Life

What is the most accurate indicator on TradingView?

by Author

What is the most accurate indicator on TradingView?

The PIP Flow Generator is by far our most accurate and easy to use tool. It provides highly accurate Buy & Sell Signals at critical reversal points which in turn are expected to hit take profit levels. Instructions: -Bar Chart must be used with this indicator.

Should I buy Tradingviews?

TradingView is one of the best low-cost charting platforms on the web and worth the investment. There isn’t much in the way of competition when it comes to free and basic charting functionality. However, the stock screening capabilities are limited compared to the market leader Trade Ideas.

What is the most profitable trading strategy?

Supply and Demand Trading shows where are the best chances to get a reversal trend. This is the most profitable trading strategy. It gives an advantage giving a way to skip everything that is not offering a good entry. Every reversal point shows the unbalancing between the buyers and sellers.

READ ALSO:   How do you create a directory in Linux terminal?

What are the best strategies for day trading?

– Day Trading Strategy 1: Understand Your Market and Open An Account With eToro – Day Trading Strategy 2: Avoid Volatile Instruments While Trading With Capital.com – Day Trading Strategy 3: Know How and When to Use Day Trading Orders – Day Trading Strategy 4: Become an Expert via a Day Trading Simulator – Day Trading Strategy 5: Ensure you Employ a Bankroll Management Strategy – Day Trading Strategy 6: Keep Abreast of Relevant Financial News – Day Trading Strategy 7: Start Learning Technical Analysis – Day Trading Strategy 8: Automate Your Day Trading Strategy – Day Trading Strategy 9: Don’t Be Afraid to Keep Day Trading Positions Open – Day Trading Strategy 10: Choose a Suitable Low-Cost Broker

How to backtest a trading strategy?

Select the market you want to backtest and scroll back to the earliest of time

  • Plot the necessary trading tools and indicators on your chart
  • Ask yourself if there’s any setup on your chart
  • If there is,mark your entry,stop loss,profit target,and record the results of the trade
  • If there isn’t,press F12 and move the chart forward bar by bar (and it’s the à arrow key for TradingView)
  • Repeat steps 3 – 5
    • READ ALSO:   What is the criticism of NAM policy of India?

    What is forex trading strategy?

    What is ‘Forex Trading Strategy’. A forex trading strategy is a technique used by a forex trader to determine whether to buy or sell a currency pair at any given time. Forex trading strategies can be based on technical analysis, chart analysis or fundamental, news-based events.