In this post I am going to tell you about the TOP 6 INDICATORS which help you in stock market.
1. Super Trend —>• l-20, Factor-2 (Fast result)
• Always trade according to trend. When trend is upward or downward then you make profit, in sideways trend chance of profit is lesser
2. Moving Avg Convergence/ Divergence(MACD)—>When blue line cuts the red line from below then buying single generate.
• When blue line cuts the red line from above then selling signal generate.
3. Volume- Weighted avg price(VWAP)—>• Don't sell much lower than VWAP but you can buy.
4. ADX—>• If ADX is less 25 than it is less powerful but if it is greater than 25 then it is powerful.
• It tells us that how much power is in the candle or price
5. PCR—>• If PCR tells you to sell then sell, if it tells you to buy then buy
• Before market opening or taking trade you should take a look on PCR
• You can use autotrander software(SMC)
• PCR > 1-1.5 (BUY)
• PCR < 1 (SELL)
6. Pivot Point Standard—> Automatically gives you resistance and support on chart
If you have not visited our last post on Breakout and breakdown (Part-10) then click on this link or copy it and paste it on chrome
Link- https://commerceworldteam.blogspot.com/2024/04/breakout-and-breakdown-part-10.html
Please comment below if you like it and also comment below if you face any kind of difficulties.
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