Hi
A good indicator will give you good trading signals in advance .Most of the free indicators are lagging and give you information after the event and they give too many false signals to be useful
I made two custom indicators and were specially designed for me.The probability manager indicator is a combination of stochastics,rsi,adx,supertrend,macd,support and resistance,divergence indicators..It also uses price action in the indicator .Level 50 is uptrend and level -40 is down trend, inbetween is not sure.Most of the false signals are filtered out by the probability manager
The purpose of the is post is to help a new trader understand the importance of a good indicator.
There are few useful indicators that are any good
OILFXPRO
