What is your best technical indicator? Open Poll :)

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keydcuk
Trader
Posts: 104
Joined: Tue Dec 04, 2012 8:01 pm

What is your best technical indicator? Open Poll :)

Post by keydcuk »

Among indicators in which I am not a big fan of... I think the best indicators I have seen so far are...

3 Level ZZ Semafor
Doda Bands
TDI
Velocity Waves

On an opposite note, I would like to share that I think the quest for the holy grail EA lies in a place where a perfect losing system can be reversed into a winning system. I have been experimenting with building EAs out of strategies in which the results are a consistent loss. As the strategy logically makes sense, it does not trade but has a nice consistent down curve. Reverse the entry and exit conditions and Voila!

While testing this approach, so long as the strategy consistently looses, you can do this.

In my mind, this makes sense as if 95% of forex traders are losing traders, why not just do the opposite of what seems logical?

Happy Pipping! :)

Daniel
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SteveHopwood
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Location: Misterton - an insignificant village in England. Very pleasant to live in.

What is your best technical indicator? Open Poll :)

Post by SteveHopwood »

lotv is a dimwit and has had his posting privileges removed.

:xm:
Read the effing manual, ok?

Afterprime is the official SHF broker. Read about them at https://www.stevehopwoodforex.com/phpBB3/viewtopic.php?p=175790#p175790.

I still suffer from OCCD. Good thing, really.

Anyone here feeling generous? My paypal account is always in the market for a tiny donation. pianodoodler@hotmail.com is the account.

To see The Weekly Roundup of stuff you guys might have missed Click here

My special thanks to Thomas (tomele) for all the incredible work he does here.
flyingmac
Posts: 1
Joined: Wed May 25, 2016 10:46 am
Location: Portugal

What is your best technical indicator? Open Poll :)

Post by flyingmac »

Got my TDI and recentlly found nanningbob´s HGI and it´s running fast to be a must on the charts.
pipsqueek
Posts: 1
Joined: Tue May 01, 2012 8:44 am

What is your best technical indicator? Open Poll :)

Post by pipsqueek »

Hi guys,

Here is a useful indicator that I use every day - I hope you find it useful.

Cheers,
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deepdreams

What is your best technical indicator? Open Poll :)

Post by deepdreams »

lotv » Tue Apr 05, 2016 12:10 pm wrote:I use TCCI
TDI
Heiken ashi
I trade H4 and Daily....and when I am bored I do the 1H

I spend about 3-4 hours a day ....3 days a week.

I find the best time to trade is GB open which is 5pm where I live.(I close and am finished before New York opens).

Lotv.

am I doing this right?
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Revs1
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Joined: Wed Jun 01, 2016 6:08 am
Location: South Africa

What is your best technical indicator? Open Poll :)

Post by Revs1 »

I find what works best for me is hidden divergence into double divergence followed by a breakout of a 123

Use a 5 min chart looking for the divergences on a STO set at 5 and a MACD
If it doesn`t work you bail at the previous pivot which gives you a short stop,indicates trend change very well
You can keep an eye on the longer timeframes to guide you for exits
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Revs1
Posts: 5
Joined: Wed Jun 01, 2016 6:08 am
Location: South Africa

What is your best technical indicator? Open Poll :)

Post by Revs1 »

Sorry,meant RSI set at 5,not STO
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DerPat
Trader
Posts: 17
Joined: Sat Oct 08, 2016 1:24 am

What is your best technical indicator? Open Poll :)

Post by DerPat »

Japanese Candle Sticks > EMA 5 shift 2 > Volume (sometimes)
scottshepherd
Posts: 2
Joined: Sun Dec 18, 2016 2:08 pm

What is your best technical indicator? Open Poll :)

Post by scottshepherd »

Price!
TraderSam
Posts: 1
Joined: Tue Mar 02, 2021 11:20 am

What is your best technical indicator? Open Poll :)

Post by TraderSam »

For me SMA 50, 100 and 200. I don't take trades off of them, but use to gauge the market.
Price behavior n relation to these tells a big story.

In my opinion, all economic, fundamental and technical factors are sum up in these.
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