Which are your favourite indicators?

[Ricky Rk]

I don't see any difference in what indicator a trader uses.
The most important thing is that you can understand it and use it in practice, because we are all different and it will not be possible to create some universal algorithm for trading.

indicators are tools, and their effectiveness depends on how well a trader understands and applies them. Every trader has a unique style, and what works for one might not work for another. The key is adapting strategies to your strengths and consistently practicing them in real market conditions.

 

[Anthonio]

My favorite indicators are moving averages for trend direction, RSI (Relative Strength Index) to spot overbought/oversold conditions, and ATR (Average True Range) for gauging volatility and setting stops. These tools are simple, reliable, and versatile, helping with trend-following, momentum confirmation, and risk management in various market conditions. Always combine them with price action for better insights.

Moving averages are definitely a favorite for most traders. They’re great for spotting trends and keeping things simple.

 

[RainbowRain]

I also like to use the Fibonacci grid in trading. When we apply the Fibonacci grid to a trending movement, we get horizontal lines where the price is likely to stall. Moreover, this indicator doesn't lag or repaint.