Archived — below our codifiability bar

BEST indicator

Dive into our review of the 'BEST indicator,' a custom trading tool by DaviddTech. Learn about its potential utility and unique insights for traders.

Published · Archived · Methodology: Technical Indicators

  • Algo score: 70%
  • Discretionary score: 30%

This strategy was decoded from a public trading video but did not clear Strategy Decoder's codifiability bar: the extraction could not pin the rules down precisely enough to be turned into a reviewable specification. It is kept here as a reference post-mortem rather than as a strategy you can trade or backtest.

  • Methodology: Technical Indicators
  • Content type: indicator

Indicators mentioned

  • BEST indicator (custom)

Why this strategy was archived

Custom indicators are composite tools: a trader bundles several calculations into a single overlay or oscillator so that what would otherwise be three or four separate readings arrives as one visual signal. This entry decodes "Maybe The BEST indicator I have EVER made..." from Trading with DaviddTech, in which the creator presents an indicator of their own design and walks through how they read it on the chart.

**Why this entry is archived.** Our extraction scored this video below the codifiability bar. The indicator itself is clearly identified as the center of the approach, but the surrounding rule set is incomplete: the conditions that turn a reading into a trade — what specifically triggers entry, what invalidates it, where the stop and target sit — are referenced in passing rather than specified precisely enough to automate without guesswork. A custom tool adds a second layer to that problem, since its internal logic has to be reproduced before any rule built on top of it can be tested. An entry we cannot code faithfully does not belong in the active catalog.

**What it still offers.** The video is useful as indicator-design material. Watching a trader explain what they wanted their tool to show, and why they combined the components they did, is a better education in indicator construction than most tutorials that hand you finished settings. If you build your own tools, treat this as a design walkthrough rather than a strategy specification — and see the Technical Indicators concept hub and the active catalog for indicator-based entries where the full entry and exit conditions were successfully extracted.

Source video

Decoded from: Maybe The BEST indicator I have EVER made... by Trading with DaviddTech — watch the original

Frequently asked questions

Why is this DaviddTech indicator entry archived?

Our extraction identified the custom indicator at the center of the video but did not find a complete rule set around it — entry trigger, invalidation, stop and target are referenced rather than defined precisely enough to automate. That scored below the codifiability bar we require for the active catalog.

Is the video still worth watching?

Yes, as indicator-design material. It shows how a trader reasons about combining components into a single custom tool, which is more instructive than most tutorials that only hand over finished settings.

Why are custom indicators harder to decode than standard ones?

A strategy built on a standard indicator can be coded from public formulas. A custom tool has to be reproduced first — its internal logic and parameters must be known before any rule built on top of it can be backtested faithfully.

Where can I find codifiable indicator strategies on Strategy Decoder?

The Technical Indicators concept hub and the active catalog list decoded video strategies where full entry and exit rules were successfully extracted.

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