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How many indicators are on your charts?


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How many indicators are on your charts?

  #11 (permalink)
 
teamtc247's Avatar
 teamtc247 
Fairburn, Georgia
 
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Price action, baby! Heikin Ashi Candlesticks. Went from stuff on my charts down to a minimalist. There is plenty to get distracted on. If I were to add something back it would be a moving average at max.

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  #12 (permalink)
 researcher247 
Chicago, IL
 
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Same timeframe support & resistance.

Higher timeframe support & resistance.

That's it.

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  #13 (permalink)
 
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 Rrrracer 
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Price and volume... I roll naked

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  #14 (permalink)
 
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 Devil Man 
Fort Lauderdale
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Rrrracer View Post
Price and volume... I roll naked

TMI!!!

lol!

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  #15 (permalink)
Ozquant
Brisbane Queensland Australia
 
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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 )

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  #16 (permalink)
 
xiaosi's Avatar
 xiaosi 
Brisbane, Queensland, Australia
 
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My charts are currently running cumulative delta, a volume indicator and a trade activity monitor as extra panels. Then the main chart has intraday profiles, an atr stop line, session profiles, a price line and an instrument description. This is really many charts in one and is quite automated now.[IMG][/IMG]

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  #17 (permalink)
 
sands's Avatar
 sands 
London + UK
 
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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.

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  #18 (permalink)
 
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 deaddog 
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It depends on what is considered an indicator.

I have price and volume, a moving average on long term charts and draw trend lines on short term charts.

"The days when I keep my gratitude higher than my expectations, I have really good days" RW Hubbard
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  #19 (permalink)
 
xiaosi's Avatar
 xiaosi 
Brisbane, Queensland, Australia
 
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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 )

I agree with this however for me it was not the naked charts, but a naked dom that opened my eyes and led me to try and quantify what I was seeing. All the indicators I use now are either customized or custom coded as well and are really only there to help me check that the algorithm is performing as expected and also to enable me to see things that may benefit from coding and testing.

XS

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  #20 (permalink)
 
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 wldman 
Chicago Illinois USA
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to the current "trading" view has been parallel to the move away from the idea of automation back to manual discretionary short term directional speculation. (not really trading) The last 4-5 years I have spent way more time reverting to attribute (options strategies) that do not require ANY chart view. Second priority has been stock picking, so "portfolio management". Futures trading is entirely /ES now, takes place as a sole focus between 7:30 am cst and 11:00 am cst.

Outside of "context" meaning rates, money flow, volatility etc...which are non chart items I look at two charts that have a total of three indicators.





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