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I just switched over to Ninjatrader 8, finally, so dumped my previous workspace.
Right now, I am running 4 indicators. In the past, I have added one on occasion and left it there to see if I found myself referring to it. If not, over time, I'd remove it again. The result, though, has been having up to 6-10 at once.
Some I retained for extended periods and those I am still using in NT8. Some others, that I had written myself, I have not yet ported to NT8.
Is it anything more than random correlation that:
1. Over 90% of retail futures traders are net losers; and
2. Over 90% of retail futures traders use price indicators?
I use Session VWAP, ATR, Volume Profile and Cumulative Delta. indicators are just your guidance in making decisions to buy or sell. people win and lose using them. so it also boils down to which indicators really makes sense to you, then ditch the rest that doesn't.
I feel and rather experienced that cluttering your worksapce with too many indicators will more often deviate you from price action . Price action is supreme and to depend overly on volume based indicators like orderflow and others will often act as barrier rather than support.
I use volume bars and one Oscillator (RSI).My trading is based on Elliott Wave and price action.