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How many indicators are on your charts?
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How many indicators are on your charts?

  #1 (permalink)
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How many indicators are on your charts?

Hi guys,

New poll.

How many indicators are on your charts?

Total votes: 1509
 


Please vote and discuss.

Mike

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My setup has gotten simpler nowadays. Using Stochastics osc., vwap and opening range.. Price above vwap and stochastics in buy mode then wait for the price to sustain OR high and go long. Price below vwap and stochastics osc., in sell mode wait price to sustain below OR low and go short. That's all.

Keep It Simple
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I'm simplifying gradually as I gain in confidence

Am I saying that (at least some of) the indicators I have used in the past were just on my charts out of fear and self-doubt?

Yes.

Bob.


Last edited by bobwest; July 29th, 2018 at 07:56 AM.
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This is a 3 min chart.I have the Lizard vwap,standard macd, and a 3min5 sma.Also, weekly /monthly pivots.Lastly, yes h/l/c and todays o/h/l.So i guess7 if you count o/h/l/c data.

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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?

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Only price, time, volume. Multitimeframe view.

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xplorer View Post
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?

How do you think of them?

Bob.

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bobwest View Post
How do you think of them?

Bob.

Lol, one!

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xplorer View Post
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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