What oscillators combination ?

[seb 0]

I was wondering what kind of oscillation indicators is preferably used for EAs. Most precisely what kind of combination.
Im currently working on the RSI/MACD "convergence" strategy, considering the current trend with EMAs or retracements, on a double timeframe(H1-M15). I was thinking about implementing a 3rd one, with a condition of minimum 2 indicators signaling simultaneous entry point, increasing the volume of the trade when the 3rd one matches.
Do you think it's a good strat for building an EA ?

[trader.philipps]

@seb-0 I think there is no right answer on your question as it is not concrete enough. It may always be a wise approach to have a confirmation of your signals but there may be other factors that have more effect on profitability such as trading time, volatility, volume, news (political and economical) and instrument you trade as well.
From my perspective volatility is one of the most important factors in trading. If price doesn't move, there is no profit. If it moves too much you might get stopped out or your lot size is too big and this means danger to your account.

[seb 0]

@trader-philipps
Makes sense indeed.
Time to avoid for trading like 21:00-03:00(GMT), when volatility is to low to make any worth it profit. Avoiding too high volatility, when the noise can throw you out of your SL/TP limits.
I wasn't using volume indicators t'ill yet cause some appear close to oscillation indicators, but i might consider the "on balance volume". It may give me some added value.
About economic news, i think it necessarily needs a human intervention. This is what takes the most time.