Been trading for a while now and notice everyone talks about RSI and moving averages but there are some indicators that barely get mentioned.
Curious what you’ve found that actually works but doesn’t get the attention it deserves.
Stochastic divergence is criminally underrated - it’s literally saved my ass countless times.
Most people just watch basic stochastic crossovers and get burned by false signals all day. The real edge? When price hits new highs but stochastic doesn’t budge. That’s your cue the rally’s dying.
Perfect example: EURUSD last month. Price kept climbing to new highs while stochastic was already turning down. Shorted it and banked 80 pips on the drop.
Doesn’t matter what timeframe you’re on. Just gotta wait for the obvious setups.
VWAP gets overlooked way too much. Retail traders assume it’s just for big institutions. It shows you where smart money’s sitting. When price drifts away from VWAP then snaps back - that’s your cue. Works great for day trading. I use it to spot real breakouts from fakes. Legit breakouts stick above or below VWAP with solid volume. The fake ones snap back fast. Super easy to read and you don’t need any fancy math.
ATR is seriously underrated. Most traders obsess over price action but ignore volatility completely.
ATR tells you how much a pair actually moves on average. Use that to set realistic targets and stops. Why risk 50 pips when the pair barely moves 30 daily?
I size positions with it too. Higher volatility means a smaller position to keep my risk consistent.
Williams %R is really useful for timing entries. It reacts quicker to price changes than stochastic.