Overwhelmed by technical analysis tools

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This topic has 3 replies, 2 voices, and was last updated 2 weeks ago by Steve.

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July 1, 2024 at 09:28 #182641 Reply
Cashien
Hi, how do you guys find your go-to technical analysis tools? I’m getting overwhelmed by the sheer number of indicators and drawing features available on my platform. Knowing which ones to trust and use and those to simple ignore is driving me nuts. Any guidance would be welcome!

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- July 1, 2024 at 23:03 #182798 Reply
  Christian Harris
  Participant
  My go-to indicators are support and resistance.
  
  I also really like using the Linear Regression Channel. A nice explainer video here: https://www.youtube.com/watch?v=vE1qOiZ53Pk
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- July 2, 2024 at 11:02 #182874 Reply
  James Barra
  Moderator
  DayTrading.com Team
  Hi Cashien,
  
  Thanks for your message. Have you read our guide on day trading indicators? We provide an overview of 10 popular indicators for short-term traders. You will also find links to deep dives on various indicators along with guides on how to use them.
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- March 28, 2025 at 07:23 #198514 Reply
  Steve
  What is your trading system?
  
  If you’re a scalper or day trader then you might want to focus on momentum, volume, and short-term trends. If you’re a swing trader then trend-following indicators and key support/resistance levels are popular.
  
  Try them in a demo and see how you get on.
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