Hello!
I would very much appreciate any suggestions on which indicators/oscillators are best for trading index ETFs on the daily time frame. I am trying to capture the major trends long and short with the least amount of false signals or whipsaws. My goal is to make this as simple as possible . Check the indicator/oscillator every evening after work to see if it indicates whether to go long or short, or stay long or short. When the indicator/oscillator signals a change in trend, take the position the next day at the open with either a long or short (inverse) ETF.
Thank you in advance for any suggestions!
I would very much appreciate any suggestions on which indicators/oscillators are best for trading index ETFs on the daily time frame. I am trying to capture the major trends long and short with the least amount of false signals or whipsaws. My goal is to make this as simple as possible . Check the indicator/oscillator every evening after work to see if it indicates whether to go long or short, or stay long or short. When the indicator/oscillator signals a change in trend, take the position the next day at the open with either a long or short (inverse) ETF.
Thank you in advance for any suggestions!