Elfin... :)

I particularly enjoy those meaty (value-added) posts of yours. Keep 'em coming...


And I hope Techsys will stay here for good, since I know many will benefit much from his kindness... 

 hey, you're in too! i use ig markets. the only quibble i have is that because i watch three pairs (have upped the number. hehe), i have to set the indicators each time i log on. so sometimes i use another platform for charting.

not a lot of tools needed, really. once you fiddle around and find a consistent system, it's just using that then. personally, i prefer forex since it's less 'noisy'---esp since our local market now has such low vols, you can either go intraday or longterm only.  gone are the days of easy money and constant charts.  

do agree with techsys that the chart itself is the most impt. the correlation would be px-vol action in stocks.

have fun.

1. We use it together with MA-50 and MA-100.  We use SMA, to have benefit from its lagging. 
2. As RSI to indicate market is moving from ranging to trending.  This is the original purpose of this indicator at the first time.
3. As additional indicator for Wave determination.  It means Parabolic SAR is used to confirm when we can enter and exit market. We need to use two set Parabolic SAR. Entry point will be the middle of the Parabolic Range.
4. Pivot/Fiboancci Series. This way is hardly being used by now, since  people don't really like to do math, as visual thing is simpler.