accelerated indicators vs trade duration

  1. 1,786 Posts.
    Hi all

    I'd like to debate the pros and cons of certain indicators, when compared to what trade duration they are using etc.

    EXPERIENCED TRADERS please step up and give us a hand. Please! :-) Any help appreciated and by all means any newbies like me please throw as many questions out there as possible as well.

    I am almost certain this is an underlying fault of many traders, certianly for people like me who have come from "daytrading" and now moving to ST trading. Using a slow stoch on a Daily chart for a daytrade is obviously irrelevant (isn't it?) and vice versa.

    eg arguably using slow stoch 14,3,5 on 1-3day trades is too late, using MACD (usually based on 12, 26, 9) is also too late for very short trades. ie if your trade plan is three days you are working on averaged daya from 12 and 26 days ago (I think)

    However, using accelerated indicators can supply good entry points. I have been trialling RSI 5, MACD no lag (sorry don't know how that is calculated exactly but I'll try to find out and also slow stoch 9,3,5 and accelerated parabolic SAR.

    Proving to be great entry points, but then once in the trade I'm tending to guess the exit point too early.

 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.