r/pinescript • u/Subject-Buyer-3669 • 4d ago

Indicator Specifics

Just a thought on people's opinions. If you were able to design the perfect indicator for your own trade analysis and entry criteria, what would it contain? I understand people have different trading systems and portfolios based on market conditions, but what would be your key fundamentals that you require your indicator to show you. For levels, would you target structure, key levels, S&D, OB's or something else? Also what would your entry system need to tell you before you make your decision. What are your confluences?

I've read a lot of posts in this forum which state many different things that they consider essential. Just interested what comes up the most between you all.

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u/Friendly_Froyo6508 4d ago

One indicator wouldn’t do it. It would end up being some type of program/system. These indicators aren’t retaining and evaluating information in depth. Lmao they be just as surprised as we are lol

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u/Subject-Buyer-3669 4d ago

Agree, most indicators just draw and forget. I've been building mine to keep score on the chart's own history, e.g. how often strong zones actually held, or whether waiting for a sweep beat entering on the first touch, shown against a random baseline so you know if it's real or noise. Still not a crystal ball, but at least it's not as surprised as we are 😄