📊 +4 Extra Indicators That Give Traders a REAL Edge



6️⃣ Bollinger Bands


What is it?

A volatility indicator made of 3 lines:


  • Middle = moving average


  • Upper/Lower = standard deviation (price range)


  • How to use it:


  • Price hits upper band = possible overbought


  • Price hits lower band = possible oversold


  • Bands squeezing = incoming breakout 💥


  • ✅ Pro Tip: Combine with RSI or MACD for entry confirmation.



7️⃣ Stochastic RSI


What is it?

An RSI of the RSI — it detects momentum shifts before the standard RSI.


How to use it:


  • Above 80 = overbought


  • Below 20 = oversold


  • Crossovers near these zones signal reversals.


  • ✅ Pro Tip: Faster than RSI, great for scalping or swing entries.



8️⃣ Fibonacci Retracement


What is it?

A tool that shows where pullbacks might stop — based on natural market ratios (0.236, 0.382, 0.618, etc.)


How to use it:


  • Draw from swing low to swing high


  • Key zones: 0.382 & 0.618 = golden pockets 💰


  • Look for entry near 0.618 + other confluences (EMA, RSI, support).


  • ✅ Pro Tip: Use Fib levels to set entry zones, stops, and targets.



9️⃣ ADX (Average Directional Index)


What is it?

ADX measures trend strength — NOT direction.


How to use it:


  • ADX > 25 = strong trend


  • ADX < 20 = weak trend or ranging market


  • Combine with price direction to decide trade type (trend-following vs mean reversion).


  • ✅ Pro Tip: High ADX + breakout = explosive move potential 🚀