what is the good indicator to use along with Bias?

Discussion in 'Technical Analysis' started by emk662, Mar 8, 2009.

  1. emk662


    I like Bias indicator because that tells me the oversold or overbought. But I see two main problems. 1. it generates too few signals. 2. to use as an exit rule is not sufficient.

    What are the good companion indicators to use along with the bias?

  2. Price and Volume.

    - Spydertrader
  3. emk662


    Please do not tease me. Thanks.

    Can you tell me how to quantify the price and volume?
  4. You'll be a "slave" to the time-frame of the indicator. :cool:
  5. SK0


    Market, really:cool:

    If you believe in your bias indicator, why bother to look for another confirmation? There is no holy-grail. Live with its strength and limitation and take the treat as well as the beating from the market.
  6. emk662


    yes, that is a dilemma.
    Can you tell me what limitations you think this indicator has?
  7. Because that worked so well for you with SCT?

    Told you that you'd blow out