I have to many indicators on my charts.

Billions

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Can some of you give me a few that work well and are your favorites for day trading Futures. I have to eliminate some :)
 

mc01439

Well-known member
2019 Donor
VIP
Can some of you give me a few that work well and are your favorites for day trading Futures. I have to eliminate some :)

Try putting a limit on the number of indicators you use. I have found that for me the more indicators I am looking at the less money I make. So I decided to use no more than two windows.

For scalping I use the price window with two indicators on it. The more you depend on indicators the odds are the less you understand price and tape movement.

Have traded and tested hundreds of indicators and believe few to be of any use in successful trading. Too bad I did not learn this years before I wasted $1000"s on useless hopes.

I used and bought everything one seller created and spent 5 figures on them many years ago. Kept the codes (CD backups) for years before trashing them all. They are where they belong - at the dump.

The best advise I have is train the mind and eyes through daily study. They will become your holy grail indicator in the end.
 
Last edited:

Billions

Active member
2019 Donor
VIP
Try putting a limit on the number of indicators you use. I have found that for me the more indicators I am looking at the less money I make. So I decided to use no more than two windows.

For scalping I use the price window with two indicators on it. The more you depend on indicators the odds are the less you understand price and tape movement.

Have traded and tested hundreds of indicators and believe few to be of any use in successful trading. Too bad I did not learn this years before I wasted $1000"s on useless hopes.

I used and bought everything one seller created and spent 5 figures on them many years ago. Kept the codes (CD backups) for years before trashing them all. They are where they belong - at the dump.

The best advise I have is train the mind and eyes through daily study. They will become your holy grail indicator in the end.
Thank you for your help can I ask you what 2 indicators you use on the price window I would like to try. Thanks
 

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