What are the most profitable indicators on TradingView? (2024)

What are the most profitable indicators on 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.

What is the most successful indicator in TradingView?

As most of you know, the Moving Average Convergence Divergence, MACD, indicator is a one of the most popular indicator among traders. The MACD is a trend-momentum indicator that measures the relationship between moving averages and uses a signal line to show crossovers between the...

Which indicator is most profitable?

What is the most profitable trading strategy in TradingView?

This strategy is based candle count number also strategy analysis - Rules for buy- 1) choose Candle Number(Ex. -47) For Trade 2) Trade Sell if price is above high of day 1st candle that mean direction is upside 3) We are taking stop loss on lowest low of candle since day first candle to trade no.

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 are the top 3 indicators in TradingView?

What indicator do most traders use?

Which indicator gives 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.

What is fastest trading indicator?

The fast stochastic indicator (%K) is a momentum technical indicator that aims to measure the trend in prices and identify trend reversals. The indicator was developed by securities trader and technical analyst George Lane. The indicator is driven by two parameters: the lookback period and the smoothing parameter.

What is the most effective indicator for day trading?

Can you really make money from TradingView?

Earn with TradingView

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What is the simplest most profitable trading strategy?

One of the simplest and most widely known fundamental strategies is value investing. This strategy involves identifying undervalued assets based on their intrinsic value and holding onto them until the market recognizes their true worth.

What is the most profitable trading pattern?

The head and shoulders patterns are statistically the most accurate of the price action patterns, reaching their projected target almost 85% of the time. The regular head and shoulders pattern is defined by two swing highs (the shoulders) with a higher high (the head) between them.

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.

What is the key leading indicator?

Key Takeaways

A leading indicator is economic data that may correspond with a future movement or change in the economy. Leading economic indicators can help to predict an occurrence or forecast the timing of events and trends in business, markets, and the economy.

Which is the best indicator for intraday trading in TradingView?

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 the double top indicator in TradingView?

Double Tops A Double Top is a bearish reversal pattern, typically found when an uptrend returns back to a prior peak. It signifies a potential turning point or resistance level and could potentially reverse in... █ This indicator shows V bottom & V top patterns as well as potential V bottom & V top.

Which indicator is best for scalping?

What is the highest high value indicator?

What is the Highest High Value Indicator? The Highest High Value indicator plots the highest price reached in a specific number of periods. The default period is 14 but you can change that in the StockChartsACP platform.

What is the most accurate reversal indicator?

Some of the most effective reversal indicators include Moving Averages, Bollinger Bands, MACD, and RSI. By combining these indicators and observing key elements such as support and resistance levels, long-term trendlines, and price action, traders can accurately identify trend reversals.

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.

Which indicator is best for price action?

The most commonly used price action indicator is the study of price bars or candlesticks which give details such as the open and closing price of a market and its high and low price levels during a specific time period.

What is the most accurate buy and sell indicator?

Indicator: VWAP + 2 Moving Averages + RSI + Buy and Sell Buy and Sell Arrows (Great for use alone or in conjunction with other scripts on the chart) This indicator displays BUY (BUY) and SELL (SELL) arrows on the chart based on a combination of moving averages, VWAP and RSI.

Is there a better indicator 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.