📊 Advanced indicators worth trying:
- ADX - Average Directional Index: Measures the strength of a trend, not its direction. If it exceeds 25, the trend is strong... Use it to confirm entry and exit decisions.
- CCI - Commodity Channel Index: Reveals price saturation conditions and is used to identify potential reversal points.
- ATR - Average True Range: Measures volatility and helps you accurately set stop-loss levels.
- MFI - Money Flow Index: Combines price and volume to determine buying or selling pressure... Ideal for confirming RSI and MACD signals.
- Chaikin Oscillator: Combines price and volume to identify the internal momentum of the market... A powerful tool for understanding hidden market intentions.
- Accumulation/Distribution Line: Reveals the accumulation or distribution of assets, helping you determine whether the market is building a bullish position or preparing to decline.
🎯 How to use them wisely?
- Combine indicators: Don't rely on just one indicator, but create a smart combination that fits your style.
- Test them on different timeframes: Some indicators perform better in the short term, while others do so in the long term.
- Watch for alignment among them: When multiple indicators give the same signal, your opportunity is stronger and more confident.