Topic: best indicator hunt ? (Read 352 times)
there is no best indicator, everything is good, it's just that we have to be able to use it well. that's where the art of trading is, where even though we use indicators, we are required to keep thinking logically and controlling emotions. I think by using as simple an indicator as possible, we will not take much consideration in determining the order
All indicators are good and have the benefit of seeing market trends. Just how can we use it and understand the indicator, there are probably hundreds of indicators available for free that can be used as best as possible. The most important thing is that we know about technical analysis well and balanced with fundamental analysis. Don't rely too much on indicators. quite a few indicators but you understand. too many indicators will confuse you.
No matter what we do...
No matter how many indicators we use...
It all still lies in your final decision. You'd rather have to stop wasting your time looking a strategy that could give you everything you wanted because that all seem impossible to find.
Please remember that there is no easy play in trading. Having those number of trading tools only makes you crazy about what you will be going to follow, if you just focus on 1-2 trading tools, might be easier for you to understand.
Also indicators is not guaranteed so make sure that you always do a good decision and you believe on that with all your heart. There’s so much Indicators that we can use every time we trade, it will just depend on how much knowledge do you have to use that indicators in favor to you. I used the price, the volume, MA’s, RSI and MACD because it works for me most of the time.No matter how many indicators we use...
It all still lies in your final decision. You'd rather have to stop wasting your time looking a strategy that could give you everything you wanted because that all seem impossible to find.
Please remember that there is no easy play in trading. Having those number of trading tools only makes you crazy about what you will be going to follow, if you just focus on 1-2 trading tools, might be easier for you to understand.
Based on my own experience, trading is not easy, In fact, I often experience losses even though I have used a lot of indicators to help analyze
price movements in the market. As you said, indicators do not guarantee that we will be successful in trading. Therefore sometimes having
trading experience is important, to be able to help us avoid some mistakes when we trade. This means that being a successful trader requires
many factors and it may take a long process, in order for us to really master trading.
my belief is that with time I will gain more experience in trading.
Well we have to admit that indicators makes trading life soo simple and easy not only that because of indicators lots of beginners are achive there goals plus we also can easily understand the market situation. Well there has lots of indicators and all indicators also not working properly and some might be working for you. Everyone has a different choice for there trading journey. Here is mine choosing 5 indicators its suit for me. It could be suit for you or not. Its entirely your decision.
1: MYC.
2: RSI.
3: Bollinger Bands.
4: MA.
5: MACD.
1: MYC.
2: RSI.
3: Bollinger Bands.
4: MA.
5: MACD.
No matter what we do...
No matter how many indicators we use...
It all still lies in your final decision. You'd rather have to stop wasting your time looking a strategy that could give you everything you wanted because that all seem impossible to find.
Please remember that there is no easy play in trading. Having those number of trading tools only makes you crazy about what you will be going to follow, if you just focus on 1-2 trading tools, might be easier for you to understand.
Also indicators is not guaranteed so make sure that you always do a good decision and you believe on that with all your heart. There’s so much Indicators that we can use every time we trade, it will just depend on how much knowledge do you have to use that indicators in favor to you. I used the price, the volume, MA’s, RSI and MACD because it works for me most of the time.No matter how many indicators we use...
It all still lies in your final decision. You'd rather have to stop wasting your time looking a strategy that could give you everything you wanted because that all seem impossible to find.
Please remember that there is no easy play in trading. Having those number of trading tools only makes you crazy about what you will be going to follow, if you just focus on 1-2 trading tools, might be easier for you to understand.
Based on my own experience, trading is not easy, In fact, I often experience losses even though I have used a lot of indicators to help analyze
price movements in the market. As you said, indicators do not guarantee that we will be successful in trading. Therefore sometimes having
trading experience is important, to be able to help us avoid some mistakes when we trade. This means that being a successful trader requires
many factors and it may take a long process, in order for us to really master trading.
my belief is that with time I will gain more experience in trading.
No matter what we do...
No matter how many indicators we use...
It all still lies in your final decision. You'd rather have to stop wasting your time looking a strategy that could give you everything you wanted because that all seem impossible to find.
Please remember that there is no easy play in trading. Having those number of trading tools only makes you crazy about what you will be going to follow, if you just focus on 1-2 trading tools, might be easier for you to understand.
Also indicators is not guaranteed so make sure that you always do a good decision and you believe on that with all your heart. There’s so much Indicators that we can use every time we trade, it will just depend on how much knowledge do you have to use that indicators in favor to you. I used the price, the volume, MA’s, RSI and MACD because it works for me most of the time.No matter how many indicators we use...
It all still lies in your final decision. You'd rather have to stop wasting your time looking a strategy that could give you everything you wanted because that all seem impossible to find.
Please remember that there is no easy play in trading. Having those number of trading tools only makes you crazy about what you will be going to follow, if you just focus on 1-2 trading tools, might be easier for you to understand.
Based on my own experience, trading is not easy, In fact, I often experience losses even though I have used a lot of indicators to help analyze
price movements in the market. As you said, indicators do not guarantee that we will be successful in trading. Therefore sometimes having
trading experience is important, to be able to help us avoid some mistakes when we trade. This means that being a successful trader requires
many factors and it may take a long process, in order for us to really master trading.
No matter what we do...
No matter how many indicators we use...
It all still lies in your final decision. You'd rather have to stop wasting your time looking a strategy that could give you everything you wanted because that all seem impossible to find.
Please remember that there is no easy play in trading. Having those number of trading tools only makes you crazy about what you will be going to follow, if you just focus on 1-2 trading tools, might be easier for you to understand.
Also indicators is not guaranteed so make sure that you always do a good decision and you believe on that with all your heart. There’s so much Indicators that we can use every time we trade, it will just depend on how much knowledge do you have to use that indicators in favor to you. I used the price, the volume, MA’s, RSI and MACD because it works for me most of the time. No matter how many indicators we use...
It all still lies in your final decision. You'd rather have to stop wasting your time looking a strategy that could give you everything you wanted because that all seem impossible to find.
Please remember that there is no easy play in trading. Having those number of trading tools only makes you crazy about what you will be going to follow, if you just focus on 1-2 trading tools, might be easier for you to understand.
No matter what we do...
No matter how many indicators we use...
It all still lies in your final decision. You'd rather have to stop wasting your time looking a strategy that could give you everything you wanted because that all seem impossible to find.
Please remember that there is no easy play in trading. Having those number of trading tools only makes you crazy about what you will be going to follow, if you just focus on 1-2 trading tools, might be easier for you to understand.
No matter how many indicators we use...
It all still lies in your final decision. You'd rather have to stop wasting your time looking a strategy that could give you everything you wanted because that all seem impossible to find.
Please remember that there is no easy play in trading. Having those number of trading tools only makes you crazy about what you will be going to follow, if you just focus on 1-2 trading tools, might be easier for you to understand.
The same way its unethical to use unnecessary drawing tools like support and resistance that fill up the chart, it's the same as using multiple indicators especially if some/all of the indicators used are invalid for the market trend at that time. Most beginner traders feel that using that many indicators in chart makes them look cool and professional-like but the reverse is usually the case. These days, I've graduated from applying any indicator apart from the 200MA and 50MA then I focus more on price action trading.
Other than going for an indicator I would rather advice you build on your own trading psychology so has to have a good trading plan because indicators alone can make your trades poor and unprofitable. It's wiser you build on your self as such if you apply indicators to your chat they will serve as confirmation signals and not as leading signals because most indicators follow the market moves and can't predict the next move of a moving trade.
Indicators are what make you a good trader in the long term if you know how to use them but you are right you have to work on yourself as well. So, I would say that combine those two things together and you got yourself a good deal. Learn about both the trading world and how indicators work and how everything works, when you become very good at that then you can start to actually work on yourself and what type of trader you think you are.After you got both of them down and learn them very well, you can start to combine those things and use what type of trader you are into the indicators you know and create something good. Not all indicators work for all people, some of them are good for certain people and some of them are bad for them, it is all depending on what type of person you are. This way everyone can create their own unique experience.
No matter what we do...
No matter how many indicators we use...
It all still lies in your final decision. You'd rather have to stop wasting your time looking a strategy that could give you everything you wanted because that all seem impossible to find.
Please remember that there is no easy play in trading. Having those number of trading tools only makes you crazy about what you will be going to follow, if you just focus on 1-2 trading tools, might be easier for you to understand.
No matter how many indicators we use...
It all still lies in your final decision. You'd rather have to stop wasting your time looking a strategy that could give you everything you wanted because that all seem impossible to find.
Please remember that there is no easy play in trading. Having those number of trading tools only makes you crazy about what you will be going to follow, if you just focus on 1-2 trading tools, might be easier for you to understand.
Other than going for an indicator I would rather advice you build on your own trading psychology so has to have a good trading plan because indicators alone can make your trades poor and unprofitable. It's wiser you build on your self as such if you apply indicators to your chat they will serve as confirmation signals and not as leading signals because most indicators follow the market moves and can't predict the next move of a moving trade.
I don't actually use indicator just the volume and the trend lines that's what I use, honestly I get a good profit out of it but it's not perfect and the success rate is less than 60% but right now I am studying some indicators I think it would be effective if add those indicators with the trend line and the others.
before we use the indicator, we must know the weaknesses and strengths of the indicator, because not every signal that is presented will always be correct, and usually I combine it by looking for areas of support and resistance to take action give me your hypothesis regarding the relationship of indicator trading to crypto trading success from your perspective based on the advantages and disadvantages you know so far. because all can see in terms of advantages and disadvantages when he gets the comparison method used. but if you only use one indicator and a basic trading strategy can it still be said to be a legitimate point of view?
I don't actually use indicator just the volume and the trend lines that's what I use, honestly I get a good profit out of it but it's not perfect and the success rate is less than 60% but right now I am studying some indicators I think it would be effective if add those indicators with the trend line and the others.
before we use the indicator, we must know the weaknesses and strengths of the indicator, because not every signal that is presented will always be correct, and usually I combine it by looking for areas of support and resistance to take action give me your hypothesis regarding the relationship of indicator trading to crypto trading success from your perspective based on the advantages and disadvantages you know so far. because all can see in terms of advantages and disadvantages when he gets the comparison method used. but if you only use one indicator and a basic trading strategy can it still be said to be a legitimate point of view?
I am using the same indicators, RSI, MACD, & BB. I think this 3 powerful tools is just enough to make swing trade or day trade.
In tradingview, under indicators and strategies. There are a lot more uncommon scripts both free and paid that you could use. Just explore them by clicking on;
- Built-ins
- Candlestick patterns
- Public Library
- Volume profile
Personally i prefer the indicators you call common like RSI, MACD, Bolliger Bands. There's a reason they are common
- Built-ins
- Candlestick patterns
- Public Library
- Volume profile
Personally i prefer the indicators you call common like RSI, MACD, Bolliger Bands. There's a reason they are common
trade using many indicators will make us confuse which is work, iam ever see trader with full of indicators in his chart and its really didnt work at all. The simple ways to analize market only trend line, we could identify the trend that running and defince entry level using support and resistance analisys. this strategy will make your chart very clean but powerfull.
hello trading players
need some help regarding indicators . (uncommon indicators other then common indicators - rsi,mcad etc )
indicator that measure the bid/ask ratio and market order ratio .
indicator that help you to define the trend direction
indicator that help you to define the major /big players long and short ratio (smart money )
and hunting of stupid money
There is nothing like best indicator Mr op since indicators are met for different purposes and uses. Your ability to maximize the efficiency of an indicator or indicators make you a good indicator analyst. Trading with indicators successfully requires a lot of back testing to know which one react well to market price without frequent false signals.need some help regarding indicators . (uncommon indicators other then common indicators - rsi,mcad etc )
indicator that measure the bid/ask ratio and market order ratio .
indicator that help you to define the trend direction
indicator that help you to define the major /big players long and short ratio (smart money )
and hunting of stupid money
Like we all know that indicators lag bringing out false signals which is not best to use them without other confirmations. Using too much indicators can be confusing atimes when is used poorly without good knowledge. This is why they must be used with other technical analysis for confirmation.
I don't actually use indicator just the volume and the trend lines that's what I use, honestly I get a good profit out of it but it's not perfect and the success rate is less than 60% but right now I am studying some indicators I think it would be effective if add those indicators with the trend line and the others.
before we use the indicator, we must know the weaknesses and strengths of the indicator, because not every signal that is presented will always be correct, and usually I combine it by looking for areas of support and resistance to take action give me your hypothesis regarding the relationship of indicator trading to crypto trading success from your perspective based on the advantages and disadvantages you know so far. because all can see in terms of advantages and disadvantages when he gets the comparison method used. but if you only use one indicator and a basic trading strategy can it still be said to be a legitimate point of view?
I don't actually use indicator just the volume and the trend lines that's what I use, honestly I get a good profit out of it but it's not perfect and the success rate is less than 60% but right now I am studying some indicators I think it would be effective if add those indicators with the trend line and the others.
before we use the indicator, we must know the weaknesses and strengths of the indicator, because not every signal that is presented will always be correct, and usually I combine it by looking for areas of support and resistance to take action 
I don't actually use indicator just the volume and the trend lines that's what I use, honestly I get a good profit out of it but it's not perfect and the success rate is less than 60% but right now I am studying some indicators I think it would be effective if add those indicators with the trend line and the others.
before we use the indicator, we must know the weaknesses and strengths of the indicator, because not every signal that is presented will always be correct, and usually I combine it by looking for areas of support and resistance to take action 
I don't actually use indicator just the volume and the trend lines that's what I use, honestly I get a good profit out of it but it's not perfect and the success rate is less than 60% but right now I am studying some indicators I think it would be effective if add those indicators with the trend line and the others.
I like using market cypher tho it's not free. It follows a lot of indicators and its easy. I had good experience with it until now.
its free . you need more research to find out the similer codes . 
glassnode.com has a lot of detailed indicators that measure a lot of less popular indicators such as Exchange reserves, Funds moving off exchanges, (NVT) Ratio, NVT Signal (NVTS) and others some of which you can find here.
Unfortunately, the paid version is expensive and worthy for those who care about that data.
They still have some analytics for free.
https://docs.glassnode.com/api/indicators
Unfortunately, the paid version is expensive and worthy for those who care about that data.
They still have some analytics for free.
https://docs.glassnode.com/api/indicators
No need to rush up because you would eventually find the indicator that would suit you out depending or according into
your needs.Usually when it comes to TA's then it would usually talk about.
1. Common Support and Resistance Lines
2. Moving Averages
3. RSI
4. MACD
5. Fibonnaci
6. Timeframe biases
It does depend on how you do mix up and make trade executions on this one.
your needs.Usually when it comes to TA's then it would usually talk about.
1. Common Support and Resistance Lines
2. Moving Averages
3. RSI
4. MACD
5. Fibonnaci
6. Timeframe biases
It does depend on how you do mix up and make trade executions on this one.
Timeframe biases indicator is something I have not used, I think this is what you are trying to look for OP. Test to see if there's something like this for free on tradingview but found none. What does this do, how does it work?
Fibonacci is common. AFAIK it's going to help determine to make the support and resistance visible without you as a trader having to draw trend lines.
op
What? No wonder I couldn't find it when I search on Tradingview. Why the hell did he list it 😁
What I think the forum shoukd actually have are tutorials like strategies in trading in a particular TF that tells us to sell when an MA crosses another MA and thrn buy when it crosses again to another MA. So far I have not seen tutorials like this here.
indicator that measure the bid/ask ratio and market order ratio .
indicator that help you to define the trend direction
actually there's a bunch of indicators that can define the trend direction, but for me seems this 3 is the to use feo that, such "ichimuko" , William alligator" but you need more modification in settings just to clear the highlights in the chart.. And lasty super trend indicators wherein will show a buy signal and sell signal sometimes it's accurate but for me i used to combine with "heikin ashi" to assure it's telling the right signal.. indicator that help you to define the trend direction
ya i am using heikin ashi and exo chart really helpful but would be more better if we somehow add more bullet to our system to fight with other smart traders . to somehow gain more odds with the indictor that define the better bid/ask/market data to determine the health of trend .
op
indicator that measure the bid/ask ratio and market order ratio .
indicator that help you to define the trend direction
actually there's a bunch of indicators that can define the trend direction, but for me seems this 3 is the to use feo that, such "ichimuko" , William alligator" but you need more modification in settings just to clear the highlights in the chart.. And lasty super trend indicators wherein will show a buy signal and sell signal sometimes it's accurate but for me i used to combine with "heikin ashi" to assure it's telling the right signal.. indicator that help you to define the trend direction
indicators more like footprint chart to decode the bid/ask/market/volume/
op
op
Of all the ones listed, the ones you see the major news outlets using is RSI and MA, I hardly see anybody using Fib anymore unlike the early days. Anyone know why?
Thanks for this too,,, I haven't used Tradingview in a really long time but this is a new feature then. I have been trying to compile a series of indicator guides like a glossary:) Something for a new freelance project for some guys.
If you are looking for a unique indicator that doesn't always use you can check tradingview it's free just register on them and then go to chart look for indicators and then go to the public library you can see there are likes on the right lowest must be the unique one.
Thanks for this too,,, I haven't used Tradingview in a really long time but this is a new feature then. I have been trying to compile a series of indicator guides like a glossary:) Something for a new freelance project for some guys.
What I can say of uncommon indicators are most of them are also made of these common indicators, some of them are just a combination of common indicators which they just tweak it and that's why they become uncommon and some of them are not free.
I'm not saying that using paid indicators is not good, that's why they are not free because they are for sure effective base on how you will use them.
For me, having an indicator related to the volume and momentum is really good, it will help you to identify the trend or move of the price.
I'm not saying that using paid indicators is not good, that's why they are not free because they are for sure effective base on how you will use them.
For me, having an indicator related to the volume and momentum is really good, it will help you to identify the trend or move of the price.
No need to rush up because you would eventually find the indicator that would suit you out depending or according into
your needs.Usually when it comes to TA's then it would usually talk about.
1. Common Support and Resistance Lines
2. Moving Averages
3. RSI
4. MACD
5. Fibonnaci
6. Timeframe biases
It does depend on how you do mix up and make trade executions on this one.
your needs.Usually when it comes to TA's then it would usually talk about.
1. Common Support and Resistance Lines
2. Moving Averages
3. RSI
4. MACD
5. Fibonnaci
6. Timeframe biases
It does depend on how you do mix up and make trade executions on this one.
Timeframe biases indicator is something I have not used, I think this is what you are trying to look for OP. Test to see if there's something like this for free on tradingview but found none. What does this do, how does it work?
Fibonacci is common. AFAIK it's going to help determine to make the support and resistance visible without you as a trader having to draw trend lines.
In tradingview, under indicators and strategies. There are a lot more uncommon scripts both free and paid that you could use. Just explore them by clicking on;
- Built-ins
- Candlestick patterns
- Public Library
- Volume profile
Personally i prefer the indicators you call common like RSI, MACD, Bolliger Bands. There's a reason they are common
- Built-ins
- Candlestick patterns
- Public Library
- Volume profile
Personally i prefer the indicators you call common like RSI, MACD, Bolliger Bands. There's a reason they are common
hello trading players
need some help regarding indicators . (uncommon indicators other then common indicators - rsi,mcad etc )
indicators that help to decode the bid/ask/market orders or help you define the trends . where the next high odd the trend move
free/paid any indicators
.
That's good that you know the basic indicators when it comes to trading and I can say it's already enough to analyze the price movement but if you still want more you can try Fibonnaci, this one works as well along with your list, just use most of them to compliment each other and to confirm the trend. Trading is too risky mate, you have to take time learning those indicators because that's the only thing that can help you to prevent losing money, TAYOR! need some help regarding indicators . (uncommon indicators other then common indicators - rsi,mcad etc )
indicators that help to decode the bid/ask/market orders or help you define the trends . where the next high odd the trend move
free/paid any indicators
.
No need to rush up because you would eventually find the indicator that would suit you out depending or according into
your needs.Usually when it comes to TA's then it would usually talk about.
1. Common Support and Resistance Lines
2. Moving Averages
3. RSI
4. MACD
5. Fibonnaci
6. Timeframe biases
It does depend on how you do mix up and make trade executions on this one.
your needs.Usually when it comes to TA's then it would usually talk about.
1. Common Support and Resistance Lines
2. Moving Averages
3. RSI
4. MACD
5. Fibonnaci
6. Timeframe biases
It does depend on how you do mix up and make trade executions on this one.
You can check this list of indicators here https://gist.github.com/m-ahmadi/a59f592d0800d0bcbc7621cbb898779a
I never test other indicators other than using common indicators available on TradingView. I both use MACD and RSI sometimes for the long term but for scalping I'm using "Williams fractal" that shows low or high trend signal.
If you are looking for a unique indicator that doesn't always use you can check tradingview it's free just register on them and then go to chart look for indicators and then go to the public library you can see there are likes on the right lowest must be the unique one.
I never test other indicators other than using common indicators available on TradingView. I both use MACD and RSI sometimes for the long term but for scalping I'm using "Williams fractal" that shows low or high trend signal.
If you are looking for a unique indicator that doesn't always use you can check tradingview it's free just register on them and then go to chart look for indicators and then go to the public library you can see there are likes on the right lowest must be the unique one.
thanks everyone
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