What are your favorite, most reliable indicators?

Discussion in 'Technical Analysis' started by dylan57, Dec 23, 2007.

What is your favorite indicator?

  1. MACD

    35 vote(s)
    18.1%
  2. RSI

    19 vote(s)
    9.8%
  3. Fast Stochastics

    4 vote(s)
    2.1%
  4. Slow Stochastics

    12 vote(s)
    6.2%
  5. Williams %r

    2 vote(s)
    1.0%
  6. Commodity channel index

    13 vote(s)
    6.7%
  7. Bollinger bands

    16 vote(s)
    8.3%
  8. other

    92 vote(s)
    47.7%
  1. moving averages


    bids and offers


    support resistance


    buyers and sellers
     
    #31     Dec 30, 2007
  2. Groundhog, leap year and AFC vs. NFC championship.
     
    #32     Dec 30, 2007
  3. Samus, apologies if this is stupid, but my quick take on Fisher transform (thank you very much for posting), never having seen it before, is that you have three variables to optimize to get a good indicator, the period of the sample, the smoothing constant, and the shift. Not to be negative, but my experience is that it is virtually impossible to do that reliably.
     
    #33     Dec 30, 2007
  4. Question..do you use the HA with a default set up or in a smoothed mode. I have seen the HA used "smoothed" in an ATS and it was very robust in performance.

    Anyone else using the Heiken Ashi "smoothed" ?
     
    #34     Dec 31, 2007
  5. ehsmama

    ehsmama

    EYES.
     
    #35     Dec 31, 2007
  6. X-11

    X-11

    Let's not forget you can base the signal on (H+L)/2 or the close, open, high, low or (H+L+C)/3 or (O+H+L+C/4) or (O+C)/2 or whatever suits you. I wonder which one would be best?
     
    #36     Dec 31, 2007
  7. MarkBrown

    MarkBrown

    peoples opinion here on et as the best indicator. ;)
     
    #37     Dec 31, 2007
  8. =======================
    Like that last one, but that may be best not to put moving averages on poll,popularity or might is not right,
    all the time.

    Disagree ,however that MA work;
    helpful yes, but people do the work.

    Not a prediction;
    but whether daytraders know it or not,50 dma,200dma will effect ticks,intraday moves eventually,
    & helps with positions, as you said,Pat oo.:cool:
     
    #38     Jan 5, 2008
  9. nealvan

    nealvan

    I sit with my legs crossed and rub my temples. Then I chant yumma, yumma, yumma, yuummmaah.. I do this until I get a good read.
    This could take days.
     
    #39     Jan 5, 2008
  10. Erniii

    Erniii

    smoothened MA's shifted 5 periods forward
     
    #40     Jan 5, 2008