What is the powerful indicator in TradingView? (2024)

What is the powerful indicator in TradingView?

The best TradingView indicators in my opinion are the volume profile, Ichimoku, and Fibonacci retracements. I have been trading for nearly a decade, and I don't believe that all of the custom paid indicators advertised on other articles are worth it since these ones are built-in and free to use.

Which indicator has highest accuracy?

Which is one of the most accurate trading indicators? The most accurate for trading is the Relative Strength Index. It is considered one of the best momentum indicators for intraday trading. It helps investors identify the shares which are bought and sold in the market.

What is the leading indicator in TradingView?

The leading indicator is helpful to identify early entries and exits (especially near support and resistance). Green = trend up Red = trend down How it works: The leading indicator calculates the difference between price and an exponential moving average.

What is the most accurate trading strategy in TradingView?

The best accurate strategy for high profitable trading and having a perfect strategy for any timeframe and any market, whether it is the crypto market, forex or the stock market, is the combination of two indicators, Bullish Way's premium indicator "ARMAGEDDON" and Ichimoku.

What are the top 3 TradingView indicators?

What are the top 5 indicators on TradingView?

What are the top 5 accurate indicators?

A novice trader should know the 5 technical indicators – MA, RSI, ADX, MACD and Bollinger bands. Moving average is used to ascertain the support and resistance of a stock.

What indicator do most traders use?

Which indicator give buy and sell signals?

Stochastics are a favored technical indicator because they are easy to understand and have a relatively high degree of accuracy. It falls into the class of technical indicators known as oscillators. The indicator provides buy and sell signals for traders to enter or exit positions based on momentum.

Which indicator shows buy and sell in TradingView?

The "BUY/SELL RSI FLUX v1. 0" indicator is designed to provide buy and sell signals based on the RSI (Relative Strength Index) and price action in relation to support and resistance levels.

Which is the best indicator for intraday trading in TradingView?

What are the 4 indicators of TradingView?

This is a Wave (or Zig Zag) indicator I made to use in conjunction with the Wave Volume indicator I use. It uses the Jurik moving average to determine turning points, and will plot the tops and bottoms of the wave based on the most recent high- so you can also use to quickly find pivot highs and lows.

What is the most used strategy in TradingView?

RSI + MACD Divergence

The RSI (Relative Strength Index) and MACD (Moving Average Convergence Divergence) are two common indicators featured in many day trading guides, known for their ability to help traders identify price changes in fast-moving markets.

Which trading strategy has the highest success rate?

Indicator-Based Directional Trading

This strategy uses an indicator to determine the direction of the trade. The indicator provides a clear signal when it's time to enter or exit a trade, making it easy to work with. Traders who use this strategy can expect to see consistent results and high success rates.

Is there something better than TradingView?

TrendSpider offers an advanced, ad-free experience that stands out from TradingView and other competing products.

What is the secret indicator in TradingView?

Secret EES is a Pivot Based indicator that shows Entry Price, Target Price, and Stoploss. This is not exact Pivot Points or CPR. These ranges are corrected for better accuracy and better results. The chart is divided into Three Zones - No trade Zone, Long Zone, and Short Zone.

What is the golden ratio indicator in TradingView?

This indicator plots the Fibonacci golden zone from the last highs / lows instead of the pivots so that the resulting zone is shaped like a "wave". We believe this will help you to see the latest trend of the Fibonacci retracement levels easier.

What is the best indicator for support and resistance in TradingView?

The Peak & Valley Levels indicator is a sophisticated script designed to pinpoint key support and resistance levels in the market. By utilizing candle length and direction, it accurately identifies potential reversal points, offering traders valuable insights for their strategies.

Which indicator is best for scalping?

Which is the fastest leading indicator?

What are big 3 indicators?

Big 3 combines Taylor's checklists and favorite indicators to create the Big 3 signals. Big 3 stands for Trend, Structure, and Momentum. Criteria that when met can lead to powerful directional moves.

What is a leading indicator?

Leading indicators are proactive and preventive measures that can shed light about the effectiveness of safety and health activities and reveal potential problems in a safety and health program.

What is the holy grail strategy indicator?

The holy grail strategy involves using a combination of technical indicators and fundamental analysis to identify trends in the market. By following these trends, traders can make informed decisions on when to buy and sell assets.

Which indicator is better than MACD?

The Schaff Trend Cycle (STC) is a technical analysis indicator used in trading and investing to identify trends and generate trading signals. The STC indicator helps to identify trends in a smoother and more responsive manner compared to traditional MAs and even under certain parameters, the MACD.

Which indicator gives early signals?

Relative strength Index

It is used to give early trade signals, that is why it is a leading indicator. It helps in identifying overbought and oversold territories.