How much would you spend max for a great indicator?

As the title say, what is the biggest amount of money that you would be willing to spend on a monthly basis for an indicator that would really help you in trading profitably?

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1. This great indicator that will help traders trade profitably will not be sold to the retail sector.

2. This indicator is not great because of the predictive math contained therein but the underlying concept behind the creation of such an indicator together with it's appropriate usage as a tool to provide better transparency to a murky random market makes it great.

The greatest and most effective indicator is my mind, so zer0 dollars.

Many "greatest" indicators already exist, each one suited to different trading styles. Yet only a small percentage of retail traders are consistently profitable. Why? Because the indicator isn't the key to success. Its the traders temperament and ability to stick to a plan that messes up what the best indicators might otherwise help you achieve.

I think Ichi is great, with a daily pivot to show some magnetic repelling/attracting levels.

What I need is to be a better trader using these tools, as the tools are good enough (i.e. 'accurate' enough) for my own trading skills and the variability of the market.

flat pricing is not really a way to do that ...
the indicator should cost less than the gain it produces, and this is based on the account balance .. so a flat price is moreless not really somethings to base a business on ..

also "great" have to be defined well .. with a track record and charts that proof it ..

anything else would be just go under the flood of the scam artists out there make a living of traders but not trade themselfs

Yes interesting concept, however it cannot be implemented.

A good way to go in such direction would just be understand how much is the average account balance (of retail traders).

I'm sure that info can be found somewhere in internet.

use a per trade license model.

instead of charge money for somethings a user can not test ..
give the indicator out for free. but bind it on a IB ..
so if the customer makes money .. you make money

if the customer has 1million on the account .. you make alot .. if 100$ you make little ..
its fair and transparent.

moving boxes is not the way to make money .. and if a user have 500.000 on an account .. you may sell it too cheap anyway ..
but the core custmers will be the ones with 500-1000$ anyway ..

so how much can you make with 1k on the account ?
if you average .. maybe 5% .. that would be 50Bucks then
but thats Before the indicator was there, so if the indicator makes another 5% .. then it would be another 50 bucks ..

charge then 50/month would make the trader breakeven (same reward with or without)
so it has to be below that.

From a fast research i would say in 2016 the average retail fx trader got around 4k in the account.

Not a big number, but somehow better than i expected.

I will pay ZERO, because there is NO GREAT indicator. All indicators are images of the PAST.

Trading is a MIND game.

Another wacky thread. I'll play....

Economic indicators are free. Nothing else is needed so,..... ZERO.

lets play, why not.
i would be happy to give half of my profit...but nothing upfront!

How much will you rent "the goose that laid the golde egg"? Stop promising fantasy and deliver reality. In other words... Let's see the product and decide for ourselves what value (if any) it has.

No promises, i only asked a question out of my curiosity.

There is nothing, absolutely nothing you can place on a chart, including indicators, trend lines, computer generated signals, or anything else that can have any effect or significance whatsoever on a moving price. Period. I personally believe that placing such nonsense on a chart is the greatest financial fallacy that has ever been introduced to the investing public. As it is written - the truth will set you free.

No indicator. No system. No strategy. Nothing will make anyone profitable.
Only perceiving what can happen next, and acting accordingly, cutting the loss and reversing the position. I say that, because I know very well what I should have done many times, but I did only few times.

Warburg and bbking:

I understand your point.
I understand that more or less all indicators ever created are not good enough in making the trader understand what's going on in the market, so they are basically useless.
And, the indicators that do give a bullish/bearish signal, are useful (profitables?) 50% of the time, we can say the world useless another time!

Before I'll vote, I'll would make sure I tested the indicator over and over again to make sure of success. It is this time I would know how much to spend. But I'll definitely give good money for any good indicator.

how much for a bridge to nowhere??