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The indicators that will work for you are up to you to discover.
Which ones that are useful to you depend on your individual and unique
personality.
For Example:
I am a member of San Diego Traders Group. At a recent meeting we
played a trading game. Each member started with a $100,000 imaginary
account. The game was to trade the account with a system that had 70%
winning trades(a VERY GOOD system). Each trade (of about 50 total)
was drawn randomly and each player had to decide how much to invest
and whether to take the trade or stay in cash.
After 50 trades - over HALF of the group went broke ! The biggest
winners were up about 50%. I was up about 15%. It was a very
sobering experience for all of us.
So to answer your question
1. Moving averages are good at identifying trends
2. Volatility indicators ATR or Bollinger are good at picking bottoms
3. Stochastics or RSI are good at identifying over bought/over sold
So I've now given you about 2% of what you need to know to trade
successfully. And most importantly, what will work for you is unique
for just one person - YOU.
Reef-Break
--- In amibroker@xxxxxxxxxxxxxxx, "Anurag Sinsinwar" <sinsinwar@xxx>
wrote:
>
> Hi,
>
> Can anyone help me with a list of indicators which are must before
taking
> any call on stock
>
> I dont need many as "*Too many cooks spoil* the broth,"
>
> simply 2-3 indicators which one should see before taking any call
will do .
>
> I have all indiacators which are there in library. if someone willing to
> help me in that or other then that would be great to me.!!!
>
> --
> Regards,
> Anurag Sinsinwar
>
> "Knowledge is the life of the mind."
>
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