Which is the best metatrader indicator you have on your MT4 platform? Which is the one that you don’t have but want to have?
I guess what the ‘Best’ indicator is will depend on the individual trader. Personally, my favourite indicator is my Hooya Map that someone coded for me once. Nothing complicated. Just a great visual way to display a Macd, Moving Average and Stochastic. If you have read the article on the site about the 1 day Moving average you can probably guess what I set that too. Sometimes I don’t use the stochastic so I can just switch the colour to black so I only have a Map with two lines.
Although, I love trading via indicators I am totally not naive to their limits. The Hooya map is nothing new but you can see in the chart below that it is much more visually appealing than having two indicator windows and a moving average on one chart.
So let www.greattradingsystems.com know what you think is the best indicator out there. Don’t worry if it’s an indicator you have seen on some expensive forex indicator. Most are based on basic indicators which we will either have or can get coded for you….for free!!
If a few traders can suggest their favourite indicator then I will be able to set up an official Poll on the subject.
The Hooya Map is available to download from the files in the Metatrader Indicators section.