Hi all,
After 4 weeks of sorting out my account I am now ready to take the plunge tomorrow morning. I currently use e signal for charting/data and have been playing around with many indicators in as many time frames to get a feel for the best TA signals. The indicators I am using are :-
Candlesticks
Bollinger Bands
Moving Average
MACD
Stochastic
RSI
Money Flow
ADX
Pivots
Just out of interest for day trading the FTSE future purposes what timeframes does anyone recommend on the above indicators. Now I'm well aware that everyone has their own unique style of trading but I have been testing 1,3, and 5 minute charts. I have noticed that 5 minute charts work best in with higher volatility and 1 minute charts work best in low volatility.
Any thoughts or comments would be greatly appreciated. Oh if you think I may have missed a TA indicator that any of you out find useful for picking strengths/weaknesses in the market then feel free to contribute.
Cheers
FTSEBOY
After 4 weeks of sorting out my account I am now ready to take the plunge tomorrow morning. I currently use e signal for charting/data and have been playing around with many indicators in as many time frames to get a feel for the best TA signals. The indicators I am using are :-
Candlesticks
Bollinger Bands
Moving Average
MACD
Stochastic
RSI
Money Flow
ADX
Pivots
Just out of interest for day trading the FTSE future purposes what timeframes does anyone recommend on the above indicators. Now I'm well aware that everyone has their own unique style of trading but I have been testing 1,3, and 5 minute charts. I have noticed that 5 minute charts work best in with higher volatility and 1 minute charts work best in low volatility.
Any thoughts or comments would be greatly appreciated. Oh if you think I may have missed a TA indicator that any of you out find useful for picking strengths/weaknesses in the market then feel free to contribute.
Cheers
FTSEBOY