Kardec Trader ranks trading tools and indicators from S to F tier, explaining which ones work best for different styles like scalping or long-term trading. He covers price action, volatility measures, and other indicators, rating each by usefulness and reliability.
Price action.
A tier. You can use it alone, but you miss half of the context.
Bollinger Bands.
F tier. It's a proxy for volatility. It change every time. I never managed to be profitable with it.
Trump's truth posts.
S tier if you are Barron. F tier if you are anyone else.
Volume profile.
S tier. Merge with fundamentals is the best model for long term.
RSI.
D tier. It's a lagging indicator and I will not use it.
Deep Trades.
S tier. It's the proxy of the aggression and interaction between orders in the market. It's my favorite indicator for scalping.
MACD.
F tier. It's lagging. It's not precise to time your entry. I don't see any value in it.
Footprint Chart.
A tier. It's really reliable. You have a depth of information that it's really helping you to time your entry, but can be a lot of information to process for a beginner. So I will prefer Deep Trades. EMA. EMAs are not bad. They are like a regression of what the price is doing. I will say B tier, but if you miss the context, you can be always in the wrong side of the market.
Liquidity Heatmap.
S tier. It helps you a lot with take profit, with pressure of the market, and to frame if you are protected by a wall or you are empty below.
VWAP.
VWAP, it's S tier. It's the institutional proxy for alpha execution.
ATR.
ATR, it's B tier, you can use it to frame the correct risk and points to manage the stop loss and take profit, but on itself it's not giving you any kind of edge.
Following Fabio Valentini on Instagram.
S tier plus, you get all the best models for free.
