What is the top bottom finder indicator in TradingView? (2024)

What is the top bottom finder indicator in TradingView?

The Top/Bottom Finder is a unique indicator that looks for market tops and market bottoms in real time without repainting or lagging! When this indicator suspects that a market top is forming it changes the background of the chart to bright green.

What is Top and bottom hunter indicator TradingView?

"Top and bottom Hunter" indicator combines two popular technical analysis tools, Fibonacci retracement levels and the Relative Strength Index (RSI), to identify potential trading opportunities in the market.

What is the Top one indicator in TradingView?

Bollinger Bands is also one of the best and most used indicators in TradingView. It is a useful tool in technical analysis that follows the movement of the price of a stock or market index and uses the standard deviation to tell the volatility of the stock or the market index.

What is the tops and bottoms indicator?

Tops and bottoms are vital when entering a trade, as they will decide if you are catching the train or being straight offside.... This indicator is based on the 20 weekly simple moving average and it could be used to help finding potential tops and bottoms on a weekly BTC chart.

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 4 indicators of TradingView?

This indicator is similar to the Weis Wave Volume indicator in that it shows cumulative volume for each up and down price wave. However it is calculated differently, using the Jurik moving average to determine turning points.

What is the best scalping strategy indicator in TradingView?

Volume Footprint Voids is a unique tool that uses lower timeframe calculation to plot different styles of single candle POC. This indicator is very powerful for scalping and finding very precise entry and exits, spotting potential trapped traders, and more.

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 is the best indicator to identify trend in TradingView?

The "Trend Angle" indicator serves as a tool for traders to decipher market trends through a methodical lens. It quantifies the inclination of price movements within a specified timeframe, making it easy to understand current trend dynamics.

How to find the top and bottom of a stock?

There are a few ways to determine the bottom of a market. The two most important are price and volume. When there are few sellers in the market for a stock, it has probably bottomed out. Additionally, if the average daily trading volume of a stock has dropped significantly, it has most likely bottomed out.

What is the top bottom price indicator?

The Top and Bottom indicator is using the breakout of the most recent tops and bottoms of the last x periods to start counting the number of bars elapsed since the events. When the bars count of the last bearish breakout is higher than the bars count of the last bullish breakout, a buy signal is generated.

How do you match tops and bottoms?

For example, if you're wearing a white shirt, your best bet it to wear a pair of brown pants. On the other hand, if you want to wear a darker top (such as a dark blue shirt), you could opt for a lighter pair of pants (like a pair of khaki colored pants).

What are the 5 indicators in TradingView?

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 are the best indicators for swing trading on TradingView?

The best swing trading indicators on TradingView include moving averages, RSI, Bollinger Bands, MACD, Stochastic Oscillator, Fibonacci Retracement, ATR, Ichimoku Cloud, and Volume Profile.

What indicators are best for day trading?

Some best indicators for intraday include relative strength index (RSI), moving averages, stochastic oscillator, Bollinger Bands and volume. Moving averages help traders identify trends and potential reversals, while RSI and stochastic oscillators indicate overbought or oversold conditions.

How many indicators allowed in TradingView?

TV will only allow you to use 2 indicators. But you can draw unlimited support and resistance lines on n number of scrips.

What is the most successful scalping indicator?

What are the top 3 TradingView indicators?

What is the master indicator for scalping?

The SMA Indicator

SImple Moving Average, or SMA is one of the basic scalping indicators that most traders use. It uses basic arithmetic, and shows traders the average price of the security they are trading in. It helps in identifying the market trend, whether upward or downward.

Which trading 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.

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.

What chart do most traders use?

Candlestick charts are perhaps the most widely used among active traders. In some ways, candlestick charts blend the benefits of line and bar charts as they convey both time and impact value. Each candlestick represents a specific timeframe and displays opening, closing, high, and low prices.

Which indicator is best for a 1 minute chart?

First off, both SMA and EMA are the best indicators for 1 minute scalping. The Simple Moving Average (SMA) tracks the average closing price of the last number of periods. For example, a 50-day SMA will display the average closing price of 50 trading days, where all of them are given equal weight in the indicator.

What is the best indicator for trend reversal in TradingView?

Pinbar Detector is a technical analysis tool designed to detect Pinbar patterns in financial markets. Pinbars are reversal patterns that indicate a potential change in trend. This indicator is based on an existing Pinbar detector in MQ4/5 format, originally developed by "earnforex".