Which are the good automated indicators?

<p id="isPasted">Best Indicators for Intraday Trading:</p><p>The following indicators are the best indicator for me.</p><p>1) RSI</p><p>2) Moving average</p><p>3) Vwap</p><p>4) Bollinger</p><p>5) Ichimoku cloud</p><p>6) William% R</p>

<p id="isPasted">For intraday and short term trading, it’s best to go with EMA and MACD, use these indicators along with candle stick chart patterns.</p><p>People often take calls only on the basis of candle stick chart patterns and end up losing money. Be cautious and use Technical Indicators along with patterns.</p><p>Now, when to enter and exit?</p><p>So, the theory I am going to talk about was given my Dr. Alexander Elder and I personally recommend you to follow this. It’s an impulsive system for momentum trading just to analyse entry and exit point using just two indicators which I discussed above, EMA and MACD.</p><p>ENTRY - Go long when both the EMA as well as slope of MACD histograms rise, it represents that both the inertia as well as momentum are favouring bull. (vice versa for short, when EMA and MACD falls , favouring bear.)</p><p>EXIT - Square off the position the moment when either indicator turns down. If EMA stars declining or MACD, sell at the same moment. ( similarly for bear case)</p>

<p>I prefer using bollinger bands and MACD crossover. And yes, indicators are essential to indicate the right time for exiting a trade, based on the price and volume allocations.</p>

<p>Yes some indicator are very much useful but the thing is most of free indicator are not that much accurate and also not give proper entry and exit signal you need to use custom indicator which give proper entry and exit and also give good accuracy I make my own custom indicator which apply on tradingview chart you can see the video for details how this indicator give entry and exit</p>

<p id="isPasted">I think you are in your initial stage of trading and can’t able to find proper entry and exit position, this is the basic and genuine problem which everyone face in his/her initial days of trading.</p><p>I will suggest you four indicators on basis of which your work to find entry and exit position will get easy-</p><p>Moving average (the basic and compulsory indicator every successful trader use in his/her strategy to find entry and exit position)</p><p>MACD (This is the best and well known indicator in terms to find entry position)</p><p>Fibonacci retracements (It has some defined levels calculated on the basis of golden ratios and market follow those levels very accurately)</p><p>ADX (It shows the strength of the trend which is about to start)</p><p>Based on these four indicators, you can find your entry and exit position relatively easy and the most important study you should do on charts at the time of trading is understanding the price trading strategy, it is something which will decrease your risk to great extent and you will end up in profits.</p>