Hi again Jetson;
IMHO it is rarely the "secret ingredients" and proprietary indicators that help you trade profitably, but a
good understanding of the essence and meaning of an analysis. Nobody will sell you the Holy Grail, although many will try to convince you they've got it and all you have to do is pay them a 5-digit sum and you'll rake in the money with 40 minutes of daily work.
Don't believe it!
A Black Box trading system will leave you in the Dark because what people sell as Black Box is lacking precisely the ingredient that I find most important: Your knowing what it measures and why it suggests you buy or sell at this specific time.
If you pick a low-cost or no-cost system, such as IC, you'll be able to study every one of the basic indicators; you'll be able to analyse and understand how they react to changes of price, volume, and momentum. And you'll be able to "see" past, present, and
likely future support and resistance trends. Those are the only chart elements you need to understand. The rest is embellishment, maybe to some extent labour-saving inasmuch as you can use a computer algorithm to speed up your decision process and make more trades in a shorter time. But how many different trades will you be making?
Others may correct me and know of an automatic position-sizer and risk calculator. I haven't found one and doubt that one really exists. So that part of your entry (and exit) decision is always up to you.
Once you've tripled or quadrupled your account base, you may feel comfortable to try and speed things up - at which time you can always "pay more to get more".
just my