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What indicators do you use?


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What indicators do you use?

  #1 (permalink)
Nasdaqwalt
Golddsboro,nc,usa
 
Posts: 1 since Dec 2022
Thanks Given: 6
Thanks Received: 0

Using Sierra, trading NQ. Currently using MACD,RSI,CCI, EMA, S&R.Throw in some Fib retracements from time to time. 1 minute candlestick charts. Primarily scalping but will hold if the market agrees, never overnight. Get a lot of entry signals that are either too early or late. A five point stop usually gets hit on entry,I tried 10 points but the signals are way too early or late. I don't like draw-downs, who does?

So, if I may ask, what do you use to improve accuracy?

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  #2 (permalink)
 COoneguy 
Denver Colorado USA
 
Experience: Intermediate
Platform: Motivewave/Optimus Flow
Broker: Optimus/ AMP/ Ironbeam
Trading: es nq
Frequency: Several times daily
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Nasdaqwalt View Post
Using Sierra, trading NQ. Currently using MACD,RSI,CCI, EMA, S&R.Throw in some Fib retracements from time to time. 1 minute candlestick charts. Primarily scalping but will hold if the market agrees, never overnight. Get a lot of entry signals that are either too early or late. A five point stop usually gets hit on entry,I tried 10 points but the signals are way too early or late. I don't like draw-downs, who does?



So, if I may ask, what do you use to improve accuracy?

For me personally, that many indicators on a one minute chart is too much to thoughtfully analyze in a short amount of time. I use Ema and one indicator. Discretionary trading. Primarily with the trend.


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  #3 (permalink)
 chasepatrol 
Bremen, Germany
 
Experience: Intermediate
Platform: Sierra Chart
Broker: AMP/CQG
Trading: ES, FDAX
Posts: 35 since Jan 2023
Thanks Given: 37
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Nasdaqwalt View Post
Get a lot of entry signals that are either too early or late.

Indicators are typically based on price, volume or open interest. Of course they are lagging.
I'm trading without any indicators because no indicator can tell me something that price can't tell me.

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  #4 (permalink)
dupuis3693
Toronto Canada
 
Posts: 5 since Feb 2021
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Been using anchored vwap more lately, been super helpful!

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  #5 (permalink)
 DoubleUCapital 
Tel-Aviv Israel
 
Experience: Advanced
Platform: NT
Broker: NT
Trading: UB
Posts: 82 since Dec 2019
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1 min its all noise.
Better go up to 5 and up for a better picture of what is going on.

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Last Updated on April 4, 2023


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