Table of Contents
Which technical indicator is the most accurate Quora?
The relative strength index which is an oscillating momentum indicator ,is the most accurate technical indicator, not only based on its performance but also based on the user-friendly nature. RSI uses numbers to indicate the market conditions.
What indicator complements RSI?
RSI is often used to obtain an early sign of possible trend changes. Therefore, adding exponential moving averages (EMAs) that respond more quickly to recent price changes can help. Relatively short-term moving average crossovers, such as the 5 EMA crossing over the 10 EMA, are best suited to complement RSI.
Is tradtrading daily timeframe right for You?
Trading daily timeframe is not exciting to most traders. It is slow. It requires a ton of patience. It has fewer trading opportunities. Still… Trading daily timeframe is the answer for most traders (with many “hidden” benefits) — especially if you have a full-time job.
Can you get a second chance trade entry on a signal?
Luckily, there are a number of different ways you can get a good second chance trade entry on a signal you initially missed. One of those ways is by use of the 1-hour or 4-hour charts to look for a signal a few hours or even days later, to re-enter in the direction of the original daily chart signal that you missed.
Should you trade the Daily Chart with confirmation from the intraday?
Remember, it is NOT essential to trade the daily chart with confirmation from the intraday. It’s just something you might want to implement as you become more advanced and have mastered the basics of trading daily chart time frames. Remember, this is NOT day trading!
What is ctrading central?
Trading Central provides iFrames for brokers to embed into their website or inside their trading platforms, MT4 indicators that traders can install themselves and an API feed for developers to build tools based on the Trading Centrals research. What does Trading Central have to do with cTrader?