What are the red and blue numbers in TradingView? (2024)

What are the red and blue numbers in TradingView?

The label at the end of the histogram displays the state of the MAs, oscillators, and the overall rating. Its color is determined by the value of the rating selected in the Rating is based on field: gray for neutral, blue for Buy or Strong Buy, red for Sell or Strong Sell.

What are the red and blue prices on TradingView?

If you bought (in a long position) the box will be blue, and if you sold (in a short position) it will be red. Long position (you are hoping the price will go up!) Short position (you are hoping the price will go down!)

What is blue and red indicator in TradingView?

Red is bearish and Blue is bullish. It turns Blue when the WAVE line crosses above the signal and holds for 1 bar.

What is the red and blue arrow in TradingView?

These arrows indicate where this particular strategy suggests opening and closing positions. If you are looking to open a long position, an up blue arrow indicates the entry point, while the red arrow indicates the exit point. Of course, if you are looking to open a short position, the arrows indicate the opposite.

What do the colors mean in TradingView volume?

Red-colored candle bars indicate a decrease in trading volume. Green-colored candle bars indicate an increase in trading volume. The transparent yellow cloud above the volume bars represents the 21-bar moving average volume, which shows the average volume over the specified period.

What is red list in TradingView?

The Red list is a default item and can not be deleted. Without it, you wouldn't know that a flagged list actually existed, so we're gonna keep it there if that's OK with you.

How do you read a price range on TradingView?

This tool allows user to place points vertically on two different prices. A shaded box will then appear between the chosen points showing the range of the prices. Text will also appear along the box displaying the total size of the price moving in terms of actual share price, percentage and pips (ticks).

What are the 5 indicators in TradingView?

5 Technical Indicators for Smart Trading
  • Moving Averages: Riding the Waves of Market Trends. ...
  • Relative Strength Index (RSI): Gauging Overbought and Oversold Conditions. ...
  • Bollinger Bands: Embracing Volatility for Profitable Trades. ...
  • Moving Average Convergence Divergence (MACD): Capturing Trend Changes.
Nov 10, 2023

Which is the most accurate indicator in TradingView?

Best TradingView Indicators: Supertrend Indicator

The indicator helps traders quickly discern bullish or bearish trends, offering a straightforward approach to real-time adaptation of trading strategies.

What indicator tells you when to buy and sell in TradingView?

This indicator is the Mobo Bands (Momentum Breakout Bands). These bands are bollinger bands that have an adjusted standard deviation. There are Buy signals when it has momentum breakouts above the bands for moves to the upside and Sell signals when it has momentum breakouts below the bands for moves to the downside.

What do indicators mean on TradingView?

An indicator is a function built on the basis of trading statistics (such as opening and closing prices, minimum and maximum prices, trading volumes, etc.), the analysis of changes in the values of which allows predicting the future movement of the market.

What are TradingView indicators?

The indicator displays the number of visible bars on the screen (in the upper right corner), including the prices of the highest and lowest bars, the maximum or minimum value of the Awesome Oscillator (similar to MACD 5-34-5) for identify the 3-wave Elliott peak in the interval of 100 to 140 bars according to the ...

What are the different indicators per chart in TradingView?

As of now dec 2023, TradingView only allows 2 indicators on chart for basic (free) accounts. Actually you only need 2 indicators and in those 2 indicators you add all indicators you want to use. One indicator for top like moving average (on the price indicator) and one for below the price indicator like rsi or macd.

How to interpret volume on TradingView?

High volume points to a high interest in an instrument at its current price and vice versa. A sudden increase in trading volume points to a increased probability of the price changing. News events are typical moments when volume can increase. Strong trending moves go hand in hand with an increased trading volume.

What is a good volume indicator on TradingView?

The Money Flow Index (MFI), considered one of the best volume indicators for day trading, is an oscillator that offers a quick glimpse into the buying and selling pressure on an asset. It combines both price and volume to create a more comprehensive view of market sentiment.

Which volume indicator is best in TradingView?

Top 10 Best Volume Indicators in TradingView:
  • #1 On-Balance-Volume (OBV) ...
  • #2 Accumulation/Distribution Line (A/D Line) ...
  • #3 Fixed Range Volume Profile. ...
  • #4 Money Flow Index (MFI) ...
  • #5 Chaikin Money Flow (CMF) ...
  • #6 Volume-Weighted Average Price. ...
  • #7 Volume Relative Strength Index. ...
  • #8 Price Volume Trend Indicator.
Jan 1, 2024

What are the blue dots in Tradingview?

The system starts with appearance of blue dots at the bottom of the chart. These blue dots signifies the setup in making. At the same time, it tells you what trade to take and at what price. If the next set of conditions are met, the system gives you trade signal in the form of a box,...

What does red mean on a stock chart?

On many tickers, colors are also used to indicate how the stock is trading. Here is the color scheme most platforms use: Green indicates the stock is trading higher than the previous day's close. Red indicates the stock is trading lower than the previous day's close.

What does red mean in trading?

Daily trading range.

Red means the security was down compared to the previous day; black means the stock was unchanged or up. Charts may alternatively use green to represent up days.

What is 1 range in TradingView?

1 Range equals one minimum price change.

Is TradingView good for day trading?

TradingView is known for its charting tools, technical analysis capabilities, and flexibility across devices. But is it suitable for day trading? The short answer is yes. Its chart types, drawing tools, and watchlist functionalities have made it a favorite among day traders.

How do you read a price volume indicator?

The idea behind the indicator is to multiply the market volume of a stock by the percentage change in its price. If the price of the stock declines, the value of the indicator falls. If the price increases, the value rises.

What is red flag in TradingView?

The red flag, as well as the corresponding list, is part of the basic kit. This color is available to all registered users and the list is always there even if there are no symbols in it.

What is the triple top indicator in TradingView?

Triple top is a bearish chart pattern which is formed in an uptrend where three tops are lying on a flat horizontal resistance line and pattern will activate only when closing below the neckline or support. Pattern will activate only below the closing 3475 marks.

What indicator do most traders use?

10 most popular indicators for trading
  • Moving Average Convergence Divergence (MACD) ...
  • Stochastic Oscillator. ...
  • Bollinger Bands. ...
  • Relative Strength Index (RSI) ...
  • Fibonacci Retracement. ...
  • Standard Deviation. ...
  • Ichimoku Cloud. ...
  • Client Sentiment. IG client sentiment provides insights into the positioning of traders in a specific market.

References

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