Top 5 indicators and add-ons for TradingView (2024)

In addition to the most popular trading applications offered by FTMO to its clients, the TradingView website, which is also very popular among traders, offers an interesting analytical service. And even here, in addition to the basic tools, it is possible to use various add-ons and indicators that can make trading significantly more efficient.

Recently, we wrote an article about the best indicators and add-ons for the MetaTrader platform, as well as cTrader, through which FTMO clients can use for trading. Today we will look at a selection of several interesting tools and indicators that can enhance your trading if you use TradingView for market analysis.

Top 5 indicators and add-ons for TradingView (1)

In addition to the fact that some add-ons are offered directly by TradingView, many users provide their own solutions, often even completely free for those who do not pay for any of the extra services. In many cases, the authors even make the source code of the add-on available, allowing more savvy traders to customize it to their own specific needs.

Liquidity Sentiment Profile (Auto-Anchored)

Right off the bat, we bring you an add-on that combines several approaches that track both price and trade volume. This tool allows you to monitor the sentiment and liquidity profile on a selected market and timeframe, and in addition, it also displays support and resistance levels on the chart, while showing the price level with the highest activity on the instrument (where the Price of Control, POC, may be located).

Top 5 indicators and add-ons for TradingView (2)

More information can be foundhere.

Range Detector

Since the author of the first add-on is quite active and offers a variety of tools and indicators, we have selected a more simple indicator from him. Contrary to popular belief, markets often move within a range or sideways most of the time, so it's important to identify these ranges as early as possible.

Top 5 indicators and add-ons for TradingView (3)

This tool enables real-time monitoring of range generation. Breaking one of the range lines can help detect a new trend, and this indicator signals these breaks by modifying the range line, whether it's an uptrend or downtrend forming. These lines remain visible even after they have been breached and can subsequently serve as potential future support and resistance levels.

More information can be foundhere.

Trendline Breakouts With Targets

The opposite approach was taken by the author of another indicator, which displays market trends and their breaking, or trend change. The indicator also filters out false signals and offers the trader a Take Profit level when a correct signal is generated.

Top 5 indicators and add-ons for TradingView (4)

More information can be found here.

Market Structure BOS/CHOCH

Another interesting add-on that uses a completely different approach from previous versions is Market Structure. This approach is quite popular among traders, including many FTMO clients, and you might find this add-on useful.

Top 5 indicators and add-ons for TradingView (5)

The indicator displays all the important levels and price levels that you can take advantage of when using this approach. The indicator uses pivot points to look for break of structure and change of character points, plots levels where price reversals (order/breaker block) occur, and levels where imbalances (fair value gaps) occur.

Top 5 indicators and add-ons for TradingView (6)

More information can be foundhere.

All Chart Patterns

All previous indicators and enhancements are accessible to every TradingView user, including those who do not use one of the paid programs. Finally, for those who are subscribed to the Premium level and above, we have an interesting and entertaining add-on.

Top 5 indicators and add-ons for TradingView (7)

This tool displays all the most popular chart patterns that are most commonly used in the price action approach. You can set which patterns you want to see, you can see patterns that are still forming and the indicator will also show you the Profit Target that fits the pattern.

More information can be foundhere.

Top 5 indicators and add-ons for TradingView (8)

Today, our selection of indicators is quite limited. Just like MetaTrader and cTrader, TradingView provides traders with numerous add-ons to enhance their performance and trading efficiency. Trade safely!

Top 5 indicators and add-ons for TradingView (2024)


Top 5 indicators and add-ons for TradingView? ›

Best TradingView Indicators: Bollinger Bands. Bollinger Bands are essential for understanding and navigating market volatility in futures trading. Bollinger Bands, when used through TradingView on the Optimus Futures platform, are indispensable for understanding and navigating market volatility in futures trading.

What is the most successful indicator in TradingView? ›

Best TradingView Indicators: Bollinger Bands. Bollinger Bands are essential for understanding and navigating market volatility in futures trading. Bollinger Bands, when used through TradingView on the Optimus Futures platform, are indispensable for understanding and navigating market volatility in futures trading.

What are the 5 indicators in TradingView? ›

5 Technical Indicators for Smart Trading
  • Moving Averages: Riding the Waves of Market Trends. ...
  • Bollinger Bands: Embracing Volatility for Profitable Trades. ...
  • Moving Average Convergence Divergence (MACD): Capturing Trend Changes. ...
  • Average Directional Index (ADX): Measuring Trend Strength.
Nov 10, 2023

Which indicator has the 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 most accurate indicator TradingView for buy and sell? ›

"Johnny's Adjusted BB Buy/Sell Signal" leverages Bollinger Bands and moving averages to provide dynamic buy and sell signals based on market conditions. This indicator is particularly useful for traders looking to identify strategic entry and exit points based on volatility and trend analysis.

What is the number one indicator for trading? ›

Popular technical indicators include simple moving averages (SMAs), exponential moving averages (EMAs), bollinger bands, stochastics, and on-balance volume (OBV). Technical indicators provide insight into support and resistance levels which may be key in devising a low risk-reward ratio strategy.

What are the top 3 TradingView indicators? ›

What is a Trading Indicator on TradingView?
  1. 1 - Moving Average (MA) ...
  2. 2 - Relative Strength Index (RSI) ...
  3. 3 - Moving Average Convergence Divergence (MACD) ...
  4. 4 - Bollinger Bands. ...
  5. 5 - Volume. ...
  6. 6 - Stochastic Oscillator. ...
  7. 7 - Fibonacci Retracement. ...
  8. 8 - Average True Range (ATR)
Mar 12, 2024

How do you find the best indicator in TradingView? ›

The TradingView platform provides a wide range of indicators for both technical and fundamental market data analysis. To open the indicator selection menu, click on the Indicators button on the top toolbar. The Technicals tab contains indicators for technical analysis.

What is a magic indicator? ›

Magic Trend indicator is an indicator combining the Commodity Channel Index (CCI) and the Average True Range (ATR) indicators. The indicator is represented by a line that turns red when CCI readings are below 0 and converts to blue when CCI reaches above 0.

What is the king of all indicators? ›

In fact, the price action is the king of all indicators, and as a long-time technician I use it every single time when evaluating a chart. It is vital to follow price and not only the secondary indicators, because there will be times the price action is not in sync, and may lead you down the wrong path.

What are the top 5 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.

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 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 best indicator for intraday trading in TradingView? ›

Supertrend is one of most powerful indicators for intraday trading in TradingView's , allowing traders to identify market trends and set entry and exit points for intraday or short-term trading in combination to other indicator.

Which indicator shows buy and sell TradingView? ›

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.

Which is the best indicator for option trading in TradingView? ›

Indicators, Strategies and Libraries
  • TCLC - Options - Straddle/Strangle Chart. TraderChitra Updated Apr 11. ...
  • NSE Option Chain. KapoorChandra Updated May 4. ...
  • Pine Script Chart Viewer. ...
  • Long / Short OI Build Up. ...
  • NSE Option Straddle Candle Chart. ...
  • [Sharpe projection SGM] ...
  • Anjan - Jaishrishyam. ...
  • Volatility Estimator - YZ & RS.

What is the best trading strategy on TradingView? ›

The moving average crossover strategy involves the use of two or more moving averages of different lengths. Traders look for a crossover of shorter-term moving averages above or below longer-term moving averages to identify potential buy or sell signals. This strategy aims to capture trends and reversals in the market.

What is the best indicator for a 5 minute chart? ›

First, traders lay on two technical indicators that are available with many charting software packages and platforms: the 20-period exponential moving average (EMA) and moving average convergence divergence (MACD).

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