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Smallcaps.com OVERLAY INDICATORS |
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Written by Administrator
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Monday, 11 June 2007 |
As all indicators work with the same
dataset from the main chart, a lot of indicators are simply telling the
same things. It's better to group indicators in families, depending on
what they focus on, and only use one of each category. As such, you
shouldn't bother about the vast amount of available indicators, and be
happy with a few that you can use and understand.
Here at
smallcaps.com, we use some overlay indicators (drawn over the main
chart), as well as some below indicators, resulting in an easily
viewable chart that covers the most that indicators have to offer.
Here's what we think is a great usable selection of indicators:
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- Overlays on main chart
- Heikin Ashi Candle Technique
- Parabolic SAR
- Price by volume
- Moving averages
- Draw your own trend lines
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