I am going to deliver the set up of technical indicators which all I am using for Prediction of future price move on 1 minutes intraday charts . I prefer 1 minute intraday charts and even to get fine tune I open tick chart too when I direct my clients to enter in any specific trade …
Areva T & D futures 1 min chart of 26 .12 .2010.
I set my charts as per following ...
Candlesticks Bullish green , Bearish Red
Bollinger 20-2…. in that MA is weighted
WMA 80 periods
Here centre line of Bollinger and 80 WMA are used to see MA crossover .
MACD 26 …12…09
RSI 14 periods
Marks two threshold lines at 30 and 70 levels
And I use w% R, MFI , ADX by replacing RSI at frequent intervals
having sufficient knowledge of items mentioned at this link
http://dhanvarshagrp.blogspot.com/2010/01/earning-in-stock-markets.html
Tick chart of Areva 26 Mar 10
those who know how to read the charts will achieve 90 % ++ success rate ..
I hasitete to use slow/ fast stochstics as they are very fast to me ...
cairn India is at Radar for tommorrow and April expiry