Top 5 Indicators for Intraday Trading | Best Indicators for Trading in Stock Market

[00:03] tell you about my five favorite indicators. If you want to use those five indicators from today, you definitely can, because they will increase your trading accuracy. These five indicators are giving me results and will

[00:16] definitely give you results too. Now, many of you might say, "Sir, we've already learned price action. Price action is a leading indicator, and most indicators follow price." But I'll tell you one thing: sometimes

[00:28] our view isn't correct. If the view isn't correct, you might miss a big opportunity or even incur losses. But indicators losses. But indicators

[00:43] indicators I use myself. I'll explain them one by one, explaining what this is, and what we'll do,

[00:56] one by one. Now let's take an indicator. First of all, you're looking at this from yesterday. What's the benefit of learning in sequence? The chart you saw in the last video is still there. We told you

[01:08] still there. We told you that the price took support at the pivot point and how far it would go from the support, which is its next resistance. Okay, so the price tried its best to go near the resistance. Now, you've

[01:21] explained support, resistance, and price action. Now we're talking about an indicator. This indicator that I've taken is Superdent. First of all, I had you change the settings of Superdent. The First of all, I had you change the settings of Superdent. The

[01:35] factor of two. It's a little fast, and you'll get better results. Now let's understand how to trade with Super Trend. We have to understand five indicators in a single video, so I'll keep it a little fast. This video is available online,

[01:48] so you can watch it many times. It's available, take the time to watch it. You'll enjoy it a lot. I told you in the beginning that trend is your friend. Trade with the trend. Do n't make the mistake of trading against the trend. So, Super Trend tells you at a glance

[02:05] which trend is going on. It follows the price. If the price makes lower highs, it will show you that a down trend has come, and if it makes higher highs, it will show that a trend has come. Simple, now you have to follow the trend,

[02:19] not trade against the trend. Trading with the trend can make big profits. Now let's assume you thought on this candle, brother, I see on this candle that Super Trend has given a signal that a down trend has started. Sir,

[02:32] when is the entry? You can take entry in the next candle. What you have to look for in this candle is that the low of the previous candle has been broken. As soon as the low breaks, you get confirmation of entry. You can check the second volume. Now you have confirmation

[02:47] of entry. What is your stop loss? Stop loss will automatically become a super trend for you. This super trend is not changing, that is, until the trend is not changing. If you see a down here The trend is continuing, a downtrend is going on, and that's

[03:00] fine. You know, as long as the trend is n't changing. After the trend changes, your stop-loss is hit, and you should exit. But if the trend isn't changing, then just look at the supertrend. You can make big profits. Right now, we've

[03:16] forgotten support and resistance for 1 minute. We've forgotten what we learned earlier. If you understand each and every one, you can make money by following any concept. Now, can make money by following any concept. Now, big money is made from a supertrend when

[03:29] you see the market moving in one direction. When is money not made in a supertrend? When the market goes sideways, you'll see that the trend is changing very quickly. see that the trend is changing very quickly.

[03:42] you can still incur losses. Let me show you an example here. If I come to 1 minute instead of 5 minutes, you shouldn't trade on 1 minute. But if you look at 1 minute, look, here you were in an uptrend, but there was no profit,

[03:55] little uptrend came, okay, there was a little profit, so for a short timeframe. You should not look at frames. The bigger the time frame, the more the accuracy. Suppose you look at a 15-minute time frame, then in 15 minutes you can find big trends. The

[04:10] 15 minutes you can find big trends. The advantage of staying with the trend is that you can get big profits. But for intraday, I would suggest you a 5-minute if you do intraday trades, then I myself look at the 5-minute time frame, so you

[04:23] can also follow the 5-minute time frame, and then 15 minutes for better accuracy. Now you traded according to the down trend. If I look at it according to the up trend and if we look here, then you can say that here the super trend told you

[04:40] that brother, the trend has changed. Now how will you enter? You will wait for its high to be broken in the next candle. Now, until the trend is not changing, this is basically what you are seeing. The super trend line itself is a stop loss. So,

[04:53] until the trend is not changing, you remain in place. You remain in place. The trend does not change. So as long as you were in, you would have made big profits. When the trend changed, you made a big profit. Simple Super Trend. But should you

[05:09] trade only with Super Trend? The answer is no because you should know a lot more. So this was just about trading with Super Trend. I will take each indicator separately. Then you can also create your own strategy by combining indicators.

[05:23] And I will tell you about one such special strategy which I myself follow later in this series. Okay, so this was Super Trend. Now I will remove Super Trend. So that you do not get confused, now let's come to the other

[05:37] indicator which I use and that is Moving Averages Convergence Divergence. In short form it is called MACD. Some people also say MACD. So now people also say MACD. So now what is this MACD? Now the meaning of this MD. You are

[05:53] looking at Moving Averages here. In short, let me explain it to you. It will be fun. Now you will understand MACD. you see two lines: a blue line and a red line. The concept is quite clear: whenever the blue line intersects the red line from below, a buying

[06:09] signal is generated. And when the blue line intersects the red line from above, a selling signal is generated. Now, within the MCD, you can see one more thing. Here, you can see the histogram. If you see the volume increasing, like the green line is

[06:23] increasing, then this is even better. The more volume you see here, the more chances there are that the price will rise faster. And the more red volume you see here, this tells you that the price will

[06:36] fall faster. Within this, you also have to look for divergence. If the volume is continuously decreasing, then what does it mean? That the price can rise from here. And if you see the volume continuously decreasing, then the price can fall. Now, this

[06:50] was above the MCD. Again, the larger the time frame you use, the better. If I use it here instead of 5 minutes. I'm looking at 15 minutes. So, within 15 minutes, if I

[07:02] see a crossover here, you can see that the blue line crosses the red line from above. So, you can see that the price is going down. The larger the time frame, the better for you. Now, I'd like to tell you one more thing here.

[07:16] because I cover five indicators in one video. But if you want I've also made a detailed video. The link is on the i button, you can go and watch it. Now, also need to tell you about a third indicator. Your time is very important. So,

[07:31] basically, you have to look at the MSCD. If you see a crossover, the blue line crossing from above, then a selling signal is being generated. If you look from here again, you'll see that the volume is shrinking and going upwards.

[07:45] If this blue line crosses from here again, then a buying signal will be generated. One more important thing in this is that This is that basically if you see this crossover, like the blue line cuts from above, then this zero which was above the base line, there is a

[08:00] zero line here, if it was above the base line then it is a stronger selling signal and if buying comes above your zero line then it is a stronger buying signal, just this much understanding is enough for you in MSCD, now there is a

[08:17] third indicator which I use and that is WP, now you are seeing this, WP is a blue colored line, generally whenever you see my chart open, you will always see this blue colored line, brother, you should understand that the price keeps

[08:32] moving around it and WP means moving around it and WP means Volume Weighted Average Price, so the price starts coming near an average and it comes out according to the volume, so now

[08:45] if some people ask what setting should be kept for MSCD, you do not have to change the setting, you should trade on the default setting only, here I trade on the default, so on the fast line you will see 12, you will see 26, here you will get the signal The line that

[08:58] you see is nine. You can basically trade this 12, 26, 9, this is the default setting. I trade by default. Now let's go to VWP. Now VWP is

[09:10] VWP. Now VWP is basically calculated for you. basically calculated for you. Look, the price tries to get closer to its average. Look, the price tries to get closer to its average. So if my VWP is here, the

[09:22] price has gone too far away from the web. It will try to get back closer to the web. It will go below the web, it will try to come up, it will go down, it will try to come up, it may

[09:37] get closer to the web. Now, if it has gone too far and there is continuous selling in the market, even then I will be afraid. Why would I be afraid that the price will

[09:49] try to bounce back. And even if it is breaking down, it is possible that some operators in the market. So, if VWP is too far away, you see, the price has fallen too much. Let's

[10:05] understand support and resistance. Everything is fine, but Still, I can't sell too far below the V-Weep. The price was above the V-Weep, and I could have sold. If you're thinking that the price has gone too far below the V-Weep, selling is

[10:20] n't right now. According to me, I'm explaining this in terms of the V-Weep. Every indicator has its own importance. The V-Weep tells you when to buy or sell, and when to buy. Now, if the price goes too far above the V-Weep,

[10:35] the chances of the V-Weep falling below it are very high. Because it has already gone too far below the V-Weep, if the price tries to bounce back from here, a candle forms, and then a candle forms again, what will it do? Try to

[10:48] reach the V-Weep. For a minute, Automatic Support and Resistance are plotted. We've covered all that in Support Trading. You might have a lot of things going on in your mind, but right now, just understand the importance of one indicator.

[11:04] What is the importance of one indicator? The price will try to come near the V-web, which it does which it does every day. You will generally see this. The price will go above the V-web, trying to come near the V-web. The price will go up,

[11:21] trying to come near the V-web. The price will go up, there is no doubt that it will go up, but it will try to come down. If the trend seems to be changing, for example, here. If I use your combination, I will

[11:39] first of all, I cannot trade against the trend. If continuously, depending on here, I trade on the 5-minute time. Now, on the 5-minute time, you can see problem, what is that, the settings may have gone to default. I change the settings here to the same ones that I have, it becomes a

[11:55] little faster, as I told you. So, see, this up I told you. So, see, this up trend has come, if the trend is changing. First of all, as long as the down trend is going on, I cannot enter. Sorry, that means even if the

[12:09] V-web is up, I can trade against the trend. If the trend is changing and I see that the V-wrap is sitting above, then what are the chances that the price will try to go up, what are the chances that the price will try to go up, so this is my logic that I

[12:23] definitely look at the V-wrap, where is the V-wrap, if the price goes very high above the V-wrap, then at that time I have to see what are the chances of going up further, there you

[12:35] can avoid buying trade, that can be a trap for you, so V-wrap helps me in for you, so V-wrap helps me in saving you from the trap, so V-wrap will also save you so that you do not get trapped in the trap, so if the price is below the V-wrap, you can buy a lot, if it is very high

[12:50] above the V-wrap, you can sell, looking at something else also, so why should you not look at only V, because if a trend is moving very fast, then it is possible that it will come near the V-wrap,

[13:02] some trend reversal should be visible around the trend reversal, for example, let us assume this, see this is the V-wrap line, but brother, if the trend has come, then in the market a A good trend has emerged, a move has occurred, so it is possible that the price may not reach VWP throughout the day.

[13:17] possible that the price may not reach VWP throughout the day. So what I have to understand in this is that if there was a reversal, something was formed or I saw it happening, then at that something was formed or I saw it happening, then at that time I could have expected

[13:30] that the price would go down near VWP, but price can go any distance from its VF. Similarly, if a trend is going on,

[13:44] also a down trend is going on, but a sign of trend reversal has been seen, so now if a major trend is going on, then the price can go any distance from its VF, it cannot happen, so if there is so much strong buying and selling in the market, then the average

[13:59] can go away from it, but that trend price will tend to come to its VWP, this is the logic we have to understand. Now you have understood VWP, now there is one more thing, whenever you trade Super Trend, I had told you earlier that the fourth indicator is how much strength is there in our A-Cred,

[14:13] fourth indicator is how much strength is there in our A-Cred, directional index. If your If your ADX is above 25 at that time, then there is some strength in that trend.

[14:27] ADX is above 25 at that time, then there is some strength in that trend. If it is above 30 or 40, then it has more strength. If it is above 50, then it has a lot of strength. For example, you are seeing here that ADA was getting stronger, then a trend came here,

[14:40] like see, a trend came here, down trend, well AA follows the price, so if you see big candles, then you will see DA going up, but yes, DA is above 25, then it indicates the strength of the trend. So if the super trend here says that there is a down

[14:54] trend, AA is increasing and as soon as it is increasing above 25, you can think that the trend will continue from here until your trend becomes a little weak. So even if the super trend has changed here, then also

[15:09] your ADX tries to tell how much strength is there in that trend. This is not known by ADA going up and down. It's about knowing This is not known by ADA going up and down. It's about knowing where the price will go. It's about knowing how strong it is. Any trend going on, it's

[15:22] trying to tell you how powerful it is. Your AA, for example, was moving upwards from here, and the price was also moving up very quickly. So, basically, it follows the price; it's just confirmation. If I'm entering, I'd like to see

[15:35] how strong the ADA is. Because here's one thing: when a trend is going on in the market, if the ADA is strong, what does it tell you? If a red n't know if a reversal will come from here, something will happen. The ADA says, "Stay put," "Stay put."

[15:51] If I'm standing strong, you should stay put. Red candles may scare you, but there's no need to be afraid. It Red candles may scare you, but there's no need to be afraid. It tells you that the price will go up. So, this is the fourth indicator that I use. Finally, there's an indicator that

[16:05] I use before looking at all this, but I'm telling you this last. Now, for example, many people trade Bank Nifty. Today's Bank If you're ever watching Nifty or videos, these will always come in handy. I open a futures chart. Basically, I

[16:18] trade by looking at the futures chart. So, I'm giving you an example. Now, look at Bank Nifty today. Okay, so here you see 21. We start here. The market opened from here. Okay, so now I'll remove the pivot. I do

[16:33] n't need the pivot. What I saw here was that the Bank Nifty market started at one o'clock. Here, I use a software called Auto Trader called PCR. I'll explain it to you in detail in option chain analysis. I'm explaining it in short.

[16:48] What I see in the morning is, brother, what's going on in the market? At 9:30, you'll start seeing PCR here. Here you'll see 15-minute and 5-minute signals here. This data is very strong data, and you should also watch it. Basically,

[17:05] come around 10:30 and see what PCR signals it's giving. If PCR is giving a buy signal and that signal is also giving a buy signal, then that You should not do day selling, that You should not do day selling, you can get trapped, you can get caught in a trap,

[17:20] if you do selling and buying by looking at PCR, then why do I look at PCR, I will tell you the reason, whenever we sit to trade, we need a view of what is going to happen in the market today, is this a sell on the rise market, that if the market goes

[17:34] up, I should sell or is this a buy on the dip market, so there will be two things, two possibilities, I am explaining both and this concept that I am explaining will be very useful, it is a concept that I am explaining will be very useful, it is a very strong thing to know

[17:47] whenever you are trading, what is your view, if your view is that the market will fall today, you are of selling, then what will you do, adopt the sell on the rise approach, that

[17:59] adopt the sell on the rise approach, that when the price rises, I will sell, this will be your approach, but if your view is of buying, then your approach itself will change, what will your approach be, buy on the dip, that if the price falls, then I

[18:16] will buy on the dip, if it goes down, I will buy, now if your view is wrong, your view of the market now if your view is wrong, your view of the market

[18:29] assume for now that your view was to sell, that the price will go up, I will sell. The price went up, you sold, but the price came down a little, then went up again. You incurred a huge loss because the view itself was wrong.

[18:43] And if the opposite happens, your view was that the market will rise, the price went down. You think it will not rise, because when a trader forms a view, he sees that now a move will happen, a move will come, but it does not come. So, your buy-on-the-deep view

[18:58] was that the price went up a little, but then it went down further. So, we know that the trend moves like this. Now, because the view plays a very important role here, I do not form this view on my own, I form this view by looking at the data. Because this PCR, the

[19:14] looking at the data. Because this PCR, the put-call ratio, we do say it, but when we have to sell options, it costs a lot of money. PCR is not formed like this. When we analyze this option change, then we will explain it in detail. But you have to

[19:27] understand that whatever numbers are coming, they are not formed without investing a lot of money. not formed without investing a lot of money. Your open interest is generated. If you ever sell in options, you know that if you want to

[19:41] sell even one lot, you need money for that. So, if you see such huge numbers in the open interest here, do n't get confused now because we are going to clear everything for you one by one.

[19:55] then selling is not allowed on that day. And if your PCR is below one, let's say you have a PCR of 0.5, then you can sell on that day. Now let's see what happened with the

[20:07] PCR. I came early in the morning and checked it. Brother, I came at 10 or 10:30 and checked it. Aye, the PCR is showing above. So I will not sell now. No matter what happens today, if I get any opportunity in the market to sell, I will not sell. I will

[20:20] not sell because the view has become clear. So I use this first. After that, brother, I do not trade against the trend, do you understand? Even if the trend changes in between. You will say Sir, I missed this opportunity, okay, it happened,

[20:36] if I missed the opportunity, you will say that I missed this move, it happened if my view is to buy then I will buy, okay, this happened, now what happened here, because the PCR was positive, so I came to know one thing in the morning itself that there are chances of the market going up today

[20:52] and if you see the market here, the drawstring has gone up only after opening, see the market here, the drawstring has gone up only after opening, okay, you see this, so after opening the price is going up, up, up, up, up, selling is yours, if you do

[21:08] not want to follow the PCR, yours There is a choice, but I will follow it. If you also like we were showing you this Auto Trender software here, if you also want to use this software, then put the link in the description and comment box. This is paid software, not free software, but

[21:22] it is a very amazing software, it will help in correcting your view, so you can take the subscription of this software. The link is in the comment box. The pin will be found in the comment. You will find it in the description box. Now let me explain all the five indicators one by one.

[21:35] First thing is Super Trend, do not trade against it. Second, MSCD. MSCD. I hope it must be clear to you that whenever you see cross overs, now for example, the trend is going on. MSCD has given this here that brother, from

[21:48] here the price can go down, selling can come, the price has gone down a little bit too, but understand one thing, until the trend is not changing, you should not trade against the trend. My logic says the same, so I

[22:04] no selling until the trend is changing. Then there is no buying. Don't trade against the trend. The third thing I told you is that whenever you are taking an entry, you can check where the price is moving at that time. If you take an

[22:17] entry anywhere here, it is best to take an entry near you. If you are buying, in fact, selling, then if you are trading below the V-Vapor then it is even better, but it is better around the V-Vapor. You can also see what is happening at that time.

[22:29] And finally, we talked about the V-Vapor, so the V-Vapor is here, that if the price is around the V-Vapor then buying is considered appropriate. The price will try to go up, but if it goes too high, it will also try to come down. So,

[22:44] if there is a trend, then you are trailing your stop loss. So when you see a big red candle, then you will exit because you were trailing. So you can make big profits. And basically, you can exit after the trend changes

[22:56] if you are trend trading. If you are doing this then finally the view is corrected by PCR, so it becomes known what are the more chances in the market, there are falling down, so I follow these five indicators, do

[23:13] which indicator did you find the best among these, do tell me this also in the comments, finally not miss the upcoming videos, subscribe, click on the bell icon and tell your friends to subscribe also because you are getting this complete crash

[23:25] course for free, so I hope you will be getting to learn a lot in this crash course, so I will see you in the next video till that time your self mate