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What is your favorite indicator for algotrading ?


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  #1 (permalink)
MasterYan
San Francisco, CA
 
Posts: 30 since Jul 2016
Thanks Given: 13
Thanks Received: 4

My personal top:
Renko
EMA
HeikinAshi
KeltnerChenel


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  #2 (permalink)
RHubbard
Atlanta Georgia
 
Posts: 10 since Sep 2021
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Thanks Received: 5

Various moving averages, harmonics,various stochastics (more or less quick),parabolic sar but the list is a little bit useless.
Consider this: if you do daytrading and want something precise you need something that gives you a good interpretation of what is considered noise by many other traders (eg systematic traders). The bonus comes when you're able to program (or have coded) in a proper way something that gives you a good hint of what happening in the short detailed term and on different levels (like watching and considering an object from different points of view).There is no magic indicator but you can try to approach statistically several combinations and look how they perform combined together.


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Last Updated on September 26, 2021


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