Hi,

It's good to have favourites, but whatever you choose, it's also important to learn what makes the tool work. By that, I mean the underlying formulas, math etc.
This is so you can avoid colinearity of indicators - a fancy way of saying that it would be pointless using, say a stochastic and RSI on the same chart - their data/calculations are too similar - and so, would be apt to give similar signals.

My own personal indicators include a volatility stop (derived from ATR), a stochastic to show OB/OS areas, and CCI (with a long lookback 50 bars) to give a more statistical meaning to the chart. This is all done using volume bars (as opposed to standard bar/candle).

the seeker