In this video I want to show you two very powerful trading view indicators that will really blow your mind

Introduction

If you haven’t heard of these tools before definitely consider using them in your trading because they will be responsible for huge gains in your account in 2023 and beyond. Guys, if you want to see videos like this more often hit that subscribe button and leave a like on this video. We’re literally 3K away from hitting 100,000 subscribers so without wasting any time let’s start with the first indicator which is called the TMA overlay.

The TMA Overlay

You can access this indicator by clicking the indicators button and typing in TMA overlay. The indicator you’re looking for is created by rtfxc. Before we start using this tool, let’s make some adjustments in the settings. First of all, disable the trade sessions and certain types of candlesticks. This indicator helps identify momentum by offering a visual representation of engulfing Candlestick patterns overlaid with smoothed moving averages including 21, 50, 100, and 200 SMAs. Additionally, there are green and red triangles for buy and sell signals.

Trading Strategy

For a buy signal to appear, three bearish candlesticks in a row must be formed in a market. The opposite is true for a sell signal. The SMAs need to be aligned in a way that signals a bullish or bearish trend. There are many strategies you can create with this indicator, but let me show you one that is almost never wrong.

Neglected Volume Indicator

To enhance the accuracy of the signals, add the neglected volume indicator by dgt Rd to the chart. Look for positive volume in the market to confirm buy signals and negative volume for sell signals. Set a stop loss at the recent swing low and target at least two times the risk for each trade. Avoid taking any trades when the 21 SMA crosses below the 50 SMA, signaling a ranging market.

The Divergence Indicator

The second indicator, Divergence for Many Indicators V4 by Lonesome Blue, checks for divergencies on various indicators such as MACD, RSI, Stochastic, CCI, and more. It prints yellow labels for bullish divergences and dark blue labels for bearish divergences. To increase accuracy, add the exponential moving average to the chart and change its length.

Trading Strategy With Divergence

Look for pullbacks into the EMA for buying opportunities and wait for bearish signals to enter short trades. Confirm the trends with divergences on multiple indicators for stronger signals. Set stop losses and targets accordingly to manage risk and maximize profits.

Conclusion

Thank you for watching this video and I hope these powerful trading view indicators will help you achieve significant gains in your trading account. Experiment with different strategies and find what works best for your trading style. Stay tuned for more informative videos and happy trading!