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Instead of an indicator, I choose 2 tick range chart squished together so it looks like an indicator. I can see where the consolidations are as well as where the market it moving. Also shows support and resistance which is where the consolidations are.
Good ole' fashion MACD, if you want to trade reversals in momentum and catch short term swings at the very top/bottom of their apex. The MACD.Avg will warn you a divergence is coming, and the MACD.Diff will pinpoint your entry bar.
Sorry, that's how they are referred as in NinjaScript. It's just the Standard MACD with 3 lines, MACD line, MACD.Avg (Signal line) and MACD.Diff (histogram).
Horizontal Lines, such as highs and lows. I am a price purist and indicators are pretty much worthless to me. If horizontal lines is not considered to be a indicator then my favorite has to be the ATR, the ATR is the only indicator that I use in conjunction with highs and lows... But I use the ATR in a non usual way.
