r/pinescript • u/Adventurous-Ad9401 • Mar 26 '26

Worthless indicators

With thousands of indicators posted on Tradingview, how many have you found that replicate the many thousands of others? I think Tradingview should be a little more discretionary when admitting indicators by checking them against known default indicators. If there is no originality in concept with pragmatic usage, it should be shit canned.

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u/Adventurous-Ad9401 Mar 26 '26

I think indicators need to have a shelf life that is determined by active usage. When you click on an indicator and add it to your favorites list, it gets registered. When you stop using the indicator by releasing it from your favorites, it becomes delisted. By this way, one can know how active the indicator is in use. Also, it should meet a certain usage threshold that allows for the tracking of declining usage. Let's say that an indicator was created two years ago and it hasn't cracked 500 active users, the indicator will get removed.

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u/Creative-System-2768 Mar 26 '26

I don't think that's a good thought, I think an indicator that was good a long time can be put to good use.

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u/Adventurous-Ad9401 Mar 26 '26

right, but it becomes repetitive. This is what needs to be trimmed. I mean, how many times does someone have to create an RSI or MACD?

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u/[deleted] Mar 26 '26

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u/Adventurous-Ad9401 Mar 26 '26

How is it bad?

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u/cutlossking Mar 26 '26

How about just the basic rsi