Hi All,

I'm new to Ninja Trader 8, and trading in general.

Having downloaded the program and getting to grips with its functionailty I was keen to understand which indicators members of the forum consider essential.

I understand this is largely dependant on the markets you play but it would be good to know your thoughts on good "all-rounders".

I have used indicators in the past but have been limited in my selection; the ability to import indicators in NT8 is quite exciting!

Varg.

'Having downloaded the program and getting to grips with its functionailty I was keen to understand which indicators members of the forum consider essential.'

Snap

I was thinking the same. I am a newbie and want to download N8 indicators that would help me to trade demo account. Prectice and learn different type of orders. Day trading. Pure Price action and elliot wave is my preference. I aws thinking of their off the shelf 'Price Pattern' system selling for around $200. But purchasing that straight away to practising would be like swimming in Atlantic Ocean but not knowing how to swim. So I eagerly await responses to this post

If you were expecting a list of stock indicators that will help you make money tomorrow, then that just isn't going to happen. You can continue the search for the ''holy grail'' combination of must have indicators but that isn't going to happen either.

Why? Because they don't exist.

There are literally hundreds if not thousands of responses to your question. Every trader will give you a different answer. And for you to be able to navigate the responses as new traders you will do more harm than good. One traders "good" indicator is on another traders scrap heap.

You see, in reality, trading takes years and years of dedication and patience. You might not take that seriously but think about it this way. Are you prepared for trading to be a losing proposition for 5+ years? Will you dedicate the next 10,000 available working hours towards trading whilst burning through tens of thousands of dollars? With no income?

If you have a second income that can keep you afloat whilst you learn, then you have just doubled the time it will take for you to even be able to have confidence navigating the market. Because if you have to work your day job to make money then you are not in front of your screen day in day out learning the craft.

This is just a reality check. It is not meant to be negative, but once the illusion of making a quick buck using a few indicators has passed, you will understand that being a day trader is one of the most demanding and difficult careers one can choose.

There are plenty of resources available on FIO, however asking for "all-round" indicators probably won't get your very far.