TOP 10 BEST TRADINGVIEW INDICATORS FOR 2025 for BITSTAMP:BTCUSD by Jonalius

The moving averages can be of various types, including simple (SMA), exponential (EMA), or weighted (WMA). The Positive Volume Index (PVI) is a volume-based technical indicator that tracks price movement on days with positive changes in trading volume to provide signals about trend strength and potential reversals. The Commodity Channel Index, often abbreviated as CCI, serves as a momentum-oriented technical instrument designed to pinpoint market conditions that are either overbought or oversold. Utilizing the CCI enables traders to compare the existing price of an asset against its average price during a specific time frame.

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• This indicator helps identify trends, assess their strength, spot reversals, and uncover potential trading opportunities.
• Volume is an important part in trading because it shows how traders are positioning themselves.
• Conversely, if there’s a low negative reading, this points to powerful downward momentum.

#7 FXSSI Profit Ratio Indicator

For example, if the price makes a new high but the RSI does not, this “bearish divergence” may suggest a decline, as shown in Figure 4 below. The strategy involves observing the Run Median in conjunction with other trend indicators, such as RSI, Bollinger Bands, etc. Remember to backtest this strategy and adapt it to your risk tolerance and trading style. Some of the best indicators for forex trading strategies include the MACD, Moving Average, and Stochastic Oscillator.

Chande Momentum Oscillator (CMO)

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• Some versions use the typical price (an average of the high, low, and close) instead of the price range to calculate the upper and lower points.
• We detect the spike when the profit ratio reading exceeds the value of the signal line.
• The Stochastic RSI (StochRSI) is a momentum indicator that applies the stochastic formula to RSI values rather than price data.

This can be applied to any of the timeframes such as the daily chart or 1-hour chart. As the indicator represents the average range over the last 14 bars or periods it can be used to aid in trade management techniques. The Williams %R indicator was developed by famed trader Larry Williams. The indicator represents the level of the closing price relative to the highest high for a user-specified number of bars or periods.

Top Indicators for Swing Trading

You can see that all indicators rise and fall simultaneously, turn together and also are flat during no-momentum periods (red boxes). Indicator redundancy means that a trader uses different indicators which belong to the same indicator class and then show the same information on a trader’s charts. Hakan Samuelsson and Oddmund Groette are independent full-time traders and investors who together with their team manage this website. They have 20+ years of trading experience and share their insights here. Take for instance the VIX—referred to also as the fear gauge—which reveals expected levels of market turbulence. It is illustrative of either rising apprehension among investors or prevailing complacency based on its value at any given time.

The Negative Volume Index (NVI) measures price trends during periods of declining volume. The price index is only adjusted when the volume decreases from the previous day. The indicator remains unchanged if the volume does not change or is positive. It is a momentum oscillator that moves between −100 to +100 and indicates overbought and oversold price conditions when the indicator goes beyond the +60 and best forex indicators to use -60 levels.

It is a large industry that processes trillions of dollars every day, making it bigger than the stock, cryptocurrencies, and commodities. Using good indicators is important – but testing them first is what makes a real difference. Feel free to share your experiences and join the conversation about the best Forex indicator combination that has revolutionized your trading journey. Trading in the Forex market isn’t confined to trend identification alone,… From our classic Stop Loss Cluster (SLC) Indicator to the Profit Ratio indicator and everything in between, you don’t have to stay glued to the charts again. Figure 5 – Breakout trade on 1-hour EURUSD chart using The Squeeze method.

Stock indicators’ accuracy in forecasting can vary, as they rely on historical data and assumptions about future market behavior, making them inherently uncertain. The RSI and MFI serve an essential purpose by pinpointing conditions that may be overbought or oversold, indicating possible shifts in price direction. Conversely, MACD is instrumental for traders to determine both the momentum and orientation of market tendencies, offering important signals for making trades. In contrast, trend indicators employ mathematical calculations derived from a security’s longer-term price and volume information with an aim to diminish the effects of brief fluctuations. By doing so, these indicators provide a clearer view of sustained market trends, which can be critical in guiding long-range investment strategies. The Jurik Moving Average (JMA) is a proprietary technical indicator developed by market analyst and software developer Mark Jurik.