How many indicators are on your charts? | Traders Hideout


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How many indicators are on your charts?

  #10 (permalink)

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Do all the indis that provide 'levels' (such as s/r lines place manually, pivot indicators, Opening Range lines, etc.) count as one, or do they all count individually?

Same question for VWAPS. If I have a session VWAP and a daily VWAP do they count as one or two?

I don't even think of them as indicators. Pivots, s/r levels, OHLC are all just information. Perhaps if you use that information as a signal service to trade off then they could be classified as indicators. The alternative is to count everything on your chart as an indicator including the candles, wicks, colours, time, price levels, countdown timers, and anything else you see.

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