Chart Indicators: Analysed & Tested

Chart indicators are tools traders use to predict the future direction of a stock’s price more accurately. They are used to analyze historical data and trends, such as price, volume, and momentum, so traders can decide which stocks to buy or sell.

Our articles provide a unique analysis of the reliability, success rates, and how to trade the most important stock chart indicators.

Chart indicators can be used to identify entry and exit points in the markets, as well as to measure potential rewards versus risks. With chart indicators, traders can better assess when to enter or exit a position more confidently.

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.

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.

Parabolic SAR Indicator: Strategy Test on 2,880 Years of Data

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.

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.

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.

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.

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.

Our Best Training & Strategies

Liberated Stock Trader Pro: Learn Stock Market Investing

Learn stock market investing with the complete online stock trading course by Barry D. Moore, a certified financial analyst from the International Federation of Technical Analysts (IFTA).

ETF Investing Strategy: MOSES Improves Performance & Lowers Risk

The MOSES ETF investing strategy is a powerful suite of indicators meticulously backtested over 100 years. Designed to empower you to outperform the market, it equips you with the tools to navigate major stock market crashes and unlock greater investing performance.

Our Strategy Beat the Stock Market’s S&P 500 By 102% In...

Decades of research and testing unveiled the Liberated Stock Trader Beat the Market System. Our 9-year, backtested, and proven strategy targets 35 financially healthy high-growth stocks, producing a track record of beating the S&P 500 by 102%.

TradingView Review 2023: Free vs. Pro. Is it Worth it?

Our detailed testing rates TradingView 4.8/5 stars due to its robust stock chart analysis, pattern recognition, screening, and backtesting. TradingView is our top recommendation for US and international traders.

Stock Rover Review 2023: Is It The Best Stock Screener?

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 AI Trading Bot Test & Review 2023

Our Trade Ideas review testing shows its stock scanner and proven Holly AI algorithms are the most advanced and trustworthy auto-trading software available to day traders.

TrendSpider Review 2023: Hands-On Test! Is It The Best?

Trendspider uses AI to recognize trendlines, chart patterns, and Fibonacci, and it even analyzes stocks for traders. TrendSpider is unique, reliable, and innovative.

Benzinga Pro Review 2023: Hands-On News & Charts Test

Our Benzinga Pro review reveals trustworthy, dependable, real-time news, alerts, insider block trade, and options activity signals for US stock traders. Benzinga Pro is highly configurable, responsive, and easy to use while beating its competitors on price.

MetaStock Review 2023: Charts & Analysis Fully Tested!

Our MetaStock review testing reveals powerful charting, system backtesting, forecasting, and Xenith real-time financial news for traders. MetaStock has unbeatable charts, indicators, and drawing tools, but it needs to be a little easier to use.