How many indicators are on your charts? | Traders Hideout - futures trading strategies, market news, trading charts and platforms

Traders Hideout

Discuss day trading practices and futures trading strategies on this forum for all markets. This forum is also for discussing and reviews for brokers, data feeds, and commercial or third party add-ons


How many indicators are on your charts?

  #17 (permalink)

London + UK
Trading Experience: Advanced
Platform: Proprietary Analytics
Broker/Data: Multiple broker + Multiple feed
Favorite Futures: Currently European and US equities
sands's Avatar
Posts: 442 since Dec 2013
Thanks: 241 given, 223 received

Ozquant View Post
When i started late 99 i did the usual generic subjective indicator junk , slowly progressed to a naked chart price action style over next 5 years , was pure naked for about 5-6 years and then i started my journey into the quant/algo world and now use indicators again but in a totally different way to the start . As a quant/coder i now seek binary/boolean solutions so have custom written all but 1 of the indi's i use , and the generic i use is modified at that . 100% the price action knowledge gained by using naked charts puts you at a distinct advantage to a pure programmer with minimal TA experience . I think eventually many naked traders will travel this journey .

If you can measure it you can improve it ( quant side )

If you know what you are measuring even better ( naked chart style )

Ditto. New traders should read this comment from Ozquant. Many people may suggest that simplification is the end, but imo it's only a means to clarity when learning the markets, I agree eventually the path circles back and when you get there you use tools in a very different way.

Reply With Quote
The following 6 users say Thank You to sands for this post: