What's the Best Indices Trend Indicator?
The best indices trend indicator is the Moving Average indicator.
The Moving Average indicator is used to determine the average direction of stock indices prices. Traders can use the two moving averages to determine the indices trend of the stock indices prices.
Using two moving averages to determine the direction of stock indices prices is known as trading using the Moving Average Crossover Indices Trading System.
The Moving Average crossover indices trading systems uses 2 moving average one with a longer time period and one with a shorter time period.
Stock indices signals are generated when two moving averages cross over each other and start heading in a particular direction either upwards or downward.
To define a indices trend using this Moving average indices trading crossover indices system both moving averages have to be heading in same direction.
For example for an upward indices trend both moving averages have to be moving upwards and for a downward indices trend both moving averages have to be moving down. If both moving averages are not moving in one direction together or both moving averages are moving sideways then it is best to wait on the sidelines before opening a new indices trade.
Indices trades should only be opened once both moving averages begin moving in one particular direction - downwards or upwards.
Moving Average Technical Indicator
What's the Best Indices Trend Indicator? - Best Indices Trend Indicator for Indices Trading
Moving Average Crossover Indices Trading System
What's the Best Indices Trend Indicator? - Indices Indicators for Indices Trend Trading