What indicators work best for the emini's

• 03/08/2020 at 10:47 PM #121501
  Tradingrob

  Hi all,

  We have seen considerable fluctuations on the US stock exchanges such as the S & P / Dow / Nasdaq in recent days. Now the question is with which indicators could we have seen this sharp fall best? What do you think are the top 5 very best indicators of ProRealCode here that are best suitable for seeing this price fall ahead in advance?

  Greetings,

  Rob

  

  Tradingrob

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  03/08/2020 at 11:18 PM #121508
  Vonasi

  Reading the news and having a lot of experience of how markets respond to big news is your best indicator and we are still all always behind the curve on this one. None of the indicators written so far have experienced this particular bit of news at this particular moment in time and so past performance is irrelevant.

  We base our feelings on what is a good indicator on how they performed in the past with a certain setting and then they will always perform worse in the future because the future will always surprise us by being different to the past.

  

  Vonasi

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  03/13/2020 at 1:29 PM #122063
  Tradingrob

  Vonassi and Nicolas,

  Yess.. it is true that not everything can be predicted. With TA we try to distinguish between ‘what is’ and ‘what should have been’.

  Let us try together to make a list of the best indicators to catch the upward signal at an early stage.

  I myself come to the indicators below. Complete my list with better/accurate onces, or if a few need to be added.

  Then that list will be our ‘compass/guideline’  for the new opportunities that will come at the horizon .. and those times will return ..

  My selection of Indicators to catch the new upward trend of the indices soon, so we don’t miss it: thats broader than just emini, i know.

   

  Indicators that catch early the new upward trend:

  Price ROC

  Bollinger Bands (20)

  Bollinger Bands (120)

  RSI (14) ; look for positive divergence

  Shoulder-Head-Shoulder formations + triangles

  SMA (20)

  SMA (120)

  MACD

  ADX

  Greetings,

  Rob

  

  Tradingrob

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  03/13/2020 at 4:29 PM #122076
  Vonasi

  Perhaps which indicator provides the least false signals would be a better question…. but then everyone’s idea of what exactly a false signal is is different. To some getting in 5% before a market bottom would be an acceptable signal and to others that would be a false signal and only a signal 1% from a market bottom would be an acceptable signal. Before anyone starts any analysis what is a good signal and what is a bad signal must be defined exactly.

  

  Vonasi

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