Your opinion needed - Regarding my choice of indicators
Posted: Fri Sep 25, 2009 1:08 pm
Hello all,
I am considering trading on daily charts. For this purpose i am planning to use Stochastics Oscillator(default settings) for entry signals and ADX(default settings) for trend confirmation. Is it correct to use these indicator for the above purpose? If not can you suggest any alternative?
Your inputs much appreciated
Thanking you
I am considering trading on daily charts. For this purpose i am planning to use Stochastics Oscillator(default settings) for entry signals and ADX(default settings) for trend confirmation. Is it correct to use these indicator for the above purpose? If not can you suggest any alternative?
Your inputs much appreciated
Thanking you