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TOP 100 best indicators: post good indicators here

  • #1
  • First Post: Edited Oct 12, 2018 2:42pm May 20, 2018 4:44pm | Edited Oct 12, 2018 2:42pm
I will make a list: top 100 best indicators.

So please upload good indicators in this thread.

Good indicators are considered:
- stimulating your perspective in the market
- any trader should know about and should have seen at least once
- getting inspiration for your own system
- (naturally, I don't consider a good indicator: profitable in trading. The purpose of this thread is solely increasing our mindset and depth in the market by applying different kind of indicators.)


___________________________________________
List of good indicators:
___________________________________________

 

  1. Elliot Wave indicator: EW_ABCD_PRO_fix.ex4. Details: complete trade manager, additional windows: correlations, fib level division, multiple methods, TF switcher, currency pair 'wave count' check. https://www.forexfactory.com/showthr...0#post11262540
  2. Floating indicator 1.01.ex4. Details: choose an indicator, press ok. Now it is floating on the chart
  3. TF Heiken Ashi Arrows.mq4 https://www.forexfactory.com/showthr...6#post11092596






___________________________________________
List of great websites to download indicators
___________________________________________

1. The number 1 website every trader should definitely know is the new version of Forex TSD (mladen) which is https://forex-station.com/viewtopic....8480&t=8430755 All indicators are non-repainting and are perfect for trading. (Recommended)

2. 10.000 downloads here: https://forex-station.com/app.php/attach/6?sk=a&sd=d (Recommended)

3. Mostly old indicators: http://www.forexmt4.com/mt_yahoo/

4. https://www.mql5.com/en/market/mt4/indicator/free free indicators, very limited (for example, only usable on one currency pair, 30 days trial or parameter limitations.

5. You can download all MT4 free indicators at once Pretty handy: https://quivofx.com/indicator/ and here http://www.aboutcurrency.com/forexdo...ownloads.shtml

6. Indi's with each a screenshot: https://www.best-metatrader-indicators.com/

7. https://atozmarkets.com/trading-101/indicators and http://forexpops.com/engulfing-candle/ indi's with explanation how to use for each indicator. Note: top right corner is the green download button (at atozmarkets)


Let's make an interesting thread. If you'd like to see more interesting threads of this series:
- TOP 100 best EAs: https://www.forexfactory.com/showthread.php?t=811119
- TOP 100 best edges on forex charts: https://www.forexfactory.com/showthread.php?t=812805
- TOP 100 best threads: https://www.forexfactory.com/showthread.php?t=767232
- TOP 100 best things to-do in a Skype group: https://www.forexfactory.com/showthr...6#post11578786
- Do you have affinity to give a helping hand on the other side? Then collect and filter data in a new thread named:
--> this is how to make profit: https://www.forexfactory.com/showthread.php?t=784994
- Is collaborating the goal in forex/forexfactory? https://www.forexfactory.com/showthr...0#post11218730

Join our skype group.
  • #2
  • May 20, 2018 6:13pm May 20, 2018 6:13pm
posted many in indicator bank thread
Success is a Journey Not a Destination....... kind regards ramzam
  • #3
  • May 21, 2018 4:16am May 21, 2018 4:16am
Horizontal Line.
It never gets easier, you just get better
  • #4
  • May 21, 2018 10:26am May 21, 2018 10:26am
Quoting Shabs19
Horizontal Line.
Hard to beat.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #5
  • May 21, 2018 10:52am May 21, 2018 10:52am
Quoting michaellobry
I will make a list: top 100 best indicators. So please upload good indicators in this thread. Goal of this thread is: - creativity - stimulate sharing and discussion - upload indicators that any trader should know about and should have seen at least once - upload indicators so traders (who are reading this thread) are able to learn from the market, looking from another perspective and take inspiration
Can we get 100 indicators on here and then find someone to make an EA out of them, and then add a couple more indicators just to make sure, and then waste 6 months testing, adding, removing and adding some more indicators only for the thread to die and everyone lose hundreds of pounds because they are too lazy to learn how to trade and expect an indicator or 20 to be the Holy Grail.
  • #6
  • May 21, 2018 10:00pm May 21, 2018 10:00pm
FF has over 10.000 indicators. If we reduce this to a top tier list, we can all benefit from it.
Join our skype group.
  • #7
  • May 22, 2018 12:59am May 22, 2018 12:59am
Quoting londonboy
{quote} Can we get 100 indicators on here and then find someone to make an EA out of them, and then add a couple more indicators just to make sure, and then waste 6 months testing, adding, removing and adding some more indicators only for the thread to die and everyone lose hundreds of pounds because they are too lazy to learn how to trade and expect an indicator or 20 to be the Holy Grail.
very well said!
  • #8
  • May 22, 2018 1:43am May 22, 2018 1:43am
Hi, imho getting just 100 indicators that many agree to be top 100 will be really difficult. Just like ramzam mentioned, he has made an amazing thread containing and categorized a lot of indicators. Thank you very much ramzam

Just some things to think about:
-Who/ how will you decide which are worthy of top 100?
-Will you include the basic ones ( Lines, MA's, RSI, stochastic and bolinger bands)? what about all of their derivative indicators?
-How will you rate the indicators that require actual thought and understanding to use? ie. spotting divergences and so on...

I nominate zigzag indi, TSR line, Any ATR indi and some of mladen's indicators are pretty cool.

Best Regards,
Tzamo
"Work hard, put in the effort, and follow your dreams..." -Me
  • #9
  • May 22, 2018 1:57am May 22, 2018 1:57am
Quoting tzamo
Hi, imho getting just 100 indicators that many agree to be top 100 will be really difficult. Just like ramzam mentioned, he has made an amazing thread containing and categorized a lot of indicators. Thank you very much ramzam Just some things to think about: -Who/ how will you decide which are worthy of top 100? -Will you include the basic ones ( Lines, MA's, RSI, stochastic and bolinger bands)? what about all of their derivative indicators? -How will you rate the indicators that require actual thought and understanding to use? ie. spotting...

Reason number 5646342347979 why 95% of "traders" lose money
  • #10
  • May 22, 2018 2:41am May 22, 2018 2:41am
Quoting tzamo
I nominate zigzag indi
LOL.
Yes let’s nominate all repainting indicators here, that gives a awesome breed.

As Londonboy wrote. When you don’t see that you can’t pick an indicator without having more vital stuff for your trading then you have no idea how to trade and for sure will loose money in the long run.

Focus on risk and money management. Control you emotions fear and greed. Analyze your trades and setups over and over again.

maybe you use indicators to get a quick overview but you should never use them alone to decide when to trade.

For me another thread where all the collectors (ramzam is the king of indicator collectors and beggars for new indicators) stop by and download and upload all the stuff nobody really needs.
Please focus on the real stuff that brings you further and not on fancy calculations of past prices.
  • #11
  • May 22, 2018 2:43am May 22, 2018 2:43am
Here's my indicator... Like it?
Attached Image (click to enlarge)
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  • #12
  • May 22, 2018 3:49am May 22, 2018 3:49am
Quoting maflip
Here's my indicator... Like it? {image}
It doesn't seem to be connected to anything, does it work ? LOL
Have you got the mq4 file for that ? LOL
It never gets easier, you just get better
  • #13
  • May 22, 2018 4:04am May 22, 2018 4:04am
Quoting Shabs19
{quote} It doesn't seem to be connected to anything, does it work ? LOL Have you got the mq4 file for that ? LOL
Put it in the Indicator folder and refresh your MT4 platform.
Attached Image (click to enlarge)
Click to Enlarge Name: brain.png Size: 180 KB
Pride always comes before destruction.... -Proverbs 16:18
  • #14
  • May 22, 2018 4:06am May 22, 2018 4:06am
Quoting Expo33
{quote} Put it in the Indicator folder and refresh your MT4 platform. {image}
Can someone create an EA for this so I can backtest it? How much can I make a month from this? I have $100 in my account - want to make $1000000000 a day? Can I make that with this indicator?
  • #15
  • May 22, 2018 4:22am May 22, 2018 4:22am
Quoting Expo33
{quote} Put it in the Indicator folder and refresh your MT4 platform. {image}
I think it repaints, no I will look for something else.
It never gets easier, you just get better
  • #16
  • May 22, 2018 5:21am May 22, 2018 5:21am
I recommend to focus on classical indicators which survived trial of time. My favorite is Stochastics.
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #17
  • May 22, 2018 8:37am May 22, 2018 8:37am
Quoting michaellobry
FF has over 10.000 indicators. If we reduce this to a top tier list, we can all benefit from it.
As you have suggested it, why don't you give us your top tier list ?
It never gets easier, you just get better
  • #18
  • May 23, 2018 4:07pm May 23, 2018 4:07pm
Ok, I modified the thread conditions:
Good indicators are considered:
- stimulating your perspective in the market
- any trader should know about and should have seen at least once
- getting inspiration for your own system
- (naturally, I don't consider a good indicator: profitable in trading. The purpose of this thread is solely increasing our mindset and depth in the market by applying different kind of indicators.)

Which good indicators do you suggest or want to see?
Join our skype group.
  • #19
  • May 23, 2018 4:10pm May 23, 2018 4:10pm
Quoting tzamo
Hi, imho getting just 100 indicators that many agree to be top 100 will be really difficult. Just like ramzam mentioned, he has made an amazing thread containing and categorized a lot of indicators. Thank you very much ramzam Just some things to think about: -Who/ how will you decide which are worthy of top 100? -Will you include the basic ones ( Lines, MA's, RSI, stochastic and bolinger bands)? what about all of their derivative indicators? -How will you rate the indicators that require actual thought and understanding to use? ie. spotting...
First I'll categorize the good ones: indicators as trading manager, checking overbought/oversold levels, trending market, ranged market, etc. It's not so much the numbering/ranking of the list, but more about filtering the good ones out 100s of indicators. This will reduce the time for all of us, instead of spending 3 years plouting in 99% bad indicators and 1% good indicators.
Join our skype group.
  • #20
  • Edited Oct 31, 2022 9:22am May 23, 2018 7:32pm | Edited Oct 31, 2022 9:22am
Ok I'll bite off the first chunk...
Here is an indicator that I have been using for 1 month. I got it from the "New Dawn" thread.
Here is the result so far. I am using 1% of an $11,000.00 demo. I set 2 trades (sharing the 1%) first trade is 2:1 second is 5:1 the 5:1 is set to BE when the first trade closes. All are Daily TF but could work on any.
Chris.
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