Just tell me if these T/A's compliment eachother

Hello Fellow traders,

I have been studying Bogo, Sidus, Akuma99 etc.. in an attempt not to find the holy grail but a method to trade that makes sense to me. My goal is that if I stick to it and apply all the attributes that we all struggle with at times i.e discipline, greed, emotions...da dada ,,daaaa that I can be succesful in this difficult but rewarding form of trading. SO... this is my setup and please feel free to comment (hopefully respectfully):

Chart: MT4
Timeframes: 30 min-4hrs
Currency: The majors
Trade with: MBTrading
Indicators: Bollinger Bands (20,2) To detect trends/range
Bollinger Squezee w/CCI 50(by Akuma99) To enter & exit
SMA 100 & 200 (per Akuma) To detect trend direction & S/R
EMA 5 & 12 (per Bagovino) To detect trend and confirmation
Others: Pivot Points To use as S/R and Take profits
Stop Loss/Take Profit/Trail Stops To protect my investment

Ok, so there I have put myself out there for your constructive criticism. Do these work together? Am I been redundant with some? This is just a start of a framework to learn and adapt to whatever works for me at a specific time in my life as a trader.
Thanks for your indulgence

sometimes the more indicators you use to try to compliment eachother end up crowding everything and becoming a lot more complicated than it has to, just my opinion

Hello 4rex,

You have 2 choices:
1. learn to trade someone elses system until you master it and then refine it.
2. create your own system based on what you see then refine it.

You can't list a bunch of indicators and then expect others to be able to evaluate it. Everyone has their own deal. Successful traders trade the way they do because it is what works for them. It is what they can see and makes them feel confident.

If you dont' know how to trade successfully and you don't have an Idea that you are hot on, you should look at other systems that are supposed to be successful and see if you succeed with it. If you don't succeed with it, move on until you find one that you can. Don't be surprised if most of the systems that you find are junk. Just keep looking for ideas till you find one that clicks for you. When you finally have success, refine it till you are consistent and confident.

Don't let others tell you what strategies will or won't work. Check it out for yourself. It is your money that will be out there.

This may be of help to eliminate some of the redundancy in your indicators.
I posted this list sometime back, but cannot locate the link to it now.
NOTE: The original author cited Incredible Charts as the source of his information.

Technical Indicators Categorization
I believe this topic as it is of much interest to me it is of same value to many fellow traders. When you analyze any market, you are supposedly trying to catch the whole picture or watching all sides of cube in order to reach a better decision. Even in any trading system. Robustness of a system depends enormously on measuring 4 items:

1- Trend : to indicate direction of trend.
2- Momentum : to measure the speed at which price is changing.
3- Volume : to confirm the strength of trend.
4- Volatility : to confirm price behavior.

Neglecting any item may affect system's performance. On the other hand, some indicators measures 2 items.

Examples of each category indicators:

1- Trend indicators:
Most trend indicators lose money during a ranging market as fluctuations in a narrow price band tend to whipsaw traders in and out of their positions.

It is important to identify whether the market is trending or ranging and to employ indicators suited to the purpose: trend indicators for trending markets and the faster momentum indicators for ranging markets.

- Moving average
- Two Moving Averages
- Three Moving Averages

Moving Average Oscillator
- MACD
- MACD Histogram
- TRIX Indicator
- Smoothed Rate of Change

Moving Average - Overbought / Oversold
- Price Envelope
- Bollinger Bands
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2- Momentum Indicators:

Closing Price relative to previous Closing Price Momentum
- Rate of Change (Price)
- Smoothed Rate of Change
- Relative Strength Index
- TRIX Indicator

Closing Price relative to Range
- Stochastic
- Slow Stochastic
- Williams %R
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3- Volume indicators:

Volume Only
- Rate of Change (Volume)
- Volume Oscillator

Compares Closing Price and Volume
- On Balance Volume
- Price and Volume Trend
- Force Index

Compares Closing Price, Range and Volume
- Accumulation Distribution
- Chaikin Oscillator
- Money Flow Index
- Chaikin Money Flow

Compares Range and Volume
- Ease of Movement
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4- Volatility indicators:

Based on Daily Range (High - Low)
- Chaikin Volatility
- Volatility Ratio
- Average True Range

Price compared to Moving Average
- Volatility
- Bollinger Bands
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Hello,


Points well taken. I appreciate your input. The idea of incorporating an established method followed by some refinements of my own as I gain more experience is very sound advice.

Thank you to all of you