RSI Indicator: The Best Way to Trade RSI Based on Data
I backtested four RSI indicator trading setups from 1-minute to daily charts across the DJ30 stocks from 1 month to 27 years, equaling over 820 years of testing data. Not all RSI configurations work, but I discovered the most profitable RSI indicator settings.
Parabolic SAR: Is This Indicator Profitable? We Test It!
I backtested seven Parabolic SAR trading setups from 1-minute to daily charts across the DJ30 stocks over 12 years, equaling over 2,880 years of testing data. On standard charts, PSAR is not a profitable trading indicator. But I did discover the most profitable PSAR configuration.
Hull Moving Average: Indicator Performance Test
The Hull moving average is a lesser-known chart indicator, and our testing reveals it outperforms other moving averages. But with only a 17% win rate, using the Hull moving average for trading is not advised due to its poor performance in consolidating markets.
Weighted Moving Averages: Test Data Says Avoid WMAs
The weighted moving average (WMA) is a widely used chart indicator, but our testing reveals it underperforms other moving averages with only a 7% win rate. Using WMA as a trading tool is not advised due to its incredibly poor performance.
Exponential Moving Average: Mythbusting with 960 Years of Data!
The exponential moving average (EMA) is a popular chart indicator considered to be better than the simple moving average. But according to our testing, it performs much worse. I advise against using the EMA as a trading tool as it is inaccurate and can lead to traders losing money.
Simple Moving Average: 960-Year Test Results
The simple moving average is a popular, commonly used chart indicator. The SMA is typically the first indicator beginner traders learn and use, but our testing shows it is an extremely poor trading tool and should be avoided.
5 Best Moving Averages & How to Trade Them Like a...
The 5 best moving averages for traders are the simple, exponential, weighted, exponential weighted, and Hull moving averages. Understanding how to interpret moving averages is a key skill for any trader looking for improved performance.
Elliott Wave Theory: Examples & Reliability Uncovered
Elliott Wave theory has an avid following amongst technical traders, enabling an understanding of market moves in cycles and waves. But wave theory has serious reliability limitations in trading, which means it is unproven and cannot be backtested for accuracy.
Ichimoku Cloud: 600 Years of Data Says Avoid this Indicator
Backtesting the Ichimoku Cloud strategy on the DJ-30 Index stocks over 20 years resulted in 600 years of testing. The results are a dismal 10% win rate underperforming a buy-and-hold strategy 90% of the time. The Ichimoku indicator is a bad choice for traders.
MACD Indicator Reliability Tested: Traders Must Avoid It!
The Moving Average Convergence Divergence (MACD) indicator is one of the most widely used yet poor-performing technical analysis indicators. Traders are misled into believing they can profit from this indicator.
Is the KDJ Indicator Worth It? I Backtest KDJ for 600...
The KDJ indicator can be up to 63% successful if configured correctly. If KDJ is set up poorly, it can cause significant losses and a poor reliability of 5%. Our KDJ testing shows how to use and understand the KDJ indicator.
Rate of Change Indicator: ROC Testing Shows a 66% Success Rate
Backtesting the price rate of change indicator on 30 Dow Jones Industrial Average stocks over 20 years resulted in an impressive 66% win rate outperforming a buy-and-hold strategy. The ROC indicator is a good choice for traders.
Stock Volume: How to Use Volume in Charts to Improve Trading
Stock volume is calculated as the number of stocks traded in a given period. But volume can also indicate changes in a stock's trend direction and provide insight into trend quality.
10 Best Free TradingView Indicators & How To Use Them
The best TradingView indicators are Volume Profile HD, VWAP, Technical Ratings, MOSES, Supertrend, ATR, and automated chart pattern recognition.
Stochastics Indicator: How To Use It & Is It Worth It?
This Simple 4 Point Analysis Explains How To Use The Stochastic Indicator. Is Stochastic Even Worth Using In The Modern Market?
What is RSI in Stocks? 7 Pro Relative Strength Index Tips
RSI is an important stock chart technical indicator that measures the magnitude of recent price changes to help you determine whether a stock is overbought or oversold. It can be used to identify buy and sell points and trend reversals.
Understanding The Advance Decline Line & Market Breadth
What is Market Breadth?
Market breadth is a way of measuring the stock market's moves in general by comparing the number of stocks that rise...
Top 10 Tips For Using Stock Chart Indicators Effectively.
Dear investor, use these rules to using Charting Indicators, and you will be using a wealth of experience that comes only with years of...
Fibonacci Retracement Indicator Made Simple
There are many ardent investors who follower the Fibonacci principles almost religiously across the globe. Indeed, when you take a close look at the...
Know Stock Market Direction with a 200 Day Moving Average Chart
Learn how to use the 200-day moving average properly using these three practical and straightforward rules for success.
Now is an excellent time to set...
Our Best Training & Strategies
Learn How to Invest in Stocks with Professional Training
Start the New Year Right: Learn stock market investing with the complete online stock trading course by Barry D. Moore, a professionally certified financial markets analyst. You will learn stock market fundamentals, stock chart technical analysis, stock screening, and strategy.
MOSES ETF Investing Strategy: Beat The Market & Lower Risk
MOSES is a stock market index ETF investing system designed to help you beat the market's performance by avoiding major stock market crashes. There are five core indicators in the Moses strategy; you can use the best approach to eliminate most losses and compound your investments to beat the market.
Beat the Market: A Proven Growth Stock Strategy
Beat the market with a 9-year proven strategy that finds financially healthy high-growth stocks with a track record of outperformance. This system gives you an investing edge by identifying the 35 best growth stocks to buy now to help you beat the S&P500.
TradingView Review: Is TradingView Worth It In 2023?
This TradingView review finds it is great for traders wanting global coverage of stocks, Fx, and cryptocurrencies. TradingView automatically identifies chart patterns, Elliott Waves, and Candlestick patterns. Excellent backtesting and the world's best trading community make TradingView a great choice for chart traders.
Stock Rover Review 2023: The Best For Smart US Investors!
Our Stock Rover review reveals an excellent stock screening, research, and portfolio tool for long-term US value, income, and growth investors. Easy to use yet incredibly powerful, Stock Rover is the best stock screener available for US investors.
Trade Ideas Review 2023: Scanning & Holly AI Bot Tested
Our Trade Ideas review uncovers an excellent stock scanner, an AI-powered trading signal platform with 30 channels of trading ideas and auto-trading. Three automated Holly AI systems pinpoint trading signals for day traders. Trade Ideas promises and delivers the nirvana of market-beating returns.
TrendSpider Review 2023: We Test If Its The Best?
Trendspider uses AI to plot trendlines, chart patterns, Fibonacci, and even analyzes stocks for you. TrendSpider is unique, reliable, and innovative, but is it the best?
Benzinga Pro Review 2023: Why Smart Traders Love It?
This Benzinga Pro review reveals it is best for traders who want a high-speed actionable real-time news feed at 1/10th of the price of a Bloomberg terminal. Benzinga Pro includes charts, financials, screening, options mentoring, and a powerful calendar suite to get a trading edge.
MetaStock Review 2023: Charting, Backtesting & Xenith Tested
This MetaStock review and test reveal an excellent technical analysis charting platform for traders, with 300+ charts and indicators for stocks, ETFs, bonds & forex globally. Metastock has innovative backtesting and forecasting, and Refinitiv/Xenith provides powerful real-time news and screening.