What is your favourite indicator and why ? | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Who is your favourite trading author? (books) 30 replies

What is your favourite basic indicator??? 43 replies

What is your favourite EA? 2 replies

Whats your favourite Trading Book/Movie/Show? 15 replies

What is your favourite Fx Report & Analysis provider? 2 replies

Attachments: What is your favourite indicator and why ?
Exit Attachments

What is your favourite indicator and why ?

  • #1
  • First Post: Oct 5, 2006 3:41pm Oct 5, 2006 3:41pm
Kindly post what is your most favourite indicator and why do you like it, also post a link where it can be downloaded.

MT4 version indicators.
  • #2
  • Oct 5, 2006 3:43pm Oct 5, 2006 3:43pm
Murry makes up a large portion of my trading. I happen to use it w/ esignals but have attached MT version


turbo
Attached File(s)
File Type: mq4 Murrey_Math_Line_X_eng.mq4   13 KB | 1,449 downloads
File Type: pdf Murrey_Math_Study_Notes_Intro.pdf   129 KB | 4,027 downloads
  • #3
  • Oct 5, 2006 9:40pm Oct 5, 2006 9:40pm
I need information on wolfe system, what is the best time frame to use it on, I asked because I am getting an entirely different result on different time frames, some totally contradictory to each other.
  • #4
  • Oct 5, 2006 10:19pm Oct 5, 2006 10:19pm
I like the Demarker indicator in MT4. It's very accurate in predicting tops and bottom. Works well for swing trading, especially helps in Mouteki method which is based on Demark's idea.
  • #5
  • Oct 5, 2006 10:22pm Oct 5, 2006 10:22pm
Quoting turbokaos
Murry makes up a large portion of my trading. I happen to use it w/ esignals but have attached MT version


turbo
Hey that's some great stuff you got there. Thanks for posting it.
  • #6
  • Oct 5, 2006 11:17pm Oct 5, 2006 11:17pm
Guys please help me, I need information on the Wolf system, i know its based on elliott waves, the question is which time frame is the best to use it on ?
  • #7
  • Oct 5, 2006 11:18pm Oct 5, 2006 11:18pm
Glad you like it mate it looks complex at first but when used correctly you can make a lot of money w/ it.

turbo


Quoting nitman
Hey that's some great stuff you got there. Thanks for posting it.
  • #8
  • Oct 6, 2006 12:03am Oct 6, 2006 12:03am
My favorite indicator is the Fed, the BOJ, the ECB, and politics. Maybe the Bank of England, too. North Korea threatening to set off a nuke was a good JPY indicator. OPEC threatening to tighten production was a good USD indicator. Reading the whole Wall Street Journal every day is a good indicator for everything. EMA crosses are bullshit...
"The time to act is when others show signs of tire." --W.D. Gann
  • #9
  • Oct 6, 2006 12:08am Oct 6, 2006 12:08am
Price action and the dollar index are two of my favorite indicators. After that comes fibs (all inclusive), stocs, bollingers and ma's.

Hope this helps....

MadFX
  • #10
  • Edited 12:13am Oct 6, 2006 12:10am | Edited 12:13am
BTW, supply and demand is a good indicator, too. I'll tell you all how to do this, and this is a big secret, I usually charge over $5000 for this knowledge, but here it is:

BUY LOW AND SELL HIGH!

Well, there it is, I hope it was useful, I should have kept it to myself.
"The time to act is when others show signs of tire." --W.D. Gann
  • #11
  • Oct 6, 2006 5:21am Oct 6, 2006 5:21am
<TABLE class=tborder cellSpacing=1 cellPadding=6 width="100%" align=center border=0><TBODY><TR title="Post 113305" vAlign=top><TD class=alt1 align=middle width=125>TheJungleLion</TD><TD class=alt2>Kindly post what is your most favourite indicator and why do you like it, also post a link where it can be downloaded.

MT4 version indicators.</TD></TR></TBODY></TABLE>



I like a series of moving averages But I dont use MA crossovers for entry points.I think they are too lagging for my taste(I know there are traders who use crossovers profitably but it doesn't suit my trading style).

MA's are great indicators of trend direction but if you have been trading long enough you start to see that just by looking at price action.
  • #12
  • Oct 6, 2006 6:06am Oct 6, 2006 6:06am
Quoting TheJungleLion
Kindly post what is your most favourite indicator and why do you like it, also post a link where it can be downloaded.

MT4 version indicators.
I do not use indicators at all.

sometimes i like to look at the colours of different mas (up to 6 on 4h and d1 charts) in order to "forecast" what can happen during the next day.
Quidquid latine dictum sit altum viditur
  • #13
  • Oct 6, 2006 8:41am Oct 6, 2006 8:41am
I like the moon in corelation with the sun.
Try hard, think fast, die young
  • #14
  • Oct 6, 2006 9:31am Oct 6, 2006 9:31am
Try this thread...

(http://www.forexfactory.com/forexforum/showthread.php?t=6132&highlight=wolfe)


Quoting TheJungleLion
I need information on wolfe system, what is the best time frame to use it on, I asked because I am getting an entirely different result on different time frames, some totally contradictory to each other.
  • #15
  • Oct 6, 2006 9:37am Oct 6, 2006 9:37am
Price action, everything else lags.
  • #16
  • Oct 6, 2006 10:18am Oct 6, 2006 10:18am
CCI, 50,14 and 6


My favourite indicator as it do's not lag

http://i14.photobucket.com/albums/a3...hart/cci-1.gif




Mart
----o00o--°(_)°--o00o----
  • #17
  • Oct 6, 2006 2:23pm Oct 6, 2006 2:23pm
Quoting mart-hart
CCI, 50,14 and 6


My favourite indicator as it do's not lag

http://i14.photobucket.com/albums/a3...hart/cci-1.gif




Mart
Mart, are you sure that in real time the CCI would be sloping down while the price was still rising?
  • #18
  • Oct 6, 2006 2:28pm Oct 6, 2006 2:28pm
Quoting dukeofdents
BTW, supply and demand is a good indicator, too. I'll tell you all how to do this, and this is a big secret, I usually charge over $5000 for this knowledge, but here it is:

BUY LOW AND SELL HIGH!

Well, there it is, I hope it was useful, I should have kept it to myself.
This idea go against what I have been doing, which is buy HIGH and sell even HIGHER.
  • #19
  • Oct 6, 2006 2:35pm Oct 6, 2006 2:35pm
My favourite indicator is www.forexfactory.com

Thanx to all member
  • #20
  • Oct 6, 2006 2:47pm Oct 6, 2006 2:47pm
Quoting TheJungleLion
I need information on wolfe system, what is the best time frame to use it on, I asked because I am getting an entirely different result on different time frames, some totally contradictory to each other.
The wolfe wave system looks like elliot wave. I would say 4H time frame would be best. Anything else lower has too much noise and give you wrong wave.
0 traders viewing now