THE SMA INDICATOR
The Simple Moving Average Indicator or SMA indicator is the most basic type of indicator traders rely on to device a trading strategy. It shows traders the average price of their trades, over a specific time.
THE EMA INDICATOR
The Exponential Moving Average or EMA indicator is another useful indicator which enables traders to give more weightage to recent prices, while SMA assigns equal weightage to all values.
THE MACD INDICATOR
Another popular indicator used by traders is the Moving Average Convergence Divergence or MACD indicator. It is one that suits various types of traders. The MACD helps in understanding momentum
and to follow and capture trends.
THE PARABOLIC SAR INDICATOR
THE PARABOLIC SAR INDICATOR
The Parabolic Stop and Reverse or SAR indicator is another excellent indicator that shows traders a price action trend. The SAR scalping indicator displays chart points below the price during an upward trend.
THE SUPER TREND INDICATOR
A Super Trend is a trend following indicator similar to moving averages. It is plotted on price and the current trend can simply be determined by its placement vis-a-vis price. It is a very simple indicator and is constructed with the help of just two parameters- period and multiplier.
Well, some will ask which is the best indicator, then the answer is that no holy grail solution lies as every indicator has its plusses and minuses and you just need to find a system and make it perfect like we have done while providing our Best Bank Nifty Option tips which get you money on a daily basis.
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