NexusFi: Find Your Edge


Home Menu

 





Maximizing the performance of your indicators.


Discussion in Platforms and Indicators

Updated
      Top Posters
    1. looks_one Hdamare with 1 posts (0 thanks)
    2. looks_two spiderbyte87 with 1 posts (0 thanks)
    3. looks_3 Quick Summary with 1 posts (0 thanks)
    4. looks_4 kevinkdog with 1 posts (1 thanks)
    1. trending_up 1,507 views
    2. thumb_up 1 thanks given
    3. group 4 followers
    1. forum 4 posts
    2. attach_file 0 attachments




 
Search this Thread

Maximizing the performance of your indicators.

  #1 (permalink)
Hdamare
Charlotte NC USA
 
Posts: 2 since Jun 2012
Thanks Given: 0
Thanks Received: 1

Good afternoon! I day trade futures, specifically the Mini Russell (TF), Mini S&P (ES), and the Mini Dow (YM). I was trained to get in on the turning point of the market i.e. change in direction. Lately I notice the timing of my indicators seems to be off. Is there an "optimal setting" for indicators? I love the system I use, and am simply trying to optimize it.

Thanks in advance! :-)

Harry

Reply With Quote

Can you help answer these questions
from other members on NexusFi?
Futures True Range Report
The Elite Circle
My NT8 Volume Profile Split by Asian/Euro/Open
NinjaTrader
Are there any eval firms that allow you to sink to your …
Traders Hideout
The space time continuum and the dynamics of a financial …
Emini and Emicro Index
Better Renko Gaps
The Elite Circle
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Get funded firms 2023/2024 - Any recommendations or word …
61 thanks
Funded Trader platforms
38 thanks
NexusFi site changelog and issues/problem reporting
26 thanks
GFIs1 1 DAX trade per day journal
19 thanks
The Program
18 thanks
  #3 (permalink)
 spiderbyte87 
Portland, OR
 
Experience: Intermediate
Platform: Ninjatrader
Trading: CL
Posts: 82 since May 2013
Thanks Given: 17
Thanks Received: 48



Hdamare View Post
Good afternoon! I day trade futures, specifically the Mini Russell (TF), Mini S&P (ES), and the Mini Dow (YM). I was trained to get in on the turning point of the market i.e. change in direction. Lately I notice the timing of my indicators seems to be off. Is there an "optimal setting" for indicators? I love the system I use, and am simply trying to optimize it.

Thanks in advance! :-)

Harry

What indicator are you talking about? I'm going to guess it's an oscillator, but that's just a guess

Reply With Quote
  #4 (permalink)
 kevinkdog   is a Vendor
 
Posts: 3,647 since Jul 2012
Thanks Given: 1,890
Thanks Received: 7,338


Hdamare View Post
Good afternoon! I day trade futures, specifically the Mini Russell (TF), Mini S&P (ES), and the Mini Dow (YM). I was trained to get in on the turning point of the market i.e. change in direction. Lately I notice the timing of my indicators seems to be off. Is there an "optimal setting" for indicators? I love the system I use, and am simply trying to optimize it.

Thanks in advance! :-)

Harry

That is one major problem with indicators. Sometimes they are dead on, but not often than not they are a little "off." Optimizing and changing parameter values might temporarily fix the issue, but soon enough the new values will also be "off."

It is a never ending chase to find the right values. Kind of like a dog chasing its tail.

Follow me on Twitter Reply With Quote
Thanked by:
  #5 (permalink)
mikorn83
Gdansk/Poland
 
Posts: 33 since Feb 2014
Thanks Given: 8
Thanks Received: 23

I used to have the same issue with indicators. Now I know the less indicators on the chart the better. Sometimes they give me great signals and sometimes it was totally off. I have a system with EMA and MACD indicators (YM scalping thread), but I'm trying to focus on a pure price action scalping with no indicators. Indicator is an evil thing

Reply With Quote




Last Updated on April 24, 2014


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts