Indians lack creativity?

Today most of the indicators and trading strategies what ever we are using are created by foreigners. We are just utilizing. Why not we can create a advanced technical indicators and different strategies, so that foreigners will copy us :wink: ?

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If you take a look at winners of 60 day challenge, most winners are price action traders. Basically, foreigners are wasting their time on something that is not even necessary to trade. Indians are being smart enough to focus on just what is needed, price!

Indians in no way lack creativity, they are only smart enough to know what is needed.

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Sai, you can develop your own Indicators and Strategies. There are n number of possibilities. If you are smart enough and know thoroughly the markets, of course you can develop different strategies.

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I don’t think so. Indians too have developed indicators that are popular. For example Rahul Mohinder who is famous for RMO(Rahul Mohinder Oscillator) set of indicators. Then there is Chande Momentum Oscillator.

If you take it up as a challenge to question ur own topic, i see the possibility of seeing Sai Indicator in the future!

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What is this Indian / Foreign concept you are bringing into stock markets ???

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thanks for the comments… after all I realized that Indians have creativity but they wont share ideas to public and selfish. They afraid that other people will make more money than him by copying his idea.

with just price moment how can we predict entry and exit levels ?

there are price patterns that traders look for, for example winner Madan Kumar(as mentioned in his interview) looks for price pivots and decides his entry/stop based on these pivots. similarly, many other patterns are there which traders look for to decide entry/stop/target.

ok… thank u…I think pivot points are not introduced by Indians.
Is there any good patterns for entry and exit apart from pivot points…?