TradingView is the go-to platform for Indian traders. With thousands of indicators available, choosing the right ones can be overwhelming. Here are the most effective indicators for Indian markets.
1. Moving Averages (EMA/SMA)
The 20, 50, and 200-day moving averages are widely followed. Crossovers between these averages often signal trend changes.
2. Relative Strength Index (RSI)
RSI measures momentum on a scale of 0-100. Values above 70 indicate overbought conditions, while values below 30 suggest oversold conditions.
3. MACD
The Moving Average Convergence Divergence indicator helps identify trend direction and momentum. Signal line crossovers provide buy/sell signals.
4. Volume Profile
Understanding volume at different price levels helps identify support and resistance zones where institutional traders are active.
5. Trend Traders Tool
Our flagship indicator combines multiple strategies into a single, easy-to-use tool that generates clear buy/sell signals with built-in risk management for NSE, BSE, and MCX.