Use This NEW Indicator Instead: Stochastic Momentum Index
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- Опубликовано: 29 май 2024
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Today we're going to talk about the Stochastic Momentum Index Indicator for trading and why it's more accurate than the regular stochastic oscillator. I explain how to use it, the best strategy, the best settings, and more.
00:00 Stochastic Indicator Strategy
01:09 More Accurate Stochastic
02:09 Trending Market
03:00 With No Trend
03:35 Best Stochastic Settings
04:14 Adjust This Setting
04:44 EMA Strategy
TAGS:
#trading #tradingview #indicators #indicatorstrading #relativestrengthindex #stocks #options #forex #tradingindicators #fractals #stochastic #stochasticoscillator #tradingtips #tradingstrategy #tradingforex #scalpingstrategy #scalping #crypto
LEGAL DISCLAIMER:
The information and indicators provided are for educational and informational purposes only and should not be construed as financial or investment advice. The trading indicators, strategies, and information provided are intended solely for educational purposes. Trading and investing in financial markets involve a high level of risk, and you may lose all or a portion of your investment. Past performance is not indicative of future results.
949th subscriber here! 😊
Need to do a video on your "Quad Trend RSI" indicator. Looks intriguing as well.
What timeframe(s) is yours most accurate on?
Hey, thanks for the comments. In most cases, I don't think indicators are more or less accurate on any particular time frame, unless you know beforehand that one time frame tends to behave a certain way for a specific security. It mostly depends on how the market is behaving on each time frame. A trend could occur on a lower time frame that is not fully reflected on higher time frames, in that case I would go with the lower time frame for a momentum indicator. Whichever time frame shows the most momentum in one direction will be best for any indicator trying to capture trends. In the future I'll do more videos on analyzing market behavior on different time frames and securities to determine which one would be ideal to trade at a given time.
Con que nombre lo busco en traidingview???
best