#writetoearn
Most Common Indicator Settings
1. Moving Average (MA)
Settings:
MA(7), MA(25), MA(99)
Use: Shows price trends (short, medium, long-term)
2. Relative Strength Index (RSI)
Settings:
Period: 14
Use: Detects overbought/oversold zones
RSI > 70 = Overbought
RSI < 30 = Oversold
3. MACD (Moving Average Convergence Divergence)
Settings:
Fast EMA: 12
Slow EMA: 26
Signal: 9
Use: Momentum and trend reversal signals
4. Bollinger Bands
Settings:
Period: 20
StdDev: 2
Use: Measures market volatility
5. Volume
Use: Confirms strength of price movement