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Best Indicator regardless of price? Futures/Forex


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Best Indicator regardless of price? Futures/Forex
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   #1 (permalink)
 Magiklair 
Shakes
Alexandria, Minnesota
 
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Let me rephrase my question. What are some of the better paid indicators for NT? Specifically for use for futures and forex.

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 cory 
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Magiklair View Post
Hello,
I am currently using Ninja Trader and am looking into some of different indicators for futures and forex. What's the best indicator you've used, if the price was not an issue
Regards,
Brian

price bars.

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   #4 (permalink)
 trendisyourfriend 
Market Wizard
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Magiklair View Post
Hello,
I am currently using Ninja Trader and am looking into some of different indicators for futures and forex. What's the best indicator you've used, if the price was not an issue
Regards,
Brian


@cory that was an A+ test question
Price will always be an issue since an indicator is a derivative of price.

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 wldman 
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the irony.

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   #6 (permalink)
 Magiklair 
Shakes
Alexandria, Minnesota
 
Experience: Beginner
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Broker: IB / IQFeed
Trading: Forex
 
Posts: 135 since Jun 2014
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cory View Post
price bars.

Yes, I'm familiar with Japanese candlesticks

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   #7 (permalink)
 Magiklair 
Shakes
Alexandria, Minnesota
 
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Thanks

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   #8 (permalink)
 supermht 
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Magiklair View Post
Thanks

if you don't look at price, please don't trade.

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   #9 (permalink)
 Magiklair 
Shakes
Alexandria, Minnesota
 
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Posts: 135 since Jun 2014
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supermht View Post
if you don't look at price, please don't trade.

I was referring to a commercial indicator, If you didn't realize that. I understand price is an important part of trading. I've rephrased the question..
Thanks

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 Big Mike 
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Magiklair View Post
Let me rephrase my question. What are some of the better paid indicators for NT? Specifically for use for futures and forex.

There are something like 10,000 indicators on futures.io (formerly BMT).

Anyone that has been around long enough will tell you, none of them will make you profitable. Chasing after indicators is a waste of time. Indicators are tools, nothing more.

You can eat your lunch without a fork. But the fork makes it a bit easier. Trading is the same. You have to be profitable on your own. Indicators will maybe make it easier, but most people make the mistake of chasing indicators and never learn to trade.

It's all covered a hundred times over in this thread:



Mike

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