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Trade idea based off three indicators.


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Trade idea based off three indicators.

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 Drewski1980 
Scottsdale AZ
 
Experience: None
Platform: MT4 and NT
Trading: ES and GC
Posts: 21 since Jun 2020
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This is a trade idea based on three indicators lining up. It uses these indicators: Smitty MTF lageurre RSI and the Smitty MA slope monitor which are in the elite download section, and the other is the squeeze momuntum indicator from NT user app share.

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SunTrader
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Drewski1980 View Post
This is a trade idea based on three indicators lining up. It uses these indicators: Smitty MTF lageurre RSI and the Smitty MA slope monitor which are in the elite download section, and the other is the squeeze momuntum indicator from NT user app share.

If I was going to use any of that I would go with bottom one - Squeeze.

The other two are a bit ambiguous especially the top one - RSI with a lot of noise.

In any case I've found over the years waiting on multiple signals to line up causes one to miss out far too often for my liking.

Though I do look for price, timing, momentum (simple 12 period ROC) and pattern (Elliott Wave or simple trend/retracement/continuation) to line up. Just not multiple indis too.

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