Indicators are nothing more than tools, there is not one that is more effective when it comes to this market, what you need to do is to understand when to use the most appropriate tool for the job, for example it is a mistake to use a hammer when you need to use a screwdriver, moving averages are great when the market is trending, the direction of the market does not matter, as long as there is a big trend you could use those indicators to make money, but when the market is moving in a tight range I prefer to use oscillators instead.