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/biz/ - Business & Finance

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8177819 No.8177819 [Reply] [Original]

What is /biz/'s favourite indicator(s) when daytrading?

For me, it's RSI. Have a bot that alerts me when it's below 10 on the 5min and 60min chart at the same time, and after looking at the market briefly, I'll usually buy as soon as I see the price going up (I won't buy if there's some major bad news etc.).
Strategy works more often than it doesn't, but the stress is real.

>> No.8177853

this board is pathetic, and a failure

>> No.8177864
File: 87 KB, 1063x748, 2018-03-07-051032_1063x748_scrot.png [View same] [iqdb] [saucenao] [google]
8177864

>> No.8177873

>>8177853
>calls the board a pathetic failure
>doesn't contribute with his own indicator
You really are a faggot aren't you?

>> No.8177989
File: 7 KB, 393x262, The_Crypto_Trader.jpg [View same] [iqdb] [saucenao] [google]
8177989

RSI is the only one I use. But you don't need indicators for daytrading anon, they are retail memes.

>> No.8178135

>>8177864
also the chart data is wrong in that screenshot, incase anyone was trying to take it seriously.

>> No.8178221

>>8177873
Your FSI is on point my man.

>> No.8178239

>>8178221
Faggot Strength Index?

>> No.8178265

TDI

>> No.8178284

shit strategy, lmao

>> No.8178325
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8178325

>>8177819
i usually use RSI with tend lines, MACD, ADX with DI+DI-, keltner channels , OBV and a few others i dont remember

but what s3ems to work best is RSI with support and resistance lines...since everybody is using them...the price follows that pattern...except when a fucking whale comes in and shits a huge s3ll wall...when i see a sell wall i immediatly sell and wait for the whale to do its job...then enter back with profits

>> No.8178338

RSI vs Stoch RSI?

>> No.8178350

>>8178338
its the same except stochrsi uses min max from a period and gives you a ratio...

>> No.8178397

>>8178325

Listen to this man

>> No.8178500

When biz tells to buy i sell
when biz is AAAAAA i buy

>> No.8178520

>>8178325
how to use rsi?

>> No.8178637

While on the matter, are there any recommended graph programs you guys use or you stick to whatever the exchange offers? I find Binance's a bit clunky at times.

>> No.8179125

>>8178637

TradingView

>> No.8179385

>>8177819
Thanks for saving my oc op

>> No.8179811
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8179811

>>8179385