📊 +4 additional indicators give traders a real edge
6️⃣ Bollinger Bands
What is it?
An indicator that measures price volatility and consists of 3 lines:
Middle line = Moving average
Upper/Lower line = Standard deviation (price range)
How to use:
Price reaching the upper line = Probability of overbought
Price reaching the lower line = Probability of oversold
Narrowing bands = Upcoming price explosion 💥
✅ Pro Tip: Combining it with RSI or MACD gives confirmed entry signals.
7️⃣ Stochastic RSI (Stochastic RSI)
What is it?
An improved version of RSI — reveals momentum changes before the regular RSI.
How to use:
Above 80 = Overbought
Below 20 = Oversold
Crossovers near these areas = Reversal signals.
✅ Pro Tip: Faster than RSI, excellent for scalping or quick entries.
8️⃣ Fibonacci Retracement
What is it?
A tool that shows where corrections may end — based on natural ratios in the market (0.236, 0.382, 0.618, etc.).
How to use:
Draw from the bottom to the top (or vice versa)
Key areas: 0.382 and 0.618 = Golden pocket 💰
Look for entry areas near 0.618 + other indicators like (EMA, RSI, support).
✅ Pro Tip: Use Fibonacci levels to determine entry areas, stop loss, and targets.
9️⃣ ADX (Average Directional Index)
What is it?
An indicator that measures the strength of a trend only — it does not determine the direction itself.
How to use:
ADX > 25 = Strong trend
ADX < 20 = Weak trend or sideways market
Combining it with the price direction determines the type of trade (Directional or Reversal)
✅ Pro Tip: High ADX + Breakout = Potential explosive move 🚀