Most important indicator

[TIKITRADER]

Quote from dom993:

I came across this chart on a different forum ... I have no idea what any of this represents, but it sure is very pretty.

I had backlight posters like that when I was a teen.

 

[tenthousandmen]

Quote from satchel:

maybe, just maybe, you would get more participation on these poll threads you like to open...IF...you also explained what would be your choices. settings. strategy. challenges. summarize and old gem thread. whatever. vs the continuous vacuum sucking sounds. tell me tell me. (empty space)

intrigue us for a change.

I guess I should of also put fibs, and a few others.


I trade on price action and volume profiles.

 

[kut2k2]

Quote from vinc:

and what do these indicators INDICATE ??

Mine indicates trend.

 

[RCG Trader]

Quote from kut2k2:

Mine indicates trend.

But why use a derivative of price to show you a trend? If price has upward prints, that is trend depending on how often you check the tape, and vice versa.

 

[kut2k2]

Quote from RCG Trader:

But why use a derivative of price to show you a trend?

Precision. I can measure trend to a degree that the eyeball crowd can only dream about.

Quote from RCG Trader:

If price has upward prints, that is trend depending on how often you check the tape, and vice versa.

I have no idea what "upward prints" are, but trend always depends on the time frame you're measuring it in. So what? That happens to be the same time frame I'm trading in, so there's hardly any incompatibilty.

 

[tenthousandmen]

Quote from RCG Trader:

But why use a derivative of price to show you a trend? If price has upward prints, that is trend depending on how often you check the tape, and vice versa.

you dont analyze level 2, 3 or maybe volume though

 

[bellman]

I don't know why, but I lawld when I read that you too have no idea what upward prints are. Maybe he means prints/trades that occur at or above the ask?

Also, I would be just fine if I never heard such an ill-defined term such as price action ever again!

That said, I found this poll interesting.

Quote from kut2k2:

Precision. I can measure trend to a degree that the eyeball crowd can only dream about. I have no idea what "upward prints" are, but trend always depends on the time frame you're measuring it in. So what? That happens to be the same time frame I'm trading in, so there's hardly any incompatibilty.

 

[HurricaneUS]

Quote from dom993:

I came across this chart on a different forum ... I have no idea what any of this represents, but it sure is very pretty.

christmas tree indicator........nice

 

[januson]

One should never put an indicator into a trading algorithm except if one has enough money to lose

but hey.. what should we do without the money that constantly flows into the market from all the dreamers.

 

[murray t turtle]

Quote from kut2k2:[Answer to ''why use a indicator- derivative of price??]

Precision. I can measure trend to a degree that the eyeball crowd can only dream about. I

=================
We would have to say amen to that.

TT;
Yes i have used a 50dma/200dma ........................system.
But as Rich''turtle'' Dennis said in a magazine interview''Its the job of the market to wreck computer systems''LOL, but true

You may improve on that;
i have.

''Strictly price?'' No horizontal or verticle lines grids'' ................?