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Priyanka
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PriyankaContributor
Asked: September 6, 20212021-09-06T04:05:48+05:30 2021-09-06T04:05:48+05:30In: Swing Trading

What is the Best Indicator for Swing Trading?

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I am working professional, suggest me the best indicator for swing trading.

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    1. Karthik Chandra
      2021-12-02T04:58:43+05:30Added an answer on December 2, 2021 at 4:58 am

      Price action and Moving Averages are the best indicators for swing traders. Few swing traders don’t even follow the fundamentals of the company, they just take positions based on important support and resistance levels.

      Other few indicators that are useful for swing trading are

      • Volume
      • RSI Indicator
      • Stochastic Oscillator

      Using more indicators will definitely make you confused. So stick to one or two indicators that work best for you.

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    2. Sai Krishna
      2022-02-11T18:43:55+05:30Added an answer on February 11, 2022 at 6:43 pm

      I always believe Price Action is the King, here are a few price-action-based stock selection methods for swing trading.

      1. Weekly CPR
      2. Simple Moving Average
      3. Support & Resistance

      These are the most effective and high-accuracy methods for selecting stocks for swing & day trading.

      Few people also use Bollinger bands to select the stocks for swing trading.

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