I not use Indicators and I not use a mechanical system neither, but I always use Moving Averages and interpret they at my discretion.
You can appreciate how the Moving Averages expand and acquire a bullish inclination,
this accompanied with the concept of support and resistance is the only tools I use, Is simple but it works
Look Moving Averages from 2017-01-02 to 2018-03-19 they look flat and intertwined= (Not Trending)
Look the Moving Averages of past weeks they are expanded and then resistance becomes support (Red Line)
Look the resistance breakout and the price pullback (Red Arrows= Resistance) (Blue Arrows= Support)
Weighted Moving Average for a weekly chart
(WMA) 36/54/74
Well close to the price ideally for Swing Traders
You can appreciate how the Moving Averages expand and acquire a bullish inclination,
this accompanied with the concept of support and resistance is the only tools I use, Is simple but it works
Look Moving Averages from 2017-01-02 to 2018-03-19 they look flat and intertwined= (Not Trending)
Look the Moving Averages of past weeks they are expanded and then resistance becomes support (Red Line)
Look the resistance breakout and the price pullback (Red Arrows= Resistance) (Blue Arrows= Support)
Weighted Moving Average for a weekly chart
(WMA) 36/54/74
Well close to the price ideally for Swing Traders