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Best Indicator regardless of price? Futures/Forex
Updated June 8, 2014
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Best Indicator regardless of price? Futures/Forex
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#1 (permalink )
Alexandria, Minnesota
Experience: Beginner
Platform: Ninja trader
Broker: IB / IQFeed
Trading: Forex
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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.
Can you help answer these questions from other members on futures io?
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#3 (permalink )
virginia
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Magiklair
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 )
Market Wizard
Quebec
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Magiklair
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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#5 (permalink )
Market Wizard
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the irony.
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#6 (permalink )
Alexandria, Minnesota
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cory
Yes, I'm familiar with Japanese candlesticks
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#7 (permalink )
Alexandria, Minnesota
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#8 (permalink )
Naperville IL
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Magiklair
if you don't look at price, please don't trade.
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#9 (permalink )
Alexandria, Minnesota
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supermht
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..
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#10 (permalink )
Site Administrator Swing Trader Data Scientist & DevOps
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Magiklair
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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