The 5 Best Trading Indicators on TradingView by@gemscode

The 5 Best Trading Indicators on TradingView

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GemsCode

GEMS CODE is a state-of-the-art trading indicator

TradingView is probably the best trading indicator charting platform for traders and investors around the world. On TradingView you can browse through a wide library of top trading indicators, discover investment ideas, and exchange thoughts with a large and active community of traders.

A well-developed and superior trading indicator on TradingView can help you stay in control, from anywhere and on any device. You can set alerts and choose whether the trading signals should be sent as an SMS, a pop-up message, or an email.

This type of flexibility in access is what makes TradingView so popular. Whether you are a short-term trader or a long-term investor, using a charting tool like TradingView will most likely improve your trading results.

Research has shown that the use of trading indicators not only puts you in a better position, it encourages people to take trades, despite any uncertainty they feel in the market. A study by Mark Fenton-O´Creevty, a Ph.D. at the Open University Business School in the UK, has shown a significant inverse relationship between high-frequency heart rate variability and market volatility and a positive relationship between high-frequency heart rate variability and trader experience.

This suggests that emotion regulation may be an important facet of trader expertise and that the use of technical trading indicators will in most cases strengthen your confidence and eventually your emotional experience in how to act in the market, even in periods of great uncertainty and high volatility.

As a trader, you do not need to know exactly where the market is going – but understanding the various possibilities and knowing what opportunities to take advantage of is key to becoming a consistently profitable trader.

Using trading indicators on Tradingview can dramatically affect the performance by changing your mindset or distracting you from discomfort. In a survey by Greenwich Associates, they conclude that 78 percent of capital markets professionals believe that technology as a whole has made markets better and more efficient.

Today, Wall Street professionals depend to a large extent on big data, technical analysis, and quantitative knowledge. A vast majority of all prop traders rely on technical indicators for their trading process and many prop firms have over the last decade hired mathematicians and tech specialists to develop technical indicators in-house. At least 65 percent of the respondents in the survey Greenwich Associates reported that they felt more confident and also increased their win-rates when trading with indicators.

Therefore, we have gone through the “Best Trading Indicators” on TradingView for you and created a list with the top 5 most popular and greatest trading indicators. Below you will find a summary of the Top 5 Best Trading Indicators on TradingView right now.

1. Best trading indicator - by Gemscode.io

Powerful trading indicators with a high degree of predictability that can be used for both trading and/or traditional stock investment strategies. Learn more here

2. Squeeze Momentum Indicator – by LazyBear

The indicator is based on John Carter’s “TTM Squeeze” volatility indicator, as discussed in his book “Mastering the Trade”.

3. MacD Custom Indicator-Multiple Time Frame – by ChrisMoody

This MacD indicator has about every option available. Defaults to chart timeframe, ability to set to lower or higher timeframe.

4. CM_Williams_Vix_Fix Finds Market Bottoms – by ChrisMoody

The indicator is based on a script developed by Larry R. Williams. This indicator catches bottoms and it works on all asset classes and instrument types.

5. WaveTrend Oscillator [WT] – by LazyBear

The WaveTrend indicator is based on an oscillator and will primarily be used for entry and exit signals.

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