Best Indicators For Scalping

This is a discussion on Best Indicators For Scalping within the Discretionary Trading forums, part of the Methods category; Originally Posted by wayfoward % Price Oscillator Ima / tma / sma Average Directional Index period Bollinger Bands deviation / ...

Reply
 
LinkBack Thread Tools Search this Thread
Old Jul 23, 2012, 9:40pm   #8
 
shadowninja's Avatar
Joined Jul 2007
Re: Best Indicators For Scalping

Quote:
Originally Posted by wayfoward View Post
% Price Oscillator
Ima / tma / sma

Average Directional Index
period

Bollinger Bands
deviation / period

Chaikins Volatility
ma period / roc period

Expected Moving Average
period

MACD
Ima / tma / sma

Momentum
period

Momentum Percentage
period

Moving Average
period

Parabolic SAR
period / max period

RSI
period

Standard Deviation
period

Stochastic
%k / sp / %d

TSI
short period / long period

Two Expected Moving Averages
EMA1 / EMA2

Two Moving Averages
MA1 / MA2

Williams %R
period
I'm not a scalper but in my time over the years in an effort to try to profit from scalping, I've used all of those indicators... probably all at the same time at some point. The only time I've really been successful is when I've removed the damned lot including candles and just looked at lines.

PS EMA = Exponential Moving Average
__________________
The markets can stay solvent longer than you can stay irrational.
My sports trading challenge: http://www.trade2win.com/boards/trad...challenge.html
shadowninja is offline   Reply With Quote
Old Jul 24, 2012, 2:20am   #9
 
3 Posts
Joined Jul 2012
Re: Best Indicators For Scalping

I use 14.3.3 stocastic along with pivot points along with 20,50,200 ema
but my main indicator is my eyes,, looking at price in relation to the index and general market as well as knowing the direction of the trade in the first place.. then its a matter of breaking down the time frames. candles work for those that use em in that they can see more clear what the stock is doing but that is just under a trained eye.. you can have a trained eye with lines with ohlc bar alike its up to you the trader to find your way.
scalpman24/7 is offline   Reply With Quote
Old Jul 24, 2012, 2:21am   #10
Joined Jul 2012
Re: Best Indicators For Scalping

Quote:
Originally Posted by timsk View Post
then none of the above fit the bill as far as I know.[/URL]
Price is the best indicator there is.
PATrader is offline   Reply With Quote
Old Jul 24, 2012, 8:05am   #11
NVP
 
NVP's Avatar
Joined Jun 2004
Re: Best Indicators For Scalping

Quote:
Originally Posted by wayfoward View Post
My spread betting account gives a list of chart indicators and overlays such as Bollinger Bands etc. Which indicators are best for scalping FOREX (EUR/USD) (EUR/JPY) and how do you choose / set the parameters? Below is a list of indicators and some extra paramaters available, what are the best settings for these extra parameters?

% Price Oscillator
Ima / tma / sma

Average Directional Index
period

Bollinger Bands
deviation / period

Chaikins Volatility
ma period / roc period

Expected Moving Average
period

MACD
Ima / tma / sma

Momentum
period

Momentum Percentage
period

Moving Average
period

Parabolic SAR
period / max period

RSI
period

Standard Deviation
period

Stochastic
%k / sp / %d

TSI
short period / long period

Two Expected Moving Averages
EMA1 / EMA2

Two Moving Averages
MA1 / MA2

Williams %R
period

If any or all answers are listed elsewhere in the forums please let us know as I gave up trying to find them. Any ideas and input is welcome!


try them all ...............thats how you really learn to trade and what is (or is not) important

N
__________________
Trading Forex strengthmeters for over 14 years and happy to help ! What is a Forex Strengthmeter ? http://www.trade2win.com/boards/fore...rs-basics.html The FXCorrelator - All my Indicators & simple systems http://www.trade2win.com/boards/fore...ml#post2197030My Profile - http://www.trade2win.com/articles/19...er-profile-nvp
NVP is offline Coach/Trainer   Reply With Quote
Old Jul 24, 2012, 6:58pm   #12
 
BataviaTrader's Avatar
Joined Jun 2011
Re: Best Indicators For Scalping

Quote:
Originally Posted by NVP View Post
try them all ...............thats how you really learn to trade and what is (or is not) important

N
yeach agree, sometimes when bored I clutter up my screen to see what indicators look like when they are all mixed up just for the hell of it. Then I end up with what looks like a massive Picasso painting / modern art / aggressive chart-porn. Sometimes, trading must be fun too man.
BataviaTrader is offline   Reply With Quote
Old Nov 13, 2012, 1:54pm   #13
Joined Oct 2012
Re: Best Indicators For Scalping

No indicator training is what you need.
Armory is offline   Reply With Quote
Reply

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Similar Threads
Thread Thread Starter Forum Replies Last Post
good scalping indicators Christiaan Discretionary Trading 9 Mar 16, 2011 2:59pm
Leading Indicators as Opposed to Lagging Indicators Trader333 Technical Analysis 83 Nov 7, 2010 7:04pm
Scalping superfly Discretionary Trading 3 Dec 23, 2009 1:34am
Technical Indicators vs. Standard Indicators shaltrade Trading Software 2 Aug 25, 2008 12:23pm
Scalping Faris Forex 5 Jan 22, 2004 6:26pm

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)