Im trying to use SMA 10; 20 with RSI 9, 70, 30 , STOCHASTIC FULL 14, 3, 3 and MACD 12, 26, 9 on 15 MIN chart.
I had my drawings on chart and graph nicely touched a resistance. Next candle came down and stopped inside. That is normally my entry point! But now i was waiting for confirmations like i learned from education section and it didnt happened.
The problem is that, SMA always crossing too late on bearing market for example. RSI is already oversold and STOCHASTIC and MACD are on the middle or close to oversold and im too late to make an order. It was around 50 pips.
Do i use too many indicators or indicators settings are wrong or there is something else i have to pay attention?
Thank you very much!