The best technical indicators for day traders are the RSI, Williams Percent Range and MACD. These measurements show overbought/oversold levels on a chart and can help predict where a price is likely to go next, based off of past performance.
Which indicator is most useful?
Best trading indicatorsStochastic oscillator.Moving average convergence divergence (MACD)Bollinger bands.Relative strength index (RSI)Fibonacci retracement.Ichimoku cloud.Standard deviation.Average directional index. •4 Jun 2019
Which is the best technical indicator for intraday trading?
Momentum traders consider MACD as one of the most reliable and best indicators for intraday trading. This indicator provides information on trend direction, momentum, and duration. The MACD indicator is based on the convergence and divergence of two moving averages.