I think some people have already answered your question.
FerruFx
The best indicator you will ever find is your eyes.
Mingary
There is no indicator that can represent Price Action.
Price Action is the indicator.
FerruFx
The very first thing if you want to be a trader would be to learn patience ... You seem to have some lack on this !
_______________________
You can NOT always get the straight answer... Sometimes you need to re-think all those answers and the next question would be "HOW" (instead of blaming the use of this forum!)
This is what I do on Daily Chart with NO indicator at all...
1. Identify resistance/support area
2. Wait for 'sign of reversal' on those area (Engulfing, Pin bar, Piercing, etc.) Googling if you don't know any of those
3. Execution. It can be market order, stop order or limit order. Set the SL and TP with RR minimal 1:1 (better 1:2)
Trading should be as easy as 123
To me, the best indicator represents Price Action is the Candlestick itself
Good luck!
FerruFx
The best indicator you will ever find is your eyes.
Mingary
There is no indicator that can represent Price Action.
Price Action is the indicator.
FerruFx
The very first thing if you want to be a trader would be to learn patience ... You seem to have some lack on this !
_______________________
You can NOT always get the straight answer... Sometimes you need to re-think all those answers and the next question would be "HOW" (instead of blaming the use of this forum!)
This is what I do on Daily Chart with NO indicator at all...
1. Identify resistance/support area
2. Wait for 'sign of reversal' on those area (Engulfing, Pin bar, Piercing, etc.) Googling if you don't know any of those
3. Execution. It can be market order, stop order or limit order. Set the SL and TP with RR minimal 1:1 (better 1:2)
Trading should be as easy as 123
To me, the best indicator represents Price Action is the Candlestick itself
Good luck!