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.