerful on btc.
Huh, this is good to know. A lot of those are new to me.
I've experimented with a lot of shit and come full circle. I used to trade lower time frames but I like daily's only now.
Bollinger Bands & Starc Bands
Stoch RSI, RSI
Wave Trend
VPVR
I'll also take a look at EMA's and throw guppy on. I have a Fibonacci levels indicator that is useful as well.
I like cloud as well. If I had to pick one indicator it would be ichimoku as I believe you can be a successful trader just off that whereas the others need each other for confluence.
Lately I've been using good old support and resistance levels with a fractal based stop
>RVOL
>ATR
>BB
daytrading addict
Do Elliot Waves actually work?
I make decent money trading but i usually just buy on a big red dildo desu
Noted, maybe everyone can post their trading periods? some seem better for swing trading, while others better for short trades.