Most important indicator

Discussion in 'Automated Trading' started by tenthousandmen, Apr 29, 2012.

??????

  1. MMoving average envelopes (ex. Kelter Channel)

    2 vote(s)
    4.9%
  2. Bollinger Bands or statistical bands

    3 vote(s)
    7.3%
  3. TSI/RSI

    1 vote(s)
    2.4%
  4. ATR/RVI/volatility

    1 vote(s)
    2.4%
  5. Money flow type indicators

    2 vote(s)
    4.9%
  6. Accumlation/distribution

    0 vote(s)
    0.0%
  7. VWAP

    3 vote(s)
    7.3%
  8. Stochastics/CCI

    4 vote(s)
    9.8%
  9. ADX/DMI/other directional

    1 vote(s)
    2.4%
  10. Linear regression/R^2/other regressions

    3 vote(s)
    7.3%
  11. Standard deviation

    3 vote(s)
    7.3%
  12. MACD or spread of anything

    0 vote(s)
    0.0%
  13. Momentum oscillators

    1 vote(s)
    2.4%
  14. Not listed

    17 vote(s)
    41.5%
  1. I had backlight posters like that when I was a teen.
     
    #11     Apr 30, 2012
  2. I guess I should of also put fibs, and a few others.


    I trade on price action and volume profiles.
     
    #12     Apr 30, 2012
  3. kut2k2

    kut2k2

    Mine indicates trend. :cool:
     
    #13     May 1, 2012
  4. But why use a derivative of price to show you a trend? If price has upward prints, that is trend depending on how often you check the tape, and vice versa.
     
    #14     May 1, 2012
  5. kut2k2

    kut2k2

    Precision. I can measure trend to a degree that the eyeball crowd can only dream about. :D
    I have no idea what "upward prints" are, but trend always depends on the time frame you're measuring it in. So what? That happens to be the same time frame I'm trading in, so there's hardly any incompatibilty.
     
    #15     May 1, 2012
  6. you dont analyze level 2, 3 or maybe volume though
     
    #16     May 1, 2012
  7. bellman

    bellman

    I don't know why, but I lawld when I read that you too have no idea what upward prints are. Maybe he means prints/trades that occur at or above the ask?:confused:

    Also, I would be just fine if I never heard such an ill-defined term such as price action ever again!

    That said, I found this poll interesting.

     
    #17     May 16, 2012

  8. christmas tree indicator........nice
     
    #18     May 16, 2012
  9. januson

    januson

    One should never put an indicator into a trading algorithm except if one has enough money to lose :D

    but hey.. what should we do without the money that constantly flows into the market from all the dreamers.
     
    #19     May 17, 2012
  10. =================
    We would have to say amen to that.

    TT;
    Yes i have used a 50dma/200dma ........................system.
    But as Rich''turtle'' Dennis said in a magazine interview''Its the job of the market to wreck computer systems''LOL, but true:D

    You may improve on that;
    i have.

    ''Strictly price?'' No horizontal or verticle lines grids'':D ................?
     
    #20     May 18, 2012