4 Best trading indicators for 4-hour charts
Categories- Timeframe 🕑1-Hour, 4-Hour and DailyComplexity Level 🧑BeginnerPros 👍Easy To Interpret & Effective For Identifying ReversalsCons 👎Can Remain In Overbought/Oversold Conditions During Strong Trends
- Timeframe 🕑15-Minute, 1-Hour and 4-HourComplexity Level 🧑BeginnerPros 👍Similar To Stochastic & Effective For Identifying ReversalsCons 👎Can Remain At Extreme Levels During Strong Trends
- Timeframe 🕑1-Hour, 4-Hour and DailyComplexity Level 🧑IntermediatePros 👍Provides Clear Entry/Exit Signals & Works Well In Trending MarketsCons 👎Prone To Whipsaws In Ranging Markets
- Timeframe 🕑4-Hour & DailyComplexity Level 🧑AdvancedPros 👍Combines Multiple Moving Averages & Visual Representation Of Market TrendsCons 👎Complex For Beginners & Prone To False Signals In Choppy Markets
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Facts about Best trading indicators for 4-hour charts
- Relative Strength Index (RSI)
- The recommended timeframes for using Relative Strength Index (RSI) are 1-Hour,4-Hour..
- The complexity level of Relative Strength Index (RSI) is Beginner.
- Williams %R
- The recommended timeframes for using Williams %R are 15-Minute,1-Hour..
- The complexity level of Williams %R is Beginner.
- Parabolic SAR
- The recommended timeframes for using Parabolic SAR are 1-Hour,4-Hour..
- The complexity level of Parabolic SAR is Intermediate.
- Alligator Indicator
- The recommended timeframes for using Alligator Indicator are 4-Hour,Daily..
- The complexity level of Alligator Indicator is Advanced.