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Best tecnical tools

hi friends,
in strategy contest my robot use MACD AND RSI level to enter and make profit.
in y opinion, these two indicators are the better one to have nice entrie.
tell me what do you think about this? if you use it too ? or if ther one are better for you.
kind regards friends
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Strategy Contest – June 2020 - Article

I will try to explain in this article the underlying theory related to the overbought and oversold strategies. This is the strategy used by my contest strategy.
Charles Dow (considered the father of technical analysis) had noticed that any asset prices series experienced recurring cycles indefinitely. He noted three different phases related to price movements, whether in a bull or bear market.
In a bull market, we have:
The Phase 1: The Accumulation Phase
The first phase of a bull market is …
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Contest Strategy October2015 ver.22

The strategy is working in the contest with timeframe 10 min.
The asset it’s trading is one of the main currency pairs: EUR/USD.
Strategy is based on three indicators Relative Strength Index (RSI), Stochastic Oscillator (STOCH) and Waddah Attar Trend (WADDAHAT).
Relative Strength Index (RSI), developed by J. Welles Wilder, is a momentum oscillator that measures the speed and change of price movements. The RSI oscillates between zero and 100. Traditionally the RSI is considered overbought when …
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EURUSD DOWN

EUR/USD formed an (bearish) outside day pattern yesterday and momentum has turned bearish. Hence, we see a deeper dip to 1.1450 Above 1.1375 needed to question immediate downside.
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EURUSD UP MOVE

Long Position above 1.1740 with targat at 1.1800
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AUDUSD DOWN TREND NEXT MONTH

On H4 chart, the instrument could not consolidate above the strong resistance level of 0.7443. Bollinger Bands reverse upwards, and the price range expanded, which indicates the continuation of the uptrend. MACD histogram is in the positive zone with its volumes growing and keeping the buy signal. Stochastic left the overbought area having formed the sell signal.
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GBPUSD DOWN TREND NEXT MONTH

On H4 chart, there is a return of the downward dynamics after correction, and the instrument is traded between the lower and middle lines of Bollinger Bands. MACD histogram is near the zero level, and its volume is minimal, the signal line is reversing down.1.3100, 1.3080, 1.3050, 1.3025, 1.3000.
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EURUSD DOWN TREND NEXT MONTH

The quantitative easing program will be completed by the end of this year, as it was planned. Thus, in the global perspective, the dollar still remains a more attractive asset for investment, given the differential in interest rates in the US and the EU.
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USDJPY UP TREND NEXT MONTH

Taking the lower boundary of the ascending channel is unlikely but the instrument may unsuccessfully test the level of 110.50 once again and go to the growth stage. In the medium term, the pair can be expected at the local highs of 112.40, 113.25. The instrument can transfer into a more sloping ascending channel, but it should continue growing. Indicators on the D1 chart and above confirm the forecast: MACD shows the preservation of the high volume of short positions, and Bollinger Bands are dir…
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Double bottom of the major pair

Hello traders,
I have made some short tehnical analysis on the pair for the Daily and Weekly charts based on some major indicators which are (Bollinger Bands, Exponential moving average and Relative strength index) I also included the Ichimoku overlay chart for some clue on the cloud sentiment if we can say so.
On the Daily chart we can see the following picture:
Here we have 3 bottoms. The price tried to reach unsuccessfully the level 1.15 and after the recent sharp spike of the EUR we can see …
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