The following are the top Eight indicators for trading:

  • Exponential Moving Average (EMA)
  • ADX
  • CHANNELS
  • On Balance Volume (OBV)
  • Convergence and divergence of moving averages (MACD)
  • Index of relative strength (RSI)
  • Stochastic
  • Parabolic SAR

You don't have to use them all, instead, pick a few that you think would help you to trade.

Example of Exponential Moving Average (EMA) and MACD:-

EMA-and-macd


"Trend in stock market" or "how to find Trend in stock market?"  

Please look at the picture above where we can find the answer of this question.

  1. "EMA" or "Exponential Moving Average" is a "trend following Indicator". When "EMA" is going up, it indicates an "Up Trend" and when "EMA" going down, it indicates a "Down Trend" ("Downtrend").
  2. "MACD-Line" also is a "Trend Following Indicator". "MACD LINE" shows "Up Trend" when it remain above "0" Line. "MACD LINE" shows "Downtrend" when it remain below "0" Line.
  3. "MACD-Histogram" is an "Oscillator". "MACD HISTOGRAM" helps us as an "ENTRY EXIT INDICATOR"

Watch This Video : -


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