Use of indicators

Most commonly used Indicators:

1. BB

Use :
 trending up ( BB is up, price is along upper band)
Trending down(BB is down, price is along lower band)
Reverse: See for cnadlestick pattern of reverse

Squge:
Price is above 200 ma and BB squge price tend to break up and reverse down


Use MACD with BB

Entry:

• BB contracted
• Bandthwidth squeege
• %B>0.5 before break out
• increase volume
• Breaking resistance

or 

• BB contracted
• Bandthwidth squeege
• %B<0.5 before break out
• increase volume
• Breaking support

Indicator need:

BB
BB width squeegee
volume indicator