
Originally Posted by Sunshine

For those who see only price action and people like Tuple who are interested in Tape reading have no use for indicators .
Whereas people like me , who are the majority ,cling on to indicators to explain the price action .
But the problem is whether we are having right set of indicators in our trading system ? In my opinion we should have 3 indicators .
They are
1. trend indicators
2. Indicators showing OB /OS
3.Volume indicators .
I hope , our members will take the topic to the next level , whether the above combinations needs addition or deletion and which indicators will be the best combo to get good trades .

Indicators are usually grouped into 6 types. Here are some of the major one in each category that come to mind. Be careful not to use indicators that are measuring the same thing.
Moving Averages (exponential, simple, triangular, weighted)
Price Adjustment (high, low, range, range midpoint, typical, weighted close)
Volatility (ATR, lower BB, upper BB, BB width, BB %B, envelope high, envelope low, statistical volatility, standard deviation, volatility)
Momentum (acceleration, detrend osc, price osc, CCI, stochD, stochK, stochSlowD, stochSlowK, momentum, %R, ROC, RSI, Ultimate osc, velocity, TEMA)
Trend (ADX, ADXR, correlation, DMI +/, linear regression, MACD)
Market Strength (Chaikin osc, ease of movement, MFI, money flow, OBV, price volume trend, volume  avg, ROC, osc)
Special (Kirshenbaum bands, adaptive Kalman filter)