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Characteristics of a Good Indicator

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turtlegain

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Quote from: ariezz on February 07, 2019, 07:51:10 AM
I agree with the description you gave, indeed the indicator does not need to be complicated but it is quite a simple indicator. My thinking that all indicators are the same and the accuracy of an indicator depends on the mastery of each trader, the more simple an indicator, the easier it will be to learn and understand.
he bro, the fewer indicators, the fewer decisions for entry, if there are more indicators, there will be many assumptions for entry for us
#16 - February 09, 2019, 04:54:52 AM

ariezz

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Quote from: turtlegain on February 09, 2019, 04:54:52 AM
he bro, the fewer indicators, the fewer decisions for entry, if there are more indicators, there will be many assumptions for entry for us
Yes, you are right. Fewer indicators will be easier in making decisions even though many say it is less complex but if mastery of an indicator is good then it is sufficiently supportive. Besides using a few indicators, our MT4 chart will be lighter and support the transaction speed.
#17 - February 09, 2019, 05:13:49 AM

aizafx

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There are so many indicators out there, many from these indicators claimed as good indicator,but choosing indicator also needs adjusted with our needs in trading, using so many indicator is not make better result but only will disturb our trading setup, beside that also can making platform become slow responding, so using indicator that need only one or two and not make platform been slow respond
#18 - February 09, 2019, 06:45:11 AM

javazz

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in my opinion a good indicator is simple and light to use.
#19 - October 11, 2019, 08:15:16 AM

Chiffa

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Each indicator certainly provides assistance and is also easy to understand if we want to understand it, but the indicator must also be supported by money management to make it more perfect.
#20 - November 28, 2019, 12:49:41 AM

GreenPips

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Not all simple indicators are easy to understand and not all accurate indicators must be complicated. Many traders don't realize that there are many default indicators that are actually quite accurate, simple and easy to learn even traders who master these indicators can make modifications or settings.
#21 - November 28, 2019, 04:57:37 AM

Paesan

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if in my opinion a good indicator should be easy to understand and rarely repaint, rarely repaint here is if we have used the rules for the use of the correct indicator then we repaint rarely, both indicators must be simple and not too complicated.
#22 - November 28, 2019, 06:23:19 AM

ariezz

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Quote from: Paesan on November 28, 2019, 06:23:19 AM
if in my opinion a good indicator should be easy to understand and rarely repaint, rarely repaint here is if we have used the rules for the use of the correct indicator then we repaint rarely, both indicators must be simple and not too complicated.
Understanding of an indicator depends on my interest in the indicator itself, if a trader considers the indicator to be unique, good and suitable then any complexity will be simple ;D
#23 - November 28, 2019, 06:35:56 AM

DewaFx

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A good indicator must represent the characteristics of the indicator that has minimal weaknesses, but also easy to understand. In my opinion, the default mt4 indicator that traders use most frequently in their trading system already represents a good and profitable and powerful indicator.
#24 - November 29, 2019, 05:45:37 AM

Trully Amary

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Good indicators have unique characteristics and are different from indicators in general, unique here means that these indicators have good characteristics and are suitable for market movements and different here means that they are not easily imitated by custom indicators, simple but accurate.
#25 - January 07, 2020, 04:12:52 AM

Sarijos Soros

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A good indicator can tell through whether the indicator is comfortable for us and makes a good profit, whether the indicator does not often repaint and so on. What is clear is a good indicator is not complicated, simple indicators are also many good ones.
#26 - January 07, 2020, 11:58:55 PM

Gidy

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Quote from: Sarijos Soros on January 07, 2020, 11:58:55 PM
A good indicator can tell through whether the indicator is comfortable for us and makes a good profit, whether the indicator does not often repaint and so on. What is clear is a good indicator is not complicated, simple indicators are also many good ones.
A good indicator is an indicator that is very compatible with our trading system. Not that complicated indicators are good or simple indicators are bad, but it depends on the trader understanding of the indicator.
#27 - January 08, 2020, 01:01:35 AM

dhios

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Technical indicators are the same as traders' characters so they are indeed different from one indicator to another, especially in terms of mastering the indicator itself. In my opinion, a good indicator character is rarely repaint even though all indicators are actually repaint.
#28 - January 11, 2020, 07:39:16 PM

Jska

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Quote from: dhios on January 11, 2020, 07:39:16 PM
Technical indicators are the same as traders' characters so they are indeed different from one indicator to another, especially in terms of mastering the indicator itself. In my opinion, a good indicator character is rarely repaint even though all indicators are actually repaint.
looking for or to find the right indikatot and to analyze the market well requires patience, any simple indicator if we don't understand it too free
#29 - January 12, 2020, 12:05:38 AM

farqueen

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A good indicator in my opinion has a characteristic compared to indicators in general such as rarely repaint, can be modified or custom and can be set according to the time frame and our desires and finally of course a high degree of accuracy.
#30 - January 12, 2020, 04:35:59 PM
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