Hello everyone. In my early morning studies, I summarized the information from the confirmation indicators on the excellent Stonehill Forex website. I separated them into H4 and D1 charts for ease. Thanks to Gemini Pro, it already gives us a starting point


Note: This post is a little longer than usual, but for a good reason.
Note 2: BTCUSD testing

Top 10 Indicators – 4H Timeframe
This list ranks the top-performing indicators for shorter-term trading, based on a combination of profitability, consistency, and statistical robustness.


Indicator Descriptions (4H)
Braid Filter: This is a trend confirmation indicator that measures the strength of a trend by calculating the difference between the highest and lowest values of three different exponential moving averages. This value is then compared against the Average True Range (ATR) to filter out weak or insignificant signals.  
Kase Permission Stoch Smoothed: An advanced version of the stochastic oscillator developed by Cynthia Kase. It is designed to be less prone to false signals by effectively combining the last five price bars into one, creating a smoothing effect that filters out short-term market noise. It is typically used as a two-line crossover indicator for trend confirmation.  

Laguerre: The Laguerre RSI, designed by John Ehlers, is a variation of the standard Relative Strength Index (RSI). It uses a special four-element filter to be more responsive to price changes and reduce the lag and false signals common in traditional oscillators.

Doda Stochastic: This is a modern, smoothed version of the classic Stochastic Oscillator. Its key feature is that it filters the closing price with an Exponential Moving Average (EMA) before applying the stochastic calculation. This pre-smoothing process results in a much cleaner signal line designed to reduce noise.

Momentum candles: This is a trading concept rather than a single coded indicator. It focuses on identifying candlesticks with large bodies and small wicks, which signify strong momentum and conviction from either buyers or sellers. A strategy based on these candles involves trading in the direction of these powerful price movements.

Coral: The specific mechanics of the Coral indicator are not detailed in the provided materials. However, based on its strong ROI and win rate, it is likely a trend-following or momentum-based indicator designed to capture significant price movements.

Fisher Transform: Developed by John Ehlers, this indicator transforms price into a Gaussian normal distribution. While originally intended to identify market turning points, this version functions more effectively as a trend-identifying indicator, using a histogram to show the direction and strength of the trend.  

Smoothed Momentum: This is a momentum indicator that uses a moving average to filter the raw momentum calculation. This smoothing process significantly reduces false signals and "whipsaws" compared to a standard momentum oscillator, making it easier to identify the underlying trend.  

Kalman: The specific mechanics of the Kalman indicator are not detailed in the provided materials. It is likely a type of filter, similar to a Kalman filter used in signal processing, designed to smooth price data and reduce noise to produce clearer trading signals.

Vulcan Profit: This is an arrow-based indicator that uses a combination of four moving averages (two fast and two slow) to generate buy or sell signals when they align, confirming a potential trend change.  

CRITICAL WARNING: Research indicates that some versions of this indicator are known to "repaint" (i.e., signals appear or move after the fact), which can make backtest results dangerously misleading.