Which type of indicator is likely to perform better in terms of execution time?

The type of indicator that is likely to perform better in terms of execution time is standard indicators. Standard indicators are typically built into the platform and are optimized for performance. They leverage existing infrastructure and data structures, allowing them to execute more efficiently than formulas or scripts that require more processing overhead.

Formula indicators involve executing calculations based on other data, which can introduce complexity and potentially increase execution time, depending on the formula’s complexity and the amount of data being processed. Scripted indicators, which require writing custom scripts, can be even slower as they involve interpreting the script at runtime, which adds additional overhead rather than using the optimized pathways that standard indicators do.

Manual indicators also tend to require more user input and may lack the automation that leads to efficient execution. Therefore, standard indicators are generally the best choice for performance in execution time.