Learn about advanced technical indicators that provide accurate trade signals and avoid fake signals in this video. The indicators can be used in all markets, and the most appropriate time frames are 5, 15, and 30 minutes. The indicators shown are the Super Bollinger Trend, Zero Lag SMA, and RSI with Self-Adjusting Linear Regression Bands. The video also provides examples of trades using the indicators and tips on adjustments to indicator settings for better results. The video recommends using IC Market for zero spread to help execute reliable trades.
How to Improve Your Trading Signals with Advanced Indicators
Introduction: The Problem with Lag and Fake Signals
As traders, we all know the frustration of opening a trade only to realize that we entered at a poor price due to lagging or fake signals from our technical indicators. In this video, we will explore a solution to this problem by introducing a combination of advanced technical indicators that offer zero lag and accurate trade signals.
The Super Bollinger Trend Indicator: A Comprehensive View of the Market
The Super Bollinger Trend Indicator, created by Zerman, is a combination of two popular technical analysis tools: Bollinger Bands and Super Trend. By combining trend identification with volatility analysis, the Super Bollinger Trend Indicator aims to provide traders with valuable insights into potential trend changes.
Zero Lag SMA Indicator: A More Responsive Signal for Traders
The Zero Lag SMA Indicator, created by Very FID, is an improved version of the traditional Simple Moving Average (SMA) that aims to eliminate the lag inherent in traditional moving averages. The Zero Lag SMA Indicator uses a more sophisticated calculation method that combines the standard SMA with a linear regression based forecasting technique to adjust the moving average and reduce lag, providing more accurate trading signals.
RSI with Self-Adjusting Linear Regression Bands: An All-Purpose Indicator
The RSI with Self-Adjusting Linear Regression Bands, created by Xyerman, is a versatile indicator that can be used to find overbought and oversold areas, identify trends, as well as pullbacks and trends. It consists of the RSI, upper and lower curves, and the middle curve. When the RSI Blue Line crosses the lower curve to the downside, this signals an oversold market, while when the RSI line crosses the upper curve to the upside, this indicates an overbought market.
Using the Indicators Together: How to Get the Most Accurate Trading Signals
In order to get the most accurate trading signals, we can use the indicators together as follows:
For a buy signal to be valid, the price must close above the Zero Lag SMA, indicating an uptrend. The Super Bollinger Trend Indicator must give a Buy Signal, and prior to the Buy Signal, the RSI must be oversold. At the time of the signal, the RSI Blue Line must be below the middle curve.
For a sell signal to be valid, the price must close below the Zero Lag SMA, indicating a downtrend. The Super Bollinger Trend Indicator must give a sell signal, and prior to the sell signal, the RSI must be overbought. At the time of the signal, the RSI line must be above the middle curve.
Conclusion: Using Advanced Indicators and Choosing the Right Broker
By using a combination of advanced technical indicators that offer zero lag and accurate trade signals, traders can improve their trading performance and make consistent profits in any market. It is important to keep in mind that when using these indicators on a short-term timeframe, the stop loss will be very small. Therefore, it is advisable to use a broker that provides zero spread to minimize the chances of hitting the stop loss.