A good Indicator

sandeep · 24 Oct 09, 13:39

as there are a lot of indicators for technical analysis, which indicator is best ?

**Addamz** · 24 Oct 09, 15:54

For me the best are Fibonacci, PivotResistance&Support, and MarketHour

i only use those 3 mainly

**syedul** · 25 Oct 09, 10:34

My opinion: there is nothing before MACD
RSI, Bollinger Bands, Stochastic Oscillator combination also good

**onlyforsoldi** · 09 Sep 10, 17:11

no indicator can forecast the trend of the market but the news are the only factor that make the most movements of the market

**standart** · 24 Sep 10, 08:30

I guess there is the best indicator because indicator is only feature to help trader to know the market trend and when the best time to entry market. but usefulness of a indicator depend on trader who use it. so far I am using moving average and parabolic SAR to read the market trend.

**qlink0** · 02 Dec 10, 04:43

I cannot truly say which is the best indicator as I am not authority. I don't know everything about all these indicators. I only know some of them. I have yet to know others. They say the most popular are the rsi, macd, stochastics, and the cci.
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**gohed20** · 06 Dec 10, 01:47

for my own i use MACD, stochastics and parabolic. usually the combined ot them

**ekosutrisno** · 21 Dec 10, 02:03

there is no best indicator. it is for reference only and how smart a trader used it to read and predict the market price including when the right time to open or close position.
I think the best situation to open position when it comes a big news