The 3 Best TradingView Indicators to Improve Your Trading (2024)

1- ARMAGEDDON 2 by Bullish way team

This indicator shows you the floor and ceiling of the market accurately. It simply issues accurate long and short signals in all time frames. It is natural that such a wonderful indicator is not free. The development team of this powerful indicator provides you this indicator permanently for $249.

Click here to get and test Armageddon indicator.

The 3 Best TradingView Indicators to Improve Your Trading (1)

This premium indicator (ARMAGEDDON 2) is one of the few indicators that is guaranteed by the development team.

Video of Bullish Way's premium indicator "Armageddon2" test :

2-Ichimoku Clouds

Ichimoku Clouds, also known as Ichimoku Kinko Hyo, is a popular technical analysis tool used in the financial markets, including cryptocurrency trading. It was developed by a Japanese journalist named Goichi Hosoda in the late 1960s.

This is a complementary indicator that must be on your chart to determine support and resistance levels.

The 3 Best TradingView Indicators to Improve Your Trading (2)

The Ichimoku Clouds consist of several components that provide a comprehensive view of price action, support and resistance levels, and potential trend reversals. The main components of the Ichimoku Clouds are:

1. Tenkan-sen (Conversion Line): This line is calculated by averaging the highest high and lowest low over a specific period, typically nine periods. It indicates short-term market momentum.

2. Kijun-sen (Base Line): Similar to the Tenkan-sen, the Kijun-sen is calculated by averaging the highest high and lowest low over a longer period, typically 26 periods. It represents medium-term market momentum.

3. Senkou Span A (Leading Span A): This component forms one of the boundaries of the Ichimoku Cloud. It is calculated by averaging the Tenkan-sen and Kijun-sen and plotted ahead of the current price action.

4. Senkou Span B (Leading Span B): This component forms the other boundary of the Ichimoku Cloud. It is calculated by averaging the highest high and lowest low over a longer period, typically 52 periods, and plotted ahead of the current price action.

5. Kumo (Cloud): The area between Senkou Span A and Senkou Span B is known as the Kumo or Cloud. It provides insights into support and resistance levels and helps identify potential trend reversals. 6. Chikou Span (Lagging Span): The Chikou Span represents the current closing price, plotted backward on the chart. It helps traders identify potential areas of support or resistance based on past price action.

Traders and analysts use the Ichimoku Clouds to assess market trends, identify potential entry and exit points, and gauge overall market sentiment. It is a versatile tool that can be applied to various timeframes and financial instruments.

3-Auto Fib Retracement

Auto Fib Retracement, also known as Automatic Fibonacci Retracement, is a technical analysis tool used in trading to identify potential levels of support and resistance in a price chart. Fibonacci retracement levels are based on the Fibonacci sequence, a mathematical sequence where each number is the sum of the two preceding ones (e.g., 0, 1, 1, 2, 3, 5, 8, 13, and so on).

Auto Fib Retracement tools automatically plot these Fibonacci retracement levels on a price chart, making it easier for traders to identify potential areas where the price may reverse or consolidate.

The most commonly used Fibonacci retracement levels are 23.6%, 38.2%, 50%, 61.8%, and 78.6%.

The 3 Best TradingView Indicators to Improve Your Trading (6)

Traders use Auto Fib Retracement to determine potential entry and exit points for trades, as well as to identify areas of potential support or resistance. By analyzing price movements in relation to these Fibonacci levels, traders can make more informed decisions about their trading strategies. It's important to note that Auto Fib Retracement is just one tool among many used in technical analysis, and it should be used in conjunction with other indicators and analysis methods to make well-rounded trading decisions.

The 3 Best TradingView Indicators to Improve Your Trading (2024)

FAQs

The 3 Best TradingView Indicators to Improve Your Trading? ›

The best TradingView indicators to use are the volume profile, anchored VWAP, Ichimoku, and Fibonacci retracements.

What are the top 3 indicators in TradingView? ›

Top 5 indicators and add-ons for TradingView
  • 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. ...
  • Range Detector. ...
  • Trendline Breakouts With Targets. ...
  • Market Structure BOS/CHOCH. ...
  • All Chart Patterns.

What is the most accurate TradingView indicator? ›

The best TradingView indicators to use are the volume profile, anchored VWAP, Ichimoku, and Fibonacci retracements.

What is the power of 3 indicator in TradingView? ›

Power of Three ( PO3 ) is one of the many concepts introduced by the Inner Circle Trader and inspired by Larry Williams. The PO3 represents a three staged Smart Money campaign: Accumulation , Manipulation , and Distribution . ICT traders assume that this pattern represents how any candle is built.

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 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 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.

What are the top 5 indicators in TradingView? ›

TOP
  • Tops & Bottoms - Day of Week Report. sbtnc Feb 7. ...
  • CARNAC Elasticity Indicator. ClassicCrypt0 Updated Mar 5. ...
  • Tops & Bottoms - Time of Day Report. sbtnc Updated Nov 15, 2023. ...
  • TTP Breaking Point. ...
  • Swing Boxes. ...
  • Reversal Points. ...
  • CM_Williams_Vix_Fix - Market Top and Bottom with multi-timeframe. ...
  • Price Action Top/Bottom.

Which indicator gives best 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 has the highest win rate? ›

10 Best Day Trading Indicators Success Rates
Day Trading IndicatorChartWin Rate
VWAP5-min93%
Weighted Moving Average5-min83%
Hull Moving Average5-min77%
Simple Moving Average5-min70%
7 more rows
Jun 4, 2023

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 power of 3 strategy trading? ›

Ict power of 3 is a strategy that reveal the market maker algorithm model for price delivery. Power of 3 simply means there are 3 things market makers algorithm do with price in ever trading days. Those 3 things are; Accumulation, Manipulation and Distribution.

What are the basic TradingView indicators? ›

Indicators, Strategies and Libraries
  • Learning Understanding ta.change. TBAjustTBA Oct 31, 2023. ...
  • console. keio Updated Apr 3, 2022. ...
  • ObjectStack. ...
  • Double Exponential Moving Average 8-20-63 Strategy. ...
  • Simple Study for Sean (threshold-triggered alert) ...
  • Multiple Moving Averages [clean] ...
  • Back to zero: Understanding series. ...
  • Basic MA.

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 are best leading indicators? ›

Popular leading indicators are the Stochastic, the Relative Strength Index (RSI), Williams %R, and the Momentum indicator.

Which indicator shows buy and sell in 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.

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 is the best paid indicator? ›

Best Paid Indicators
  • cTrader Harmonic Pattern Scanner. ...
  • cTrader Traders Dynamic Index (TDI) Professional. ...
  • cTrader Heiken-Ashi CCI WWS Indicator. ...
  • cTrader Market Status Dashboard. ...
  • cTrader Dynamic RSI Indicator. ...
  • cTrader Fast Stochastic Indicator. ...
  • cTrader Market Trading Signals. ...
  • cTrader MACD Zero-Lag Histogram.

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