I code indicators because it is easy for me. My degree was in Computer Science.
I don't use most of the indicators that I code. But others like them so I do it simply because I can. Keeps my coding skills sharp.
Easy and simple are not the same. Lifting is simple. Lifting 10 lbs is easy. Lifting 1000 lbs is almost impossible.
If you learn how to use 1 indicator to make a profit, that's all you need.
I prefer to trade horizontal line crosses. It's simple.
I created my own type of trading - STATISTICAL TRADING. It's not technical and it's not fundamental. Price moves. You can measure the moment. Knowing the statistics of the movement is my edge.
I posted a screen shot of the TRO DASHBOARD VALUE today. It shows the average range for the number of bars you want. It displays the range for all the time frames.
Knowing what the average range is in your time frame and the next time frame can increase your take home.
Give statistics a try, you just might like them!
