best indicator that applies on all type of strategies?

<p>15 and 5 min candle, VWAP, Pivot points. On news based stocks with gap up or gap down buy at pivot and sell at vwap.</p>

<p>There are no successful trading strategies but there are strategies that have a “high probability” of being successful. I prefer using these indicators and the general entry/exit criteria. I have mentioned a slight tweak in the way i use Rsi and Macd in the link shared on the respective indicators: Pivot levels, CPR, RSI, MACD, Stochastics. This is what i use and might not be apt for others or someone else because of the kind of traders he/she is, the choice of instrument, the holding period and a lot of other reasons!</p>

<p>Like ichimoku indicator, there are so many guys after it but i understand only when Manesh Patel talks about it. he developed a method that gives 7 timeframes support or resistance. when Manesh patel says I accept it readily. manesh patel said ichimoku is a special tool. it doesn’t use close unlike most systems. ichimoku uses a high low average of x y z riods. the main thing is cloud which gives support or resistance the kijun or tenkan lines are for money management like stoploss etc. the way Manesh interlinks logically support in one timeframe with another is special. Manesh Patel says we need to buy at mtf support to find low risk entry, once we got it we can find high reward. if you can’t locate a low-risk entry then you can’t get high reward to low risk ratio, money management is the main master key not the strategy.</p>

<p>There are different trading strategies that you can use and try out. You can even apply those strategies on a demo account and see what is best for you. Learn to analyze trends as that will help you a good deal. Scalping is one particular trading strategy which is widely used by traders.</p>