TradingView has become the main charting platform for traders of all experience levels. It has a clean interface, powerful tools, and extensive community support. It offers everything from bacis charts to advanced algorithmic strategy testing. If you have the right indicators and add-ons, you can improve your market analysis and make better decisions.
Platforms like Supertrade have made it even easier to combine professional-grade analytics with TradingView’s capabilities. The platform gives traders more control over their strategy execution. In this article, we’ll have a loot at the 10 best TradingView indicators that can help you optimize your analysis, and after that, we will check the five must-have add-ons that will help you to trade even better.
Top 10 TradingView Indicators
These indicators are popular among both retail and institutional traders. They work well across different markets: stocks, forex, crypto, and others.
1. Relative Strength Index (RSI)
RSI measures the speed and change of price movements. It ranges from 0 to 100. This indicator can signal overbought conditions if it is above 70 and oversold conditions if it is below 30. It’s simple but effective, and helps to identify trend reversals or confirmations.
2. Moving Average Convergence Divergence (MACD)
MACD is a trend-following momentum indicator. It consists of two moving averages and a histogram. It helps identify bullish and bearish crossovers, momentum strength, and potential entry/exit points.
3. Volume Profile
Volume Profile shows how volume is distributed across different price levels. It can help to identify areas of support and resistance.
4. Bollinger Bands
Bollinger Bands consist of a moving average with two standard deviation lines above and below it. They help to detect price volatility and determine potential breakout points.
5. Exponential Moving Average (EMA)
EMAs pay more attention to recent price data. This is why they are more responsive to short-term price movements. They are commonly used in crossover strategies and to detect trends.
6. Ichimoku Cloud
This is an all-in-one indicator. It provides information about trend direction, support and resistance, and momentum. It’s complex but very visual, this is why it is good if you want to identify the big picture at a glance.
7. Stochastic RSI
It combines the Stochastic Oscillator with RSI. It reflects price changes more sensitively. This indicator is used to spot fast momentum shifts and overbought/oversold conditions.
8. Fibonacci Retracement Tool
This is not a traditional indicator, but a built-in tool. It is used to identify potential reversal levels based on key Fibonacci ratios. This indicator is great to plan entries and exits during pullbacks.
9. Average True Range (ATR)
ATR measures market volatility and is often used to set stop-loss and take-profit levels. It doesn’t predict direction but tells you how much a market might move.
10. Supertrend Indicator
This trend-following indicator overlays directly on the chart and changes color based on market direction. It’s very helpful for new traders who want a simple visual tool to follow a trend.
5 Powerful TradingView Add-Ons
Add-ons aren’t standard indicators but are extra tools and enhancements. They may be built by TradingView or the community.
1. Auto Fib Extension & Retracement Tools
These tools help to automatically detect high-probability reversal points. They save time for traders who use Fibonacci tools frequently.
2. Session Volume Indicators
This add-on shows volume by market session (Asia, Europe, or U.S.) and helps understand who is driving price movement during different times of day. This tool is good for forex and crypto traders who are active around the clock.
3. Market Structure Indicators (Highs & Lows)
This tool helps you identify swing highs, swing lows, and market structure changes automatically. It’s great for trend traders who want to see where the price is making higher highs or lower lows.
4. Trade Management Panel
This add-on allows you to simulate trade entries, exits, and position sizing directly on the chart. It’s useful for backtesting strategies and helps to visualize trade performance.
5. Economic Calendar Overlay
It overlays major economic events (like interest rate announcements or job reports) directly onto your chart. It helps you to plan trades around potential volatility events. This tool is very useful for news-driven strategies.
Final Thoughts
TradingView offers one of the most flexible environments for technical traders. If you know how to use indicators and add-ons, and how to combine them, you can simplify your analysis, identify better entry and exit points, and improve the consistency overall.
There is no perfect indicator. This is why combine them. Start with the basics, experiment with different setups, and gradually improve your chart to match your trading style.