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Indicators act similar to one another. But my favorite choice is the Stochastic; although I also check the RSI, CCI, and OsMA. My preference lies on the spot divergences rather than the overbought or oversold. It will help a lot when you know you’re in a trending or sideway market. Trending is a one-way direction; while sideway has no direction. In a trending market, you may get killed when you’re using oscillators or making a killing in a sideways environment. You can decide on which of the two you want to happen—just make sure you know what market you’re in.

Author: CzarinaCleopatra

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