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Helpful Logical Indicators

  • #1
  • First Post: Oct 26, 2017 4:56am Oct 26, 2017 4:56am
So which indicators are you using for aid?
Explain the logic behind them in your mind, and why exactly do you use them and what for.
It could be even an indicator which displays OHLC numbers on your chart, if you are using it.
It could be a moving average with smartly selected settings.
And etc...

On a side note, a question for discussion - Is the indicator itself more important than the settings of it?
And since I`ve brought that up. How exactly and why do you chose specific settings for the indicator?
The truth is hidden from you
  • #2
  • Oct 26, 2017 5:39am Oct 26, 2017 5:39am
Price and volume (real volume from futures, not forex tick volume)

Price to see the momemtum of the recent price swings

Volume to see the buying and selling which precedes the price movement

They together show me the state of supply and demand relationship in the market
Price and volume reveals everything. The market moves on supply and demand.
  • #3
  • Oct 26, 2017 5:45am Oct 26, 2017 5:45am
Quoting Darastonius
Price and volume (real volume from futures, not forex tick volume) Price to see the momemtum of the recent price swings Volume to see the buying and selling which precedes the price movement They together show me the state of supply and demand relationship in the market
Volume identification is very tentative. If you truly know demand vs supply then you become billionaire very soon.
  • #4
  • Last Post: Dec 6, 2017 4:33am Dec 6, 2017 4:33am
Quoting MaxenshteinD
So which indicators are you using for aid? Explain the logic behind them in your mind, and why exactly do you use them and what for. It could be even an indicator which displays OHLC numbers on your chart, if you are using it. It could be a moving average with smartly selected settings. And etc... On a side note, a question for discussion - Is the indicator itself more important than the settings of it? And since I`ve brought that up. How exactly and why do you chose specific settings for the indicator?

Well, according to me moving average is the most helpful technical tool that describes the dynamic support and resistance levels! This is why, I use EMA 20 and 50 in my live trading chart! In addition, I mainly use D1 time frame.
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