If you could only use one indicator, which one would you choose?
Let’s assume you have a trade ladder and standard price chart and have the option of adding one indicator to your screen (I use the term indicator loosely as this can range from market breadth ratio, to a moving average, to a stochastic).
My favorite indicators are…
- A Heikin Ashi Candlestick Chart
- The NYSE Tick
- A 20-period EMA
There are countless indicators to choose from…
What indicator would you choose?