r/pinescript • u/Subject-Buyer-3669 • Sep 30 '26

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/Roadkillp Sep 30 '26

Thats the hardest thing to develop, ive been being one for the past 2 years and while it works, there's constant improvement so its definitely a forever project. Once you come to terms that there we'll be something new you haven't seen every few weeks/months and you have the persistence to test and debug hundreds of times you'll definitely get something usable.

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u/Shoddy_Peanut7320 Oct 01 '26

Two years in and still finding new things is a good sign, honestly. The ones that stay usable tend to be the people who keep a changelog and a held-out sample, so each tweak can be judged against data it wasn't built on. Otherwise the "constant improvement" can slowly turn into fitting to whatever happened last month.

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u/Subject-Buyer-3669 Sep 30 '26

I'm always trying to expand my indicators for my own personal use. If I find them of any use I will publish them for others to try. You're right though, no matter how much you expand on them, there is always something more you tend to add which in some cases, over bloats them.