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For those of us who were born without the ability to look at a trading chart and determine potential risk and success, indicators are our best friends. What is an indicator? In this article, an indicator can be simply defined as visual feedback displayed on a chart that is based on market analysis. I've found that best selection of indicators can be found at Indicator Warehouse. These indicators are specifically for NinjaTrader, a software trading platform that offers quite a few customizable ways to display trading information.

Day Trading Indicators - Top 10 Things to Look For

1. Easy and quick installation and use - setting up an indicator should be hassle-free. Who wants to sit around and configure an indicator (or guess if it's configured correctly) while the market could be having the best day it's had all week? Also, check if the indicator is automated. The less you have to do, the better. As a trader, I know how difficult it can be just deciding to ...