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My Top 5 Day Trading Indicators

  • #1
  • First Post: Feb 14, 2021 4:46am Feb 14, 2021 4:46am
Hi Guys,

The most common question I get is "WHAT ARE THE BEST INDICATORS FOR DAY TRADING?" Well in this weeks video I answer that very question with my top 5 day trading indicators!

The video outlines:
1) WHY these top 5 indicators are important for day trading
2) LIVE trade example using these indicators as CONFLUENCE

Inserted Video


Let me know which of these indicators are your favorite and let us know what are your best day trading indicators!

Indicators mentioned can be downloaded below (5th indicator is part of the MT4 platform)

Attached File(s)
File Type: ex4 OGT ADR Indicator v1.2.ex4   52 KB | 1,463 downloads
Attached File(s)
File Type: ex4 OGT Trend Dashboard v1.2.ex4   61 KB | 1,311 downloads
Attached File(s)
File Type: ex4 OGT Round Numbers v1.0.ex4   17 KB | 1,292 downloads
Attached File(s)
File Type: ex4 OGT Pivot Points Indicator v1.1.ex4   44 KB | 1,264 downloads

Thanks,
Zoheb.
Never stop investing. Never stop improving. Never stop doing something new
  • #2
  • Feb 14, 2021 5:11am Feb 14, 2021 5:11am
My top trading indicators:
Brain - to decide
Eyes - to see what is happening
Ears - to listen to music or news
Chair - to sit
Hands - to press the button
Have a good day
Thanks for your works.
  • #3
  • Feb 14, 2021 12:54pm Feb 14, 2021 12:54pm
My top 5- PSAR cross over
Williams %R
20EM
Price Action
Price Action
  • #4
  • Feb 14, 2021 2:06pm Feb 14, 2021 2:06pm
The best 5 i've seen:

If you can make the displays of these ones start/end where the present week starts/ends, great for us.
Attached File(s)
File Type: mq4 Murrey_Math_AllTF.mq4   15 KB | 800 downloads
Attached File(s)
File Type: mq4 WRB-Hidden-Gap-Improved.mq4   11 KB | 1,047 downloads

These are quite interesting.
Attached File(s)
File Type: ex4 CurrencySlopeStrength.ex4   52 KB | 860 downloads
File Type: mq4 RSICurrencyStrength_v1.0 600+.mq4   63 KB | 900 downloads
File Type: ex4 MT4 CURRENCY POWER.ex4   10 KB | 852 downloads
Without despair & distraught, focus on Patience to FRESH MOTiVES.
  • #5
  • Feb 15, 2021 1:15pm Feb 15, 2021 1:15pm
Quoting Ihlas
My top trading indicators: Brain - to decide Eyes - to see what is happening Ears - to listen to music or news Chair - to sit Hands - to press the button Have a good day Thanks for your works.
Love it thanks!
Never stop investing. Never stop improving. Never stop doing something new
  • #6
  • Feb 15, 2021 1:15pm Feb 15, 2021 1:15pm
Quoting rockypoint
My top 5- PSAR cross over Williams %R 20EM Price Action Price Action
Hanks Rocky! Yes Price Action is so vital
Never stop investing. Never stop improving. Never stop doing something new
  • #7
  • Feb 15, 2021 1:16pm Feb 15, 2021 1:16pm
Quoting skyf
The best 5 i've seen: If you can make the displays of these ones start/end where the present week starts/ends, great for us. {file}{file} These are quite interesting. {file} {file} {file}
Great collection! Thanks for sharing
Never stop investing. Never stop improving. Never stop doing something new
  • #8
  • Feb 15, 2021 11:00pm Feb 15, 2021 11:00pm
Quoting zoheb01
Hi Guys, The most common question I get is "WHAT ARE THE BEST INDICATORS FOR DAY TRADING?" Well in this weeks video I answer that very question with my top 5 day trading indicators! The video outlines: 1) WHY these top 5 indicators are important for day trading 2) LIVE trade example using these indicators as CONFLUENCE https://youtu.be/wce0XvJB24Q Let me know which of these indicators are your favorite and let us know what are your best day trading indicators! Indicators mentioned can be downloaded below (5th indicator is part of the...

Thank you very much. it's been very useful. thanks for sharing.
  • #9
  • Edited 5:22am Feb 16, 2021 4:20am | Edited 5:22am
I have these 5 in my top:

1. Japanese Candles - for Price Action & entry
2. Moving Average - for Trend & exit
3. Stochastic - for Range & entry & exit
4. ADR - for Distance & entry & exit
5. Volume - for Quantity/Speed
Observer effect
  • #10
  • Feb 16, 2021 9:08am Feb 16, 2021 9:08am
Thanks Zoheb, found you and your YT channel today.
Great content.

Downloaded the indi's onto a chart today, have played with similar in the past.

USDCAD worked well on the 15min.
A nice long to the 1.26500 mark before rejecting off it.
Closed trade and waited.
Finally powered through it and all the way up to the ADR / 1.27 mark.
All on demo but showing nice confluences.

Nice work Sir
  • #11
  • Feb 17, 2021 3:35pm Feb 17, 2021 3:35pm
Quoting AbuSaeed
{quote} Thank you very much. it's been very useful. thanks for sharing.
Thank you, glad you found it useful.
Never stop investing. Never stop improving. Never stop doing something new
  • #12
  • Feb 17, 2021 3:36pm Feb 17, 2021 3:36pm
Quoting ryuryu
I have these 5 in my top: 1. Japanese Candles - for Price Action & entry 2. Moving Average - for Trend & exit 3. Stochastic - for Range & entry & exit 4. ADR - for Distance & entry & exit 5. Volume - for Quantity/Speed
Solid list. You may want to try my OGT Price Action Indicator for the Japanese candlesticks
Never stop investing. Never stop improving. Never stop doing something new
  • #13
  • Feb 17, 2021 3:37pm Feb 17, 2021 3:37pm
Quoting bobber70
Thanks Zoheb, found you and your YT channel today. Great content. Downloaded the indi's onto a chart today, have played with similar in the past. USDCAD worked well on the 15min. A nice long to the 1.26500 mark before rejecting off it. Closed trade and waited. Finally powered through it and all the way up to the ADR / 1.27 mark. All on demo but showing nice confluences. Nice work Sir
Great! I'm glad that my other content added value and you made some money all be it demo!
Never stop investing. Never stop improving. Never stop doing something new
  • #14
  • Feb 17, 2021 4:18pm Feb 17, 2021 4:18pm
Quoting zoheb01
{quote} Solid list. You may want to try my OGT Price Action Indicator for the Japanese candlesticks
Thanks I Don't have mt4, only mt5. So once you will create mt5 version I'll try it for sure!
Observer effect
  • #15
  • Feb 21, 2021 4:27am Feb 21, 2021 4:27am
Quoting ryuryu
{quote} Thanks I Don't have mt4, only mt5. So once you will create mt5 version I'll try it for sure!
I am working on this

The only one of my indicators to date that is available for MT5 is the OGT Trend Dashboard which you can download here - https://www.forexfactory.com/thread/...4#post13398194
Never stop investing. Never stop improving. Never stop doing something new
  • #16
  • Feb 28, 2021 4:34am Feb 28, 2021 4:34am
A number of you have requested the MT4 template I used in the video. You can get it here:

Attached File(s)
File Type: tpl OGT Day Trading.tpl   38 KB | 759 downloads

Thanks,
Zoheb
Never stop investing. Never stop improving. Never stop doing something new
  • #17
  • Sep 23, 2021 12:55pm Sep 23, 2021 12:55pm
Thank you zoheb 01
great indicators.
Is it possible to add an alarm to the indicator
ogt round numbers v 1.0 .
It would be very help ful.
Attached File(s)
File Type: ex4 OGT Round Numbers v1.0.ex4   17 KB | 439 downloads
  • #18
  • Sep 23, 2021 9:16pm Sep 23, 2021 9:16pm
I like all your indicators but my favorite is your OGR Trend Dashboard indicator because makes it very easy to see the trend on all the timeframes, unlike if you had to evaluate the trend manually on higher timeframes with trend lines etc. Indicators just make everything more simple.

Your channel seems to have plenty of great content too. I will definitely spend some time learning from you. Day trading and scalping is my preference as well (seems like that is what your channel is focused around), because you can make more profits because of compounding if you risk a % of your balance. Scalping and day trading equals more trades per day than swing traders make, and more trades equals faster compounding.

Swing traders counter argument is that they make more profits because they ride the whole swing and earn more pips, but because they make those trades on a higher TF, they also need a wider SL, which means they have to use a smaller lot size. A scalper and day trader can use a bigger lot size because the SL is smaller.
  • #19
  • Sep 28, 2021 8:32am Sep 28, 2021 8:32am
Well, the one and only indicator I like and use whenever I want to enter the market is ATR. That's all.
  • #20
  • Feb 1, 2022 6:31am Feb 1, 2022 6:31am
Hi guys, i want to know if exist any indicator for MT4 that show me where exactly my stop loss will be executed couse MT4 trigger my stop loss before the price touch the red line that represent my STOP LOSS.
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