Welcome to Forex-TSD!, one of the largest Forex forums worldwide, where you will be able to find the most complete and reliable Forex information imaginable.
From the list below, select the forum that you want to visit and register to post, as many times you want. It’s absolutely free. Click here for registering on Forex-TSD.
Exclusive Forum
The Exclusive Forum is the only paid section. Once you subscribe, you will get free access to real cutting-edge Trading Systems (automated and not), Indicators, Signals, Articles, etc., that will help and guide you, in ways that you could only imagine, with your Forex trading.
Elite Section
Get access to private discussions, specialized support, indicators and trading systems reported every week.
Advanced Elite Section
For professional traders, trading system developers and any other member who may need to use and/or convert, the most cutting-edge exclusive indicators and trading systems for MT4 and MT5.
i was wondering
about some indicators
like macd,stoch,rsi,cci,etc
what is the point using these on the same chart
all the above show the same thing ,momentum
would be better to use indicators which show diferent things ?
can anyone suggests indicators which show diferent values than momentum ?
i was wondering
about some indicators
like macd,stoch,rsi,cci,etc
what is the point using these on the same chart
all the above show the same thing ,momentum
would be better to use indicators which show diferent things ?
can anyone suggests indicators which show diferent values than momentum ?
It shows momentum calculated on different ways, that's make the difference. Also, bounded/unbounded is another (not tiny) difference.
However correlation between indicators is high as Chande & Kroll demonstrated:
It shows momentum calculated on different ways, that's make the difference. Also, bounded/unbounded is another (not tiny) difference.
However correlation between indicators is high as Chande & Kroll demonstrated:
thanks Linuxser
from the table you posted
it seems that these indicators are corellated and they will show the same signal if you have all of them on your chart
some faster some slower but they will show you the same thing in a diferent way ,
which are the indicators which dont show momentum bu something else
or all the indicators show momentum in different ways?
thanks Linuxser
from the table you posted
it seems that these indicators are corellated and they will show the same signal if you have all of them on your chart
some faster some slower but they will show you the same thing in a diferent way ,
which are the indicators which dont show momentum bu something else
or all the indicators show momentum in different ways?
Trendlines, Fibonacci, Speed Lines, Pivots, SR levels, etc are indicators too.