Originally Posted by doob_2002
when looking at indicators on Stock Scan (website above), which indicator(s) do you think is/are the most important to look at? and maybe let me know which ones you think are not relevant when buying a stock.
No offense, but you need to change your mindset ASAP. Every indicator is great and ever indicator sucks, it all depends on the trader and how they use them. There is no one way to trade or invest, and those two things are entirely different. You are essentially on a journey to discover what works for you, and it's going to take a while. I'll give you two examples of some of the extremes, and then there's everything in between that you'll have to find out for yourself.
Darth Vader Trader is a scalper. He trades off of a 1 minute chart, and on average holds for less than 5 minutes for each of his trades. He uses charts, aka technical analysis to determine his setups, entries, and exits. He sometimes makes 100 or more trades in a day.
Investor Chester buys stocks in companies that have been around for a long time, are extremely solid, and pay dividends. He doesn't read charts, he reads balance sheets, and that's what he bases his investments on. He has no use for indicators, since he doesn't follow intraday or intraweek trends. He may check his stocks every month or so, but he's not looking to buy the lows and sell the dips, he's just buying and holding til retirement.
You're probably going to fall somewhere in between all those, so before you go asking all these questions that are way too vague to be helpful to you, first figure out the basics.