Traders are always in search of the magic indicator. A holy grail of the markets that will tell them precisely when to sell and when to buy for maximum profit from perfect market timing.
I don’t believe human beings are capable of achieving or harnessing perfection nor should they strive to be perfect. Nor do I believe there is a single indicator out there that will ever work this way.
Having said that, I do believe the key is synthesizing the expert analysis of a variety of meaningful indicators to arrive at a unique understanding of the markets at a given point in time.