Which is a better indicator ? - page 6

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Ronnie Mansolillo
5897
Ronnie Mansolillo  
Are you a scalper or you follow primary trend? 
Simon Gniadkowski
17599
Simon Gniadkowski  
Rosiman:
Are you a scalper or you follow primary trend? 
Who are you asking ?
Vivaldi
40
Vivaldi  
Sentiment indicators probably have the most power of prediction for mid n long term trend evolution. They are derivated from options and futures market, investor surveys and other stuffs. Based on human decisions. Here is an example with open interest data https://www.mql5.com/en/code/9334
Arturo Lopez Perez
175461
Arturo Lopez Perez  
tonny:
then give your opinion and leave the stage quit telling me what to do and linking to my experiments
I see this tonny vs world disputes have permeated to the MQL5 forum. LOL.
Balachandran Chandrasekar
43544
Balachandran Chandrasekar  
STOCHASTIC is the best indicator according to me.
Zofia Maclean
26
Zofia Maclean  
chandra100:
STOCHASTIC is the best indicator according to me.
Actually can you show me some special characteristic of it?
Alain Verleyen
36029
Alain Verleyen  
Zofia:
Actually can you show me some special characteristic of it?
https://www.mql5.com/en/forum/12391
Stochastic
Stochastic
  • www.mql5.com
So, please find the first thread about Stochastic Oscillator.
Ken McCormick
596
Ken McCormick  
ROMAN5:
Most indicators I find is lagging because it is based on history data.
I agree; An indicator happens, and is indicating a future event. Example: When the market forms a head, it is indicating a reversal.There is a probability of the market moving in the opposite direction. Another is when the market spikes up at increased velocity compared to the most recent action, it is indicating further upward, "bullish", price action. Another: When the market breaks out of a trading range, (price channel), it is indicating a move in the same direction as the breakout. Like a move breaking a support level, would indicate a downward, "bearish" direction. Whereas a move breaking resistance, would indicated a bullish move upward.
Antony Augustine
2769
Antony Augustine  
MACD is the best indicator.
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