question -->Best setting for these indicators for intraday n delivery both.

Answer to this Question By Community
Posted by Admin Posted on: 10-Feb-2015	Hi Sagar, Question is very good but does not have a simple answer. It depends a lot on stock, their volatility, their behavior over a period of time. Every stock is different and hence their setting is also different. There is no magic setting, people who use intraday with generally work on some fixed number of stocks and continuously study their movement and accordingly tune indicator or setting. Default setting are the one which are tried and tested over a period of time, and has high probability of being good. I could start writing about intraday setting with example which could easily go over few hundred pages but will still be not complete. One other option is to sit with a expert trader be an assistant to them to learn in live market. Thanks Site Admin
Posted by Sagarocks432 Posted on: 09-Feb-2015	Sir thanks for answering but i mean what numerical value i have to put in them. eg. for stochastic (14,3,3) is set by default. So i want to know which value will suit for delivery n intraday for all indicators that i mentioned above. i.e. Stochastic,Macd ,Bollinger band,RSI, ADx V.sagar
Posted by Admin Posted on: 08-Feb-2015	Hi Sagarocks, To me most important indicator after price is volume. An extreme oversold indicator with huge volume means further fall is possible stay away , wait for long position. Oversold with feeble volume means long position is a good option. Prices moves in trend. Thats what MACD /ADX indicates. So when you see Rising RSI after steep fall, there would be chances that MACD/ADX also supports. That is a good setup. With volume even better. Retracing from a important Fibonacci level should give you more confidence. Last but not the least, trendline. Look for previous support and resistance level. If Indicator gives you signal when a trend line is broken or retraced from then you can go little aggressive. For intraday pivot points should also be considered. Bottom line , take a indicator and get confirmation from at least one more. Adding more that four will leave you confused. Cheers Thanks Site Admin