Ranking of Stock Market Indicators for Trading

Rank Indicator Data Used % Recommendation Trading Type Advantages Disadvantages Suitable Markets Lagging/Leading Best Combination
1 RSI Closing Price 92% Intraday, Swing Easy to read, detects overbought/oversold False signals in strong trends Stocks, Forex, Crypto Leading RSI + Support/Resistance
2 Moving Average (SMA/EMA) Closing Price, Volume 90% Intraday, Swing, Long-term Efficient trend following Significant lag Stocks, Indices, Crypto Lagging EMA + MACD
3 MACD Moving Averages 87% Swing, Long-term Very robust for trend confirmation Weak in ranging markets Stocks, Forex Lagging MACD + RSI
4 Bollinger Bands Closing Price, Standard Deviation 85% Intraday, Swing Detects volatility entries Less effective in strong trends Stocks, Crypto Leading Bollinger + RSI
5 Support and Resistance Historical Highs/Lows 82% Intraday, Swing, Long-term Essential price action basis Subjective interpretation Stocks, Forex, Crypto Leading S/R + RSI or MACD
6 Volume Trade Volume 80% Intraday, Swing Confirms strength of movements Non-predictive alone Stocks, Futures Lagging Volume + VWAP
7 Fibonacci Retracements Highs and Lows Prices 77% Swing, Long-term Natural correction levels Does not predict direction Stocks, Forex, Crypto Leading Fib + RSI
8 Stochastic Oscillator Closing Price, Highs/Lows 74% Intraday, Swing Very good in ranging markets Generates many false signals Stocks, Forex Leading Stochastic + Bollinger
9 VWAP Price, Volume 70% Intraday Shows equilibrium price Ineffective outside active sessions Stocks, Futures Lagging VWAP + Volume
10 ATR Highs/Lows, Closes 68% Intraday, Swing Measures volatility for stop-losses Does not predict direction Stocks, Futures, Crypto Lagging ATR + RSI
11 Ichimoku Cloud Closing Price, Moving Averages 65% Swing, Long-term Complete system (trend, signal, support) High learning curve Forex, Indices, Stocks Lagging Ichimoku + RSI
12 OBV (On Balance Volume) Volume and Closing Price 60% Swing, Long-term Confirms major trends Sensitive to gaps Stocks, Crypto Lagging OBV + EMA
13 ADX Closing Price, Highs/Lows 58% Swing, Long-term Measures trend strength Does not predict direction Stocks, Forex Lagging ADX + MACD
14 CCI Closing Price, Moving Averages 55% Intraday, Swing Detects extremes quickly Prone to false signals Forex, Stocks Leading CCI + SMA
15 Chaikin Money Flow (CMF) Price, Volume 50% Intraday, Swing Detects buying/selling pressure Unreliable with low volumes Stocks, Forex Leading CMF + VWAP