Technical indicator is an indicator which indicates about the market position by calculating the formula and give us the graphical representation with ease. Several indicators are available in market. Eg. Moving average, RSI, Stochastics, Awesome indicator, ADX etc. Now a days novice traders rely mostly on the indicator. Most of the indicators are lagging than to be the leading indicator.
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Hi,
Your Question 1 :: Give the names of leading indicators of market direction?
RSI & MOVING AVERAGE is the major indicator.
Your Question 2 :: For intraday which indicator is best
You can use any indicator, the best way to use indicator is just for confirmation basis.