Best momentum indicator reddit. Focus on candle stick patterns and support and resistance.

Best momentum indicator reddit So far we have 12 combinations to test without introducing indicators. My go-to indicator setup is RSI, MACD, 50 and 200 EMA. So having tons on indicators on your charts - you are only really just putting more from these four types and muddling what the chart says On this community our goal is to share most latest forex trading manual and automated strategies. true. If you were to advise a beginner based on your experiences, what one momentum indicator would advise them to use. The Relative Strength Index (RSI) is the most commonly used momentum trading indicator. Disclaimer: I also stole this strategy from someone smarter than me. Its the only indicator I need. It consists of two main components: Momentum Oscillator: This part calculates the normalized rate of price change, plotting it as a histogram. With Traveling Trading are the only 2 momentum traders worth watching and learning from. Valheim is a brutal exploration and survival game for solo play or 2-10 (Co-op PvE) players, set in a procedurally-generated purgatory inspired by viking culture. Top Technical Indicators As Determined by Backtesting: (FYI, no indicator can be used in isolation) Rating Trading System Rating Points 1 Stochastics Momentum Index (SMI) 33302 2 Smoothed RSI 32106 3 Average True Range 31156 4 Relative Momentum Index (RMI) 30451 5 Stochastics 30187 137 subscribers in the learnthemarket community. Indicators There are numerous momentum indicators ranging from volume momentum to price momentum. When it comes to indicators, we can divide them into three classes: momentum indicators; trend-following indicators; volatility indicators; Knowing which one belongs to which category, and how to combine the best indicators in a meaningful way can help you make much better trading decisions. If you want to pair it with something, find trend or volatility based indicators to complement it. There are too many indicators out there and it can be overwhelming to understand and use each of them. I said this time and time again. Level 2 and EMAS, wirh RSI tell me when to trim or exit positions. I want to test out… Understanding the limitations of swing trading indicators. However, layering three momentum indicators may lead to redundancy, possibly diluting the efficacy of your analysis. Post any questions you have, there are lots of redditors with LSAT knowledge waiting to help. Market is price, time and volume. So whatever form of market analysis that you personally gravitate towards, study it intimately. I use the squeeze histogram for momentum on my 3/5min chart and confirmation on the 30min/1hr. To me the best momentum indicators are currency strength meters. For technical analysis indicators, I use the Finta library, which is a simple yet powerful library for various financial technical indicators. You hear people talk about “momentum stocks” or how they’re seeing a “momentum shift”. Momentum Indicator (MOM) The Momentum Indicator compares the current closing price with a previous closing price. Although all are lagging and I find them distracting. 🤔 Speculation / Opinion Strategy is momentum based / trend following using a few common indicators (vwap, rsi, etc) Doesn't start trading until 5 mins after market open, open trades close out at end of session Only one entry per direction / no pyramiding No sliding stop Evaluates entry conditions / enters after bar close only This report aims to provide a comprehensive explanation of the Stochastic Momentum Index (SMI), a key technical indicator in the realm of financial trading and investing. And if you can, please explain how the momentum fits into your trading strategy. If price looks overbought, RSI agrees and shows a bearish divergence, and MACD also looks ready to cross (and ideally it too has a bearish divergence), price isn’t respecting 50 EMA support/is underneath, and price action confirms the above, then you can say with pretty good certainty price will drop. It can quite honestly turn a failing strategy into consistently profitable strategy if used correctly and can benefit both price action & algorithmic traders. VWAP helps me find the best entry intraday. It's a private repo at the moment but I can give you some hints. Forget magic indicators. Blue Triangle: Trend reversal indicator, momentum is decreasing, and a reversal is near Blood Diamond (large red diamond): Bearish indicator, if paired or followed with a red x or smaller diamond, a break downward is likely. However, my experience is lacking so take my advice with a grain of salt. But indicators are absolutely useless if you don’t understand how they work and if you don’t have an advanced understanding of key price action concepts. The report defines the SMI, details its calculation, interpretation, and offers insights into how this indicator can be effectively used by traders and investors. Indicators tested in this study were: Tests undertaken with the following settings: Test Data The 2 indicators which do this are Squeeze and Supertrend. It covers momentum, support/resistance, trend vs ranging, trend strength, and forecasting all in one simple indicator. 21 votes, 35 comments. For me I have a custom volume indicator and a fractal based S/R indicator that I had modified from Forex-station. Posted by u/beeboopie - 2 votes and 4 comments It was created by J. The 20/50 crossover coupled with a 200 SMA works extremely well for me. I spent months backtesting traditional indicators and Ichimoku was the only one that had positive expectancy in the long run. The official unofficial subreddit for Elite Dangerous, we even have devs lurking the sub! Elite Dangerous brings gaming’s original open world adventure to the modern generation with a stunning recreation of the entire Milky Way galaxy. 2. Yo great question. VROC to confirm price movements with changes in trading volume. Forex trading Robots and various Expert Advisors! Momentum is a word that is used an awful lot when referring to public markets. I'd you must use indicator for this, then there are rsi, macd etc where you can look for divergence. I'll put those against Reddit until Reddit has written the books. Momentum Indicators: RSI, Stochastic Oscillator, CCI, etc. It's almost all I use and if I had to pick only one it's what I would keep. I'm sure that I'm not the only one using this to help find potentially "big" moves, my question is what other criteria are you using to help find better TTM Squeeze setups. Popular volatility indicators are BB, Keltner channel, envelopes etc,. How the Stochastic Oscillator works - others use plain ol' Relative Strength Index, or Williams %R, etc. 3. As an official Fidelity customer care channel, our community is the best way to get help on Reddit with your questions about investing with Fidelity – directly from Fidelity Associates. Popular trend indicators are ADX, MA, MACD, Parabolic SAR, BB. It can help you identify potential trend reversals and determine the best time to enter or exit a trade. The Intraday Momentum Index calculates the difference between the current price and the average price over a specified lookback period, usually 10-20 bars. Moving Average Convergence Divergence (MACD) Indeed, each of these indicators - Stochastic, RSI, and MACD - provides a unique perspective on price momentum and potential reversals. You can use indicators in different ways with different settings, but you'll only get results from them when you understand market structure and what the market makers are up to. The "Another Momentum Squeeze Indicator (Open-Source)" is a comprehensive TradingView script designed for market analysis, combining momentum and volatility measurements. The ADX is designed to indicate changes in momentum and the direction and strength of a trend. Aug 4, 2023 · Top Five List of Momentum Indicators for Technical Analysis Now that we understand the types of signals that momentum indicators produce, let’s break down five of the most popular indicators. Hey, here is a platform that helps you quickly identify the best momentum plays during pre-market and throughout the session: www. Moreover, the "best" indicators might vary depending on the current market conditions and the individual's trading style. Price action and volume are the only real-time data. Check out the sidebar for intro guides. They can help traders identify patterns, confirm trends, and generate trading signals. MACD is another commonly used tool, that is a trend following momentum indicator. I've been going through indicators and I have some that work decently but none that I really like. "Modified 50 Day Moving Average" It helps show when to buy and sell. This squeeze momentum indicator has predicted the start of the bear market crash back in February on the daily chart for SPY. It's very simple to use. Volume indicators are used to understand the strength of market trends and to predict future movements by analyzing the quantity of trading activity. Hi there, I am getting started trading crypto and trying to accumulate as much ETH as possible trading in and out of altcoins. I personally use it this way: don't wait for the indicator to switch from buy to sell, you might miss out on profits. This subreddit is an unofficial, non-affiliated community, run by the users, to embrace and have conversation about the products we love! Ichimoku. and allowed you to calculate the underlying asset’s price momentum. The four types on indicators trend (like MACD), momentum (like RSI), volatility, and volume. For lower time frames it needs to be combined with macd or 3emas. Buy and Sell Signals: Buy Signals (Green Arrows or Green Zones): Appear when the momentum indicator detects upward momentum above a specific threshold. The indicators I use are fibonacci retracements and fibonacci fans drawn on the daily or 4hr to see key supoort/resistance levels, manual trendlines to draw levels in between those fib levels as price action does its thing, Exponential Moving Averages . 4hours. Candlesticks and volume are my preferred tools for identifying momentum. Candlesticks and volume are my preferred tools for identifying momentum. Eg. Learn it, understand it, use it. I constantly track my “entry-edge” on several different time horizons. If you’d like to experiment with them yourself, you’ll find each indicator waiting for you in the free TickTrader platform. Like all other indicators and financial metrics, the signals can be misleading, so it is best not to use them as a direct sell and buy signals. I live by TTM, but I trade the squeeze. I only use EMA, TTM, and RSI. It basically shows the gap down to show how low a stock can crash once its below the 20 EMA (basically, if the Been learning about trading signals. They help inform each other. Volume vs average daily volume (unusual volume is a momentum indicator) Price changes over different timeframes (1-min, 5-min, daily) Market cap ranges (to match your strategy) Float size (especially important for small-cap momentum trades) Price ranges to match your account size; Technical Indicators: The scanner should support momentum The Stochastic Oscillator is a momentum indicator that shows the location of the close relative to the high-low range over a set number of periods. It is worth noting that all oscillatory methods are designed to trade in the direction of the prevailing trend, which is more important than any signal. Jul 12, 2024 · When the momentum of the trend shows signs of weakening, such as a divergence between price action and the movement of momentum indicators, you exit your positions before the trend reverses. If there was one, algotraders would be crazy rich by now. CMO to identify momentum shifts and potential trend reversals. For me, 9/20ema, vwap, Vol, and lvl2. she’s huge on price action first and indicators for confirmation. Bybit is a cryptocurrency spot and derivatives exchange offering trading on inverse, linear perpetual, quarterly futures contracts with up to 100x leverage; providing users with a highly secure, state of the art matching engine, 24/7 service, and an advanced order system. Final Thoughts. Price Pressure Momentum (PPM) is an indicator designed by the trader and portfolio manager Bob Kendall. Many signals are predictive and attempt to anticipate the future. Green line shows the security has potential, red line means its likely going down. The difference in SMA vrs EMA are minimal, not enough to affect the overall results of a strategy. And once you have a full understanding of the indicator you won’t actually need it anymore (it’s far from an ideal paradox I know). Bollinger Bands in conjunction with StochRSI (7,7,3,3) and MACD (19,9,6). Simple. However, it’s worth mentioning that they can by no means guarantee you constant profits. No, I don't think there is one special indicator that works super accurate. . You receive daily real-time momentum trading alerts (screening US markets) along with key research data So to use an indicator you must understand what it is telling you fundamentally in any real-time unique context. Matt Diamond YT Channel and Eric M. Squeeze shows the exit from the consolidation and Supertrend provides the trailing stop. Any old indicator can be used, but an indicator is just that, it just gives an indication, and usually a late indication. I just used to get a good understanding of why a certain indicator was being added to my chart. Oscillators: I prefer the Stochastic RSI, with fast and slow to track momentum and price changes. “A Century of Evidence on Trend-Following Investing” by Hurst, Ooi, and Pederson (2014) further examines time-series momentum by using data from 1880 across global markets, extending the evidence for momentum by over 100 years. Suggests that prices may rise, offering a buying opportunity. Works amazingly well. It's a great indicator of market interest and potential momentum plays. io. The indicator, but also the theories (price, time, wave). They screen the market for momentum opportunities and send you live trading signals. But still, I use indicators depending on the situation while trading. This would be the crossover of exponential moving averages, mainly the 8- and 21-day EMAs. Short Entry: CMO indicates bearish momentum in conjunction with decreasing VROC, suggesting possible downtrends. FUTURES/OPTIONS/CRYPTO TRADERS WELCOME! According to Babypips. This guy has been a plague to trading education. How to set up: copy and paste the code to the Tradangview’s Pine Script editor, save it, add it to your chart. you’ll know you found the right one if you see a Asian girl with bad jokes lol. Those buy and sell signals look 23 votes, 36 comments. edgewall. Hey I am pretty new to trading and I would like to ask you all what indicators do you use for scalping. Any catalysts on a federal level that could accelerate or support momentum for more than a week. Sometimes the change from last swing high or sw I use indicators for situational awareness, I have an "n" second chart with a couple of sensitive oscillators and volatility band studies on the IB platform that show expanding or slowing momentum. “It sounds good, so let’s use it”, kind of Best indicator for me is Level 2 with EMAS. I don't think there's a precise indicator for it. The best single use indicator I've used so far is the Ichimoku cloud. Here's an overview of each volume indicator you've mentioned: On-Balance Volume (OBV) OBV is a technical trading momentum indicator that uses volume flow to predict changes in stock price. Best Swing Trading Indicators. There isn't really an answer to your question. This is a safe place… I’m a strictly indicator trader myself. Oct 7, 2022 · Here are the top 5 momentum indicators you could use when trading. Youtubers following stocks, or the next momentum play and putting it out to their audience. Search forum if these indicators are unfamiliar or unsure of how they are used. Welles Wilder Jr. There's neither a perfect indicator nor a perfect indicator setting. In this article, we will discuss some of the best fundamental indicators for trading stocks. 4- MACD (Moving Average Convergence Divergence) MACD is a trend-following powerhouse! This indicator generates buy and sell signals based on the relationship between two moving averages. Look for support resistances, and prices making lower highs or higher lows. Volume-Based Indicators : OBV, CMF, MFI, etc. The momentum indicator is a technical tool that traders use to determine the strength of a stocks move over a given period of time I am sure you're a good guy, but no matter what indicator you use, NNFX teaches you to overfit in-sample data like a madman. Dec 18, 2020 · Good trend and momentum require strong positive/bullish signals in these indicators. But there is one indicator (or combination of indicators) that seems to be bulletproof in indicating market turnaround. We explain and test four popular momentum indicators for reliability and to deduce the best settings for traders. This indicator MIGHT show us at least something interesting. Honestly, the indicators are just substitutes for mainly areas of interest, overall market direction, current trend, and momentum. You receive daily real-time momentum trading alerts (screening US markets) along with key research data Momentum trading is one of our favorite styles of day trading so we put together a list of some of the best momentum indicators for day trading. I stay away from oscillators personally because OB/OS is more geared towards stocks than forex. Introduction Hey, here is a platform that helps you quickly identify the best momentum plays during pre-market and throughout the session: www. 5 years, it has correctly predicted a big price-run on 8 out of 10 "squeeze signals". TOS MarketForecast: This TOS indicator is a powerful tool that offers near term trend, intermediate, and momentum signals; there is more info here and here. A positive value indicates an upward movement, while a negative value indicates a downward movement. Earnings per Share (EPS) what is your favorite indicator or study you use to find options plays? Do you scan for heightened vol. Cipher A looks great visually, however… Top 7 Indicators for Day Trading and Scalping on TradingView. Even if you find an indicator that works in the past after optimizing hundreds of settings and combinations, it will always fail in live markets because of overoptimization. Your best indicator is to learn to read price action and have strict discipline in your risk management to end up profitable. I also developed some custom indicators myself. When I scalp I do it in two waysat market open using premarket support/resistance levels and any time throughout the day if I see a setup. These tools are essential for identifying trends, assessing momentum, monitoring volatility, and gaining insights into market share. Lol. The BEST Indicator On TradingView: Squeeze Momentum Indicator Strategy (Lazybear) r/nanocurrency • Nano - An example of how a cryptocurrency can do good and make life easier TTM Squeeze is a decades old volatility and momentum indicator. It uses Python with Pandas for data manipulation and analysis. According to the RSI indicator, if an asset has a momentum of 70 on the scale from 0 to 100, it indicates that the asset is overbought. Scouring reddit boards if there's any buzz happening. It’s a little frightening how few repeat indicators are in this thread. I guess that's my answer. Squeeze momentum indicator. The RSI is your go-to indicator. I get this from Market Structure now, but in the past. Personally, I think people are flying blind without a momentum oscillator on their charts. What is the blue area under the seel screenshot - thats a custom indicator i use developer by Ripster47 who is one of the best twitter guys around for learning stuff (cant post the link since the moderation bots gets annoyed about it). Examples would be the Stochastic, the Relative Strength Index (RSI), Williams %R, and the Momentum indicator. I want a leading indicator like the RSI, only to use it to gauge momentum for trends. To understand momentum indicators, you first need to understand momentum. Each one of these serves their own purposes, some I like to use in conjunction with others. Since the start of this week, it is once again signalling an upcoming price run. traders look at the MACD and try to predict what will happen - but those indicators are lagging indicators, and you then have to infer based on what it is saying what might happen next - the 1OP is predictive meaning it is telling you what will happen next. Level 2 helps me identify support target. keep holding you diamond handed son of a bitches it’s working!💎🙌🏼🚀ily all This thread is archived New comments cannot be posted and votes cannot be cast I can't seem to understand how the inbuilt ZigZag Indicator and especially the Momentum Based ZigZag indicator works. Oct 27, 2024 · In technical analysis, momentum indicators help traders identify the strength and direction of a stock’s price. An indicator is just something that SHOWS what a situation IS like - AT THE MOMENT! It is NOT the 8 Ball of truth for the upcoming future. The best place on Reddit for LSAT advice. Indicators: Technical indicators are mathematical calculations applied to price and/or volume data to provide insights into market trends, momentum, and potential entry or exit points. These are a lot more useful than what indicators can show you. I use my (unusually poor, when I was a kid I watched with envy the good dancers on the floor) sense of tempo to place a market order while on the 1 Red X: Bearish indicator, if followed by a red diamond, a breakdown is possible. See the green candle turning dark signaling the start of a downtrend. Personally, I find value in using both the MACD and RSI in my trading strategy. Narrow Range Bars with low volume indicate slowing momentum. , analyze trading volume to confirm price trends or identify potential reversals. RSI and TTM set up the play. We can also synthetically determine this with things like Unusual Volume and momentum indicators, but those play well for different phase of the trading "journey". Swing Trading is an investment strategy generally characterized by a short time horizon, emphasis on stock momentum, and monitoring both an underlying's fundamentals and technical analysis. 1)Pivot Point Supertrend, a must have to understand overall trends and crucial pivot spots Can confirm it works most of the times but on higher time frames. For people who don't know what I'm talking about. To me it’s all about custom indicators in my opinion. They may be looking at other indicators and trying to use them to predict something, i. No indicators. These are all just individual tools from a large toolbox. , specific delta, do you use studies on the stock to find a setup and trade options off that? I would like to know what y'all do. Entry: Long Entry: CMO signals bullish momentum alongside increasing VROC, indicating potential uptrends. I am going to give a basic overview of the indicator then backtest it on historical BTC data. I define my entry edge as the average per bar return over the next x number of bars after a signal vs the average bar(or random entry) during the same time horizons. Rate of Change (ROC) The Reddit LSAT Forum. Low P/E Value Stocks: Undervalued stocks with low Price-to-Earnings ratios. MACD, Dynamic Momentum Index, RSI, 200, 50, 20 EMA, Bollinger Bands, Projection Bands, & Pivot Points. entertaining, informative, just about everything you could want. Eric has a little bit more variety than MD i think and actually takes times to coach his followers so hes more hands on and direct but also shows you multiple momentum strategies. A place to share stock trading strategy and develop quality investment skills. Note that the S&P 500 charts below are used for educational purposes only and do not reflect the current market price of the index. MACD period. The two best meters to me are CDash and Currency Strength Giraia (This is the one I use). For instance, for the ZigZag indicator I've put down a 3% deviation and a 10 for Pivot Legs(I don't understand what this setting means). I don't consider volume as an indicator because it is essential part of the market so if you want ONE indicator, it would be VWAP 100%. I have watched many videos on how to look for the "perfect" setup using John Carter's TTM Squeeze with stacked EMAs. PPM measures SMA percentage change and derives trend trading signals from it. You have to have the indicators fit your particular way of trading or they will always fail. You then rotate the capital to a new set of stocks showing the best momentum in either direction and take the corresponding position. It’s all about custom made indicators. It allows you to obtain the success rate of some indicators including RSI on an easy-to-use interface. A momentum indicator like the RSI can give an idea if buyers have the market under control or sellers might take over. Indicators can help give you a visual clue at times, like MACD or RSI. For a more detailed analysis and to find out the success rate of various indicators, you might find ISR's platform useful. Look at the indicators on the charts, they look good. RSI is a momentum indicator. Nov 11, 2024 · The Intraday Momentum Index (IMI) is a technical indicator that identifies short-term price momentum and trend strength for actively traded stocks. Keep in mind that noone - not even the most experienced trader with the best indicators - can EVER predict to a 100% the possible outcome of a chart. I have compiled the best swing trading indicators that stand out for their simplicity and efficiency of trading signals. Go to forums and find custom indicators people will share! There is no holy grail, but personally, if i could choose just one indicator, i would choose bollinger band. Jun 16, 2020 · I want a leading indicator like the RSI, only to use it to gauge momentum for trends. Indicators can be useful for confirmation or improving confidence in taking a trade or staying in one, but if indicators are your primary means of trying to catch setups, you're probably going to struggle. You should search for a negative slope and than a long period of consolidation period. , gauge the speed and strength of price movements, indicating potential overbought or oversold conditions. These indicators can help you assess the health of a company, identify opportunities for investment, and make informed trading decisions. The Law School Admission Test (LSAT) is the test required to get into an ABA law school. The Momentum indicator is perhaps the most understandable of all trend indicators, it shows whether the trend is accelerating or decelerating and whether it is maintaining or slowing down. It all depends on the type of indicator there are new type of indicators that will let you know if the asset you are trading is ranging or trending I'm gonna share you will my own list look at these indicators test them out on demo to get over 80% winnrate it's easily achievable if you have multiple confirmation indicators 1 indicator that identifies ranging markets, 1 indicator for momentum JUST looking at indicators, I have a favorite. In the last 2. Rather than buying and selling an index with a long-term moving average, I hold my individual stock picks the whole time and use similar momentum indicators to determine if I should hedge the beta out of my portfolio or not (by shorting SPY or a similar ETF). e. Personally, I rarely use indicators, but of course I've tried the usual stuff like moving averages, RSI, MACD, bollinger bands, volume profiles, etc. I've been adjusting my position sizing to cope with when a trend falls before VWAP. Lane's words on the nature of Stochastics being a momentum oscillator are critical for understanding their purpose, "the Stochastic Oscillator doesn't follow price, it doesn't follow volume or There are too many indicators out there and it can be overwhelming to understand and use each of them. Usually play with ITM and OTM options 2-3 months out. Large Volume and Wide Range Bars in the direction of the trend will indicate an increase in momentum. Especially because a lot of momentum trading involves low float penny stocks and it's easy to trip stop losses. TradingView provides a variety of powerful tools specially designed for day traders looking to improve their decision-making capabilities. Focus on candle stick patterns and support and resistance. Related: Top Stock Investment Newsletters. It can be used to identify the speed of price movement, as the indicator is simply the rate of change. On the other hand, if the momentum is reaching 30, then it’s a sign of the asset being oversold. Hate to be that guy, but the best indicators are the ones the most people are using. These indicators work best with a stock that trades in a similar range like the general market or stocks with high relative str to spy. I am trying to find the overall momentum of a trend to catch bounces off of these keltner channels. r/Garmin is the community to discuss and share everything and anything related to Garmin. I like to pair the Dynamic Momentum Index with RSI, they can tell you when prices may be set for a rebound. Sell Signals (Red Arrows or Red Zones): Appear when the momentum indicator detects downward momentum below a specific threshold. It's like a moving value area and excellent indication of what is going on between buyers and sellers. Three moving averages I have found to be my best. The indicator does this by first calculating the Directional Movement Index (DMI). Supreme Commander (abbreviated "SupCom" or "SC") is a real-time strategy video game designed by Chris Taylor and developed by his company, Gas Powered Games. I was wondering what are some of the best indicators for momentum that I could use There's no doubtthe ATR is by far the best indicator out there, especially when used as a trade management tool. This setting has been incredibly effective in helping me identify stocks that are experiencing significant price movements accompanied by high trading volume. Read about how they work, google "momentum indicator books" and try to find some info on different indicators. A subreddit about discussing topics and sharing links about anything related to Supreme Commander and its sequel, Supreme Commander 2. The idea is price is making higher high but rsi is showing lower which signals momentum is slowing. Our goal is to help Redditors get answers to questions about Fidelity products and services, money movement, transfers, trading and more. Unfortunately most of these references are just off-the-cuff sort of statements that don’t have any real meaning. You could easily extend this combination with the MACD, RSI, or any number of other indicators both on the current timeframe and higher time frames for confluence and confirmation. com leading indicators work (oscillators) better for ranging markets. 10 - Most popular, price based, lower indicators I get modification requests for among day traders: RSI, Stochastic, Momentum (indicator not type of indicator), RSI In Laguerre Time, True Momentum Oscillator, Williams Percent R, Fisher Transform, MACD, Percent Price Oscillator, TTM Squeeze yessir, personally I love “Humbled Trader” on youtube, she seems pretty honest in her journey. mesucz xliutih xjoxft lckvpm xxbyg lvkam ucmjuqq qrmp ggqiu tpluq