All right. So I'm gonna answer another question here that was posted in the comments of one of my last videos. The question is if I could only use one indicator, what would it be? Well, fortunately, I'll never be in the situation where I'm only allowed to use one indicator, but if I had to choose my favorite, it would be volume weighted average price V Web I Really feel like this is the one for me that can be the best measure of how extended a stock is and if it's below V-wap and then it comes back up. We know that they can rip through that level so nicely, and then when they're coming back down, they can find support off that level really, really nicely as well.

So volume, weight, average price would be my favorite, but I'm gonna keep using my exponential moving average 9 200 and then the volume and of course the Macd as well.

By Stock Chat

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17 thoughts on “Q: what s your favorite indicator for day trading”
  1. Avataaar/Circle Created with python_avatars David Eymer says:

    20 SMA, 200 SMA, and VWAP are the most reliable. I also use the 9 and 50. SMA asl well. Also RSI is helpful too.

  2. Avataaar/Circle Created with python_avatars All We Do is Twin! says:

    VWAP

  3. Avataaar/Circle Created with python_avatars rtboss royal family says:

    What about the book map platform

  4. Avataaar/Circle Created with python_avatars gerald sellers says:

    MACD

  5. Avataaar/Circle Created with python_avatars Corney1980 says:

    Trading against my customers positions….whoops

  6. Avataaar/Circle Created with python_avatars Nick Burch says:

    VWAP 🙌🏽🔥🔥🔥

  7. Avataaar/Circle Created with python_avatars dnite says:

    💡Video request… can you make a video about needing to dig yourself out of a deep hole?

  8. Avataaar/Circle Created with python_avatars Not Important says:

    nothing beats momentum

  9. Avataaar/Circle Created with python_avatars Y. B. says:

    Same . VWAP , I love it.

  10. Avataaar/Circle Created with python_avatars Yonas Abraha says:

    What type of car do you drive? Am a big fun

  11. Avataaar/Circle Created with python_avatars Lac Tate says:

    THETA 45

  12. Avataaar/Circle Created with python_avatars Sonny Daze says:

    MACD because it gives me a red or green light and the 9 to confirm the entry. Like peanut butter and jelly you can't choose 1, they go hand in hand.

  13. Avataaar/Circle Created with python_avatars JumperThruster says:

    Good afternoon Ross! Ive watched for a while now and I have my normal account as well as trying one trade a day with paper trade for practice, I have managed to bring the paper trade from $3500 to $10k this month with one trade a day! When will I know that the way im trading is a way that will work or if it just been a lucky month or something?

  14. Avataaar/Circle Created with python_avatars Matthew Caskey says:

    Got one I love more, but you have to use it correctly and in a way Noone else has to my knowledge. That is the RSI but I use it in a way no one else does.

  15. Avataaar/Circle Created with python_avatars J G says:

    I am using few 3 or 4 u can definitely
    Catch them in my book that’s coming out soon .😂😂

  16. Avataaar/Circle Created with python_avatars Harry SU says:

    Jim cramer rating invers

  17. Avataaar/Circle Created with python_avatars Jesse James says:

    Jim Cramer

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