What exactly are the 7 best TradingView indicators in 2022? This is one question that
One effective way to take control of your trading is to make use of the right tools, such as the stock charts. With the right stock charts, you won’t only be able to analyze price actions. In addition, you’ll be able to see various trends and discover the best levels to trade-off. Today, there are many free stock charting tools in the market. TradingView is one of the few free tools you can opt for. This tool offers a lot of features and indicators, which are effective in helping traders and investors to make more money online.
One thing you need to understand is that all indicators are never created the same. To get the best out of this stock charting tool, you need to target the indicators that’ll assist you in gaining an edge in your trading activities. Read on, to discover the 7 best TradingView indicators of 2022.
Here are the 7 best TradingView indicators of 2022
The list of the 7 best TradingView indicators of 2022 includes both paid and free indicators. You can see the full list below:
1. Market Cipher (paid)
Reasons to choose it
- Great for analytical trading
- Availability of customized indicators
There are tons of reasons why you should choose Market Cipher as your preferred indicator on TradingView. For instance, if what you’re looking for is an analytical edge in the crypto market, you’ll certainly find this indicator handy. Market Cipher offers many unique features. First, the indicator’s green dot market bottom alert is a special feature for the bull markets; it’ll assist you in longing the dips. You’ll also find this feature useful in the bear markets for temporarily opting out of shorts.
Apart from the green dot market bottom alert, other key features of Market Cipher are:
- 6 Oscillators in one
- Heiken Ashi candlesticks for accuracy
- Trade initiator & market barometer
2. Lux Algo (Paid)
Reasons to choose it
- Plenty technical indicators
- Perfect for both advanced and beginner traders
- 24/7 support
- Allows you to customize your strategy
Sitting in the second spot in the list of the top 7 best TradingView indicators of 2022 is “Lux Algo”. There are tons of reasons why you should also consider this indicator. One highlighting feature of the indicator is that it’s easy to use and perfect for both advanced and beginner traders.
Furthermore, Lux Algo offers its users both real-time alerts and signals. In addition, the indicator also provides signal settings optimization and real-time alert features.
3. Gemscode (Free)
Reasons to choose it
- Pretty easy to set up and use
- 24/7 support
- Multiple trend reversal signals
- Real-time alert
Gemscode is another indicator on the list of the top 7 best TradingView indicators of 2022. This indicator is free and perfect for both beginner and advanced buyers. It involves buy and sell signals on TradingView. These signals are based on two varying trend directions to avoid noise. Interestingly, you can also set up these signals as buy or sell alerts.
4. Squeeze Momentum (Free)
Reasons to choose it
- Clear buy and sell signals
- Perfect for day trading or swing trading
There are a lot of reasons why the Squeeze Momentum Indicator by LazyBear is a reliable TradingView indicator. If what you’re looking for is clear buy and sell signals, then this free indicator is perfect for you. Squeeze Momentum works by combining both Bollinger Bands and the Keltner Channel.
5. MacD Custom Indicator (Free)
Reasons to choose it
- Functions as trend indicator
- Clear buy and sell signals
- Functions as momentum indicator
MacD Custom Indicator is a free TradingView indicator that you can combine with other technical approaches to achieve a better trading experience. This indicator can function as a trend indicator and momentum indicator. It features multiple time frame analyses. One highlighting feature of this indicator is that it determines both trend direction and duration, using two lagging Moving Averages.
6. CM Williams Vix Fix Finds Market Bottoms (Free)
Reasons to choose it
- Technical indicators
- Availability of top-notch charting analysis
- Support is available 24/7
The CM Williams Vix Fix Finds Market Bottoms is another free indicator on the list of the top 7 best TradingView indicators of 2022. You’ll love this indicator because it offers clear buy/sell signals. These signals are available based on the price movements with regard to a moving average.
7. WaveTrend Oscillator by LazyBear (Free)
Reasons to choose it
- Perfect for beginners
- Easy to use
- Clear buy/sell signals
If you’re just starting with trading, then the WaveTrend Oscillator is a perfect TradingView indicator for you. It’s also perfect for advanced traders who are only interested in free trending TradingView indicators. WaveTrend Oscillator offers clear buy/sell signals – this is one reason to choose this indicator.
