As a Professional market analyst, I build effective trading strategies using techniques such as indicator divergences, multi-time frame analysis, indicator combinations, and rigorous backtesting.| Liberated Stock Trader
The Ichimoku test results are a dismal 10% win rate, underperforming a buy-and-hold strategy 90% of the time. The Ichimoku indicator is a poor choice for traders.| Liberated Stock Trader
Ultimately, for 95% of speculators, day trading is not worth it. Although day traders can make significant money quickly, statistics show that most day traders lose money. Over a six-month period excessive commissions, poor trading decisions, weak strategies, and bad market timing cause losses.| Liberated Stock Trader
The Stochastic Oscillator momentum indicator compares an asset's closing price to a range of its previous prices. It oscillates between 0 and 100; below 20 indicates oversold, and above 80 suggests an overbought market.| Liberated Stock Trader
The Relative Strength Index (RSI) is an oscillating momentum indicator that measures the speed and change of stock price movements. RSI uses a scale from 0 to 100 to indicate overbought or oversold conditions.| Liberated Stock Trader
Our research on 10,400 years of exchange data shows the best day trading indicators are the Price Rate of Change, VWAP, Weighted Moving Average, Hull Moving Average, Simple Moving Average, and RSI.| Liberated Stock Trader
The Hull Moving Average (HMA) is a highly responsive technical analysis indicator designed to reduce lag. Our research reveals it outperforms other moving averages.| Liberated Stock Trader