Information era. We can find any info that is published and shared online easily and it is widely available to anyone. It would not be difficult not to find trading indicator(s) that help you to determine which stock to buy or sell. You just do not know which one is a reliable indicator to trust at all times. Some people say that the more indicators indicate "Now is the time to buy", the higher the probability to turn. I absolutely agree with the statement. I agree that the market is likely turning (hitting the bottom/top) when many indicators show that it is turning, however, it would be wise not to assume that it is going to happen. One of the reasons is that a trend may be turning but it may be a correction of a bull trend instead of the end of a bull trend. This may lead you to a critical error in your trading. Also, some indicators show that it is "BUY", on the other hand, some other indicators show it is "SELL". The use of many indicators can be confusing unless all the indicators show the exact same direction. You need to figure out which indicator is the best indicator in the specific situation you and the market are in. Testing indicators is a MUST thing to do.
My indicator is "TIME PRINCIPLES", which is based on many factors. One of the essential elements is definitely a mathematical sequence like the Fibonacci number. After years of trading loss and time-consuming practice, this theory is the only edge I can rely on and be able to work with. I believe that it is the indicator that tells me it is near the bottom or near the top with certainty. I am having difficulty finding stocks/commodities/crypto which aligns with the theory. The application of the theory is very sophisticated and can be complex. I am confident that it would be easier to be used and allows to me identify stocks/commodities/crypt better in the future. Time is only one thing that governs our life events since it repeats itself to indicate what is going to happen just like the season.
This is the widely accepted trading indicator/testing platform, MetaTrader 4. I primarily use this indicator when I trade FOREX. It allows me to try out not only generally accepted indicators but also different types of indicators some smart people program. I highly doubt that he is willing to sell his absolutely perfect indicator that proved to work. However, I am sure there are some reliable indicators you can study and/or test with. I recommend installing an indicator that has been used, tested, and proven to work in general based on reviews.
