Using indicators wisely
Indicators are tools, not magic. The useful ones:
- Moving Averages (EMA 20/50/200) — trend direction & dynamic S/R.
- RSI — momentum & overbought/oversold (but strong trends stay "overbought" — don't fade blindly).
- MACD — momentum shifts & divergence.
- ATR — volatility, for sizing stops.
Rule: use 1-2 indicators to CONFIRM price action, never to replace it. Cluttered charts create confusion, not edge.