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Bitcoin Forum > Economy > Trading Discussion > If you could use only 1 Tool/Indicator for the rest of your life? which one?
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Author Topic: If you could use only 1 Tool/Indicator for the rest of your life? which one?  (Read 145 times)
Zilon
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February 11, 2023, 01:23:18 PM
 #21
Fibonacci is a nice indicator but the market volatility will not permit me to use just indicators to get the best out of the trend. I have only tried a few indicators which include RSI, SMA and ECDA in which ECDA is my favourite indicator but one thing i don't do is using indicators alone i add  candle stick chart patterns to my indicators and it gives me more advantage.
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February 11, 2023, 02:52:50 PM
 #22
Quote from: ashslm on February 08, 2023, 01:29:50 PM
Me personally would use Fibonacci retracement, how bout you?
Fibonacci is a good tool and if I were to use it, it would help me the the premium and discount levels and the alike , otherwise my trading strategy allows me to trade with a naked chart and I will do this with a smile on my face.
Btw I thought trading these days has moved away from support & resistance, moving averages and all these indicators and traders are more of the ICT and smart money concepts these days Huh
R


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