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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
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:
Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.
Need help? 1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first. 2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses. 3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make. 4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance. 5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers. 6) Help using the forum? Watch this video to learn general tips on using the site.
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