For your automated systems only (NOT discretionary), which indicator is the most important to your system? If you have several, which one is the most commonly important, or the most important of your best system? Please don't answer if you're not into automated trading.
My favourite indicators are those that make the charts look real pretty. I like them in blue and cyan colours, those are the best. Green can look good too sometimes.
Accumulated PnL. If it goes up, you are right, if down, you are wrong. The ONLY one that really counts to consider your trading style sustainable.
My systems only trade based off price-action, so price pivots (aka swing H/L) are what they rely on. I have always used fib ratios (retracements & expansions / extensions) as a way to dynamically adapt entry/exit levels to volatility. Ironically, I never trusted any classic indicator as they are much obviously dependent on number of bars printed, which itself is very sensitive to the "noise" level in a market ... Then I found the hard way that price pivots (again, swing H/L, *nothing* to do w/ so-called "floor pivots) are also very much dependent on number of bars printed, as a result almost as much sensitive to the "noise" level. I currently use a combination of price, time & volume to identify the pivots, with quite a bit of complexity akin to fuzzy-logic.
maybe, just maybe, you would get more participation on these poll threads you like to open...IF...you also explained what would be your choices. settings. strategy. challenges. summarize and old gem thread. whatever. vs the continuous vacuum sucking sounds. tell me tell me. (empty space) intrigue us for a change.
I came across this chart on a different forum ... I have no idea what any of this represents, but it sure is very pretty.