Strategy Tools

Tools used within strategies. Define what you need before trading.


Tool Categories

Trend Indicators

  • SMA/EMA
  • Ichimoku
  • Parabolic SAR

Momentum Indicators

  • RSI
  • MACD
  • Stochastic

Volatility Tools

  • ATR
  • Bollinger Bands

Level Tools

  • Pivot Points
  • Support/Resistance
  • Trend Lines

How to Choose Tools

Match to Strategy

StrategyPrimary Tools
Trend followingMA, MACD
Mean reversionRSI, Bollinger
BreakoutVolume, pivot
Price actionLevels, candles

Key Takeaways

  1. Limit to 2-3 tools — Max
  2. Each tool = one purpose — Don’t duplicate
  3. Master before adding — Learn each
  4. Adjust to conditions — Different markets

Related

scalping.md >>>

swing-trading.md >>>

indicators.md >>>

Tools serve strategy.