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RE: Chart analysis with a Bollinger Band, identify potential market tops
There are hundreds of indicators and oscillators for bar charts, there is no perfect set that will be 100% all of the time. When you find it, let me know and we will make billions
Yes, some of the indicators are lagging indicators so, why would you want lagging information? I think volume indicator is good to use when I need to know when possible reversal and how strong it will be after like a drastic sell or buy so, I know at what price I am going to close out the position or put in a new position.
I like Fib retracement indicator.