Spotlight on Technical Analysis: Which Indicators Are Your Favorites?

[kingdee3]

Dive into the world of technical analysis. Discuss your favorite indicators, chart patterns, and how you use them to make trading decisions.

 

[CinFX]

I guess it depends on the goal one would like to accomplish.

I like to use Donchian Channel, Nadaraya Watson Envelope, RSI and MACD mostly.

 

[skrimon]

I guess it depends on the goal one would like to accomplish.

I like to use Donchian Channel, Nadaraya Watson Envelope, RSI and MACD mostly.

It's interesting that you use a combination of trend indicators (Donchian Channels), volatility indicators (Nadaraya-Watson), and momentum oscillators (RSI and MACD). This covers a wide range of technical analysis aspects, potentially aiding in identifying trends, volatility changes, and potential entry/exit points. However, be mindful that using multiple indicators can lead to conflicting signals, so it's crucial to have a clear understanding of how they interact and how you will interpret them within your trading strategy.