A combination of one of the other can help find other points of view on price movements. This design can also create indicator "complement each other". This kind of thing commonly referred to as "trading systems". For example, a moving average which is basically equipped with lines the trend Stochastic Oscillator indicator to determine when to buy or sell.
In this document, you will see examples of use of indicators are used in combination with other indicators. This article does not discuss lot, which will be discussed that the system simple and popular as a base for the construction of trading systems.
Usually, traders of combine two or three different indicators in your trading system. The decision to buy or sell when the three indicators have been "confirmed" the same signal.
Well, without the width, we began our adventure.
1. the usage model
It is a very simple system. Just recognize trends that seem to predict plus further price movement. Of course, to be able to recognize the emergence of a model, should play the exercise so that more observation observer.
2. of Fibonacci + price/candle pattern
This technique can be said quite simply. All you need is the trend line and a little help from Fibonacci retracement and a little help from candlestick model or price.
This system is based on trends. Therefore, it is of course that a good understanding of the same trend is absolutely necessary. This system also uses a strategy that relies on retracement Fibonacci level rebound commercial reference.
First of all, you have to do is determine the trend. The next step, draw the Fibonaci retracement based on the last swing you can see in the chart. Then, note the reference in the field of Fibonacci retracement, i.e., 38.2%, 50% and 61.8%.
Then look for the bounce in the area of reference that Fibonacci said. Confirm that you can use is the template or candlesticks.
It must therefore wait for removal of reference of Fibonacci promptly and watch if there is confirmation of a bullish/bearish trend. Model-to-model can be candlestick (star of the morning/night, overwhelm, etc) or a model of price as a superior double, double bottom and others.
3 Stochastic Oscillator Fibonacci retracement + CCI +
Even with the Fibonacci retracement, but this time we will combine to stochastic and ITC. Its use is also very easy. Expect us that there is a setback in the short term for the region and ICC and Fibonacci pending the purchase/sale of the underlying stochastic signals. Signals that emerge from these two indicators are to get a confirmation of signal strong.
Above trading systems are just a few examples that you can use. You can experiment to integrate some indicators to be systems that adapt to their style of negotiation of trade.
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