Technical indicators for spread betting

[sandeeptyagi]

hi,

I am a newbie in spread betting and starting out. I am looking for your opinions and experience which technical indicators works best for you in choosing the bet.

Currently i am using
1. simple moving averages
2. Relative strength (RSI)

I want to use ADX but unable to find it in google finance or yahoo finance.

Can anyone assist me if i can use any free software for ADX technical indicator.

Thanks & regards
Sandeep

 

[moreliver]

ADX sometimes camouflaged by the name DMI. I think ADVFN might have it.

If you're betting on stocks consider a market breadth indicator, New Highs minus New Lows or something, just to gauge the strength of the related index. Good luck.

 

[sandeeptyagi]

Thanks moreliver for your response. I really appreciate it.

I am trying to use as little indicators as possible maximum 3 at a time to look for opportunities. One of them obviously what you suggested new highs / new lows (uptrend / lowtrend), relative strength (RSI) and ADX. I will see how it goes.

Thanks & regards
Sandeep