Explore the best Trading-View algorithmic indicators to develop, test, and execute accurate strategies. Notably, the platform offers multiple free and paid trade indicators to execute new trades. Among all the available options, only a few signals on TV support accuracy to capitalize on the right market opportunities.
Keep in mind that the right indicators can help catch buy/sell signals, execute trend trades, and manage positions on varying timeframes. As a TV user yourself, compare various algorithmic tools to filter the right strategies. Read on for the most popular tools available for TradingView broker integrations and automation.
What Is The Best Algo Indicator On TradingView?
When it comes to the best algo indicators for trading, you have paid and free options. Many of the best providers release free alternatives to their paid or “invite-only” indicators. If you’re just starting out with automated algorithms,signals, and bots, test a few options. Find an indicator that works with your TradingView account and overall trading style. The best trading algos work for scalping, reversals, trend, and momentum strategies. Overall, the tools must support your open / close technical analysis. If you’re exploring how to use LuxAlgo signals on TradingView, start by enabling confirmation and contrarian modes. Check out the following indicator list for real-time insights and top TradingView strategies.
Smart Money Indicators
Released in 2022, the LuxAlgo’s Smart Money Indicator is TV’s highly rated . Traders can now map out market structure, order blocks and liquidity levels from hours to seconds. It tracks internal BOS and CHoCH to quickly pinpoint trend continuations or reversals in real time. Additionally, the automatic order blocks feature spots high-liquidity zones to enter trades, along with exit points and stop order placements. Moreover, liquidity levels reveal areas where stop orders accumulate, making it ideal targets for smart money traders.
Smart Money algos tool requires a strategic combination of location, direction and confirmation. Here is a proven checklist with SMI to unlock high potential:
- Frame Bias
- Liquidity Marking
- Find the Value
- Isolate A Zone
- Await Confirmation
- Execute and Manage
Apart from TV, Smart Money tool is also compatible with NinjaTrader, Thinkorswim, Metatrader 4 & 5. Additionally, you can choose a fair value gap indicator for better flexibility and reduced risk.
TradingView Indicators For Scalping
Discover advanced algo scalping with exclusive TV strategies. Scalper bots are specifically engineered to help evaluate rapid entry/exit points to earn quick profits. You can integrate these bots directly into TV dashboard to automatically find entries/exits, execute faster trades, and gain real-time insights. Once integrated, the bot can automatically detect key changes in market momentum and identify market opportunities for scalpers.
With real-time insights, you can even modify the projected entry-exit points – based on market trends, supply & demand, and resistance zones. Certainly, access a scalping bot with SMRT Algo Scalper for various TradingView brokers. You can also test a ChatGPT scalping strategy for quick moves in volatile markets.
SuperTrend Algo
Adopt the Multi-Fibonacci Supertrend Strategy for successful trade plans. This signal’s foundation is based on the Fibonacci sequence application for volatile market behavior. It uses specific Fibonacci ratios — aimed to enhance volatility analysis that are synced to potential market harmonics. Certainly, this ensures high adaptability to fluctuating market conditions. Moreover, it also incorporates LuxAlgo’s trendline detection features to identify evolving chart patterns in live-time. By using advanced state tracking, the M-FSS consistently monitors trade prices in relation to trendlines. As a result, it detects the exact moment a breakout occurs.
Lastly, the strategy is equipped with sophisticated risk management controls for multiple methods. Surely, this is a flexible approach that adjusts to market changes while protecting you from losses.
How To Back Test Indicators In TradingView (Using AI)
In addition, leverage backtesting indicators to execute more accurate trades. This AI backtesting assistant can access 5 million+ scripts to help speed up testing for new signals. Particularly, you can test Price Action Concepts, Signals, and Oscillator Matrix to find the more suitable strategies for your style. Particularly, you can employ backtesting AI trading bots to validate for all popular financial instruments, including:
- Forex
- Stocks
- ETFs
- Cryptocurrencies
- Futures
- Commodities
Leveraging conversational AI technologies, these bots automatically test all strategies and provide contextual information for simple and stress-free execution. If you’re connecting TradingView to Interactive Brokers, automated backtesting can help executed multiple carefully tested on IBKR. Keep in mind automatically updates backtesting results all the time – ensuring accurate and real-time evaluation for strategies. Additionally, you can streamline your day trade execution with Luxalgo trade reversals indicators & algorithms.
High Frequency Trading Indicators
Access high-frequency trading (HFT) tool into TV automated trading platform to identify accurate buy & sell signals. With advanced data from EMA, RSI and MACD, HFT traders like yourself can simplify the buying/shorting process to execute multiple trades throughout the day. The right settings and filters can help eliminate poor signals – while identifying the best period to execute your strategy. Keep in mind HFT day trading algo strategies take into account multiple parameters to help identify the right opportunities, including:
- Relative Volume
- Historical Performance
- Bollinger Bands
- RSI
Additionally, you are allowed to modify the reference frequency within TV to execute rapid trades – based on the asset’s volatility. This way, you can find more aggressive entry/exit points that align with your personal HFT trades.
Volume Flow Algorithm For Momentum
Utilize Volume Flow Indicator signals on TradingView.com. Spotting genuine momentum from misleading moves is critical for volume traders. The VFI combines price movement with volume dynamics to produce reliable alerts. This tool redefines traditional volume analysis through volatility adjusted boundaries and multi-layered smoothing. As a result, you can accurately identify trend changes and movements on your trading chart.
The VFI has also introduced three major innovations:
- Flexible Noise Gates: Dynamic adjustments ensure reduced misleading signals during unsure conditions.
- Institutional Volume Limits: Increased focus on institutional activity, not one-off trades.
- Non Repetitive Signals: With singular labels for each trend, you can significantly reduce chart clutter.
Furthermore, VFI’s volatility adjusted filter, directional volume flow, volume normalisation, and dual smoothing makes it ideal to identify volume-based momentum. Definitely, opt for the VFI with verified TradingView FX brokerage platforms for better implementation. Also, you can integrate the broker API platform to enhance your trade strategies.
Smart Money Concepts
Start using Smart Money Concepts as your TV Indicator. This all-in-one indicator gives you a bird-eye view on what big market players do. SMC shows you real-time market structure (internal and swing BOS & CHoCH). You also see the order blocks, premium and discount zones, and equal highs and lows. To highlight these zones and key levels, add this tool to your chart for free. In fact, the SMC has more than 2.7 million views on the TV platform. You can add it to any chart including the U.S. Dollar Index, Bitcoin, individual stocks, and more.
How traders are using the SMC:
- You can spot liquidity areas and potential points of price reaction.
- You can plan better entries and exits.
- You get the alerts for swing structures and other key changes.
- SMC gives you a clear and organised view of price action
Additionally, this code is released as open-source under the TV house rules. For more advanced users, you can review and change the code for your own parameters. Definitely try SMC indicator if you wish to trade more accurately and with precision. Also, learn how the LuxAlgo smart money concepts helps identify institutional order flow that often precedes major reversals. Additionally, you can use orderblock strategy to identify premium and discount zones, liquidity shifts, and institutional trade setups with precision.
Signals & Overlays
Choose the signals and overlays tool for strategies. This is a paid script with “invite-only” access. The toolkit contains features such as signal modes, overlays, and advanced dynamics. You can use the script directly in TV for technical analysis. The indicator is great for beginners and advanced traders to build automated trade script. Review the features of the toolkit:
- Basic candle colouring tools
- Signals with AI Classification
- Works in any market for discretionary analysis
- 6+ overlays for trends and support/resistance
- Advanced filters to refine triggers and entries
- Advanced settings to show TP/SL points
- Customizable alerts with any Alert() conditions
You can leverage the tool to generate signals using a simple machine learning trading strategy. This works for beginner and advanced strategies including trend confirmation, reversals or contrarian entries.
Price Action Concepts Toolkit
LuxAlgo’s all-in-one Oscillator Matrix is another powerful solution for TradingView users. Access 6+ innovative components developed for confluence, compatibility, & interoperability. For the best results, combine multiple features for an advanced trend monitoring and price reversal detection experience.
>> Search for excess capital alongside strong reversal indicators. Or, monitor real-time divergence against a lack of market resources. With these capabilities, you can accurately, quickly, and easily forecast upcoming trends.
If you’re searching for a unique, all-in-one, & TradingView supported indicator – consider the LuxAlgo Oscillator Matrix.
Liquidity Zone Indicators TV
Choose the liquidity zone TradingView algo indicators for strategies. The tools allow you to identify liquidity zones to build an effective trading script. You can spot areas of high buying or selling based on support and resistance levels. Choosing the right liquidity tool depends on your trading approach and market conditions. These scripts provide an analysis of real time market liquidity. You can leverage that data to refine trade entry and exits. Check out LuxAlgo indicators that can easily integrate with TradingView:
- Buyside & Sellside Liquidity
- Liquidity Sweeps
- Pure Price Action Liquidity Sweeps
- Liquidity Pools
- Liquidity Levels / Voids (VP)
Surely, integrate the liquidity zone toolkit for mapping liquidity clusters on the chart.
Support and Resistance Levels With Breaks
Start using support and resistance levels with breaks as your TV Indicator. The script shows the support and resistance pivot point to display break signal tags. You can use this toolkit along with the volume oscillator to see more significant breaks. Leverage this data to prevent trade noise and false signals. Check out the important signals the tool provides:
B denotes a break of support and resistance with volume above the threshold.
Bull/Bear wick denotes a bullish or bearish candle at the break.
- Review the setting the indicator offers:
- Left bars: No of bars to the left of the pivot.
- Right bars: No of bars to the right of the pivot.
- Volume threshold: % threshold for the volume oscillator.
Surely, use the S/R level with breaks TradingView tool in your algo script. Additionally, learn how to combine the LuxAlgo FVG Indicator with support and resistance breaks to validate volume-based price reversals.
Trending Market Toolkit
Focus on market trades with the Trending Market Toolkit available on the TV platform. Level up your accuracy and overall experience based on high confluences. This toolkit focuses on high-probability setups and trending market structures. With market analysis, you can spot potential reversals and trend continuations. Trending Market Toolkit draws broken trendlines, highlights reversal areas and signals a valid entry.
You can trade using three modes:
- Trend only
- Reversal only
- Both
When both modes are active, reversals take priority, so you don’t miss a turning point.
Long Wick Detector
The Long Wick Detector is your magnifying glass that quickly spots the unusually long wicks. These long wicks usually highlight strong supply or demand zones where price sharply reverses. The detector marks both mitigated and unmitigated levels. Plus, the candle color changes when wick size or breakout conditions are met. The tool shows long wicks with an unmitigated duration of up to 1,000 bars. You can still adjust the threshold to match your strategy.
- A lower threshold reveals more wicks
- A higher threshold reveals more significant moves
Use Long Wick Detector on the best automated trading platform for successful trades. The tool is available on the TV platform for free.
Bollinger Bands
Leverage accurate & powerful Bollinger Bands to strengthen your TradingView strategy. These tools are used to pinpoint low & high volatility periods. Use these insights to capitalize on profitable entry & exit opportunities. Using this method, there are three primary bands to track:
- Upper Band (Red Line)
- Middle Band (Blue Line)
- Bottom Band (Green Line)
>> Your middle band represents a simple moving average for 20 periods. The top & bottom lines are positioned two standard deviations away from the SMA.
You can expect low market volatility when these three lines come together. Alternatively, high volatility is present when your three Bollinger Bands are fairly distant. Drive performance on TV with Bollinger Band indicators.
Targets For Many Indicators
LuxAlgo’s Targets For Many Indicators is a powerful algo indicator & utility tool available in TV. Leverage this solution to easily visualize targets for multiple built-in and external indicators. Refine results with pre-defined conditions and scripts for multiple value series. Then, configure real-time alerts for whenever targets occur or are reached.
>> Utilize targets to forecast price limits, identify potential deviations, and secure profits. To strengthen risk management, these tools can help you analyze take profits & stop losses too.
Since multiple indicators may be represented on horizontal levels, these can serve as possible support & resistance (S&R) levels. Whenever breakouts occur, you should expect new market trends. Upgrade your TradingView strategy with LuxAlgo’s Targets For Many Indicators tools.
The toolkit allows you to see targets of many built-in and external indicators. These targets can be set for two different user-set conditions. You can set up a custom alert to capture the occurrence of a new target. Leverage those targets to know the limit where the price may start deviating. The target will help to capture profits and reduce losses of a trade. You can even use the reference manual to understand the usage of a particular tool. Integrate Market Structure Break and Order Block indicators in your strategy for trade accuracy.
Buyside & Sellside Liquidity
Leverage the buy-side and sell-side liquidity indicator for an accurate strategy. The tool allows you to identify potential support and resistance areas. These zones are spotted based on concentrated liquidity. The dynamic colour coding enables you to find institutional order clusters on the trading chart. Analysing that you can understand market sentiment to build your algo script. Review the key features the indicator offers:
- See the buy-side and sell-side zones.
- Map clusters that can trigger reversals.
- Connect seamlessly with price‑action analysis for trade confirmation.
Pair the tool with the range detector support and resistance indicators to automatically highlight surrounding ranges. Definitely, use buy-side and sell-side liquidity indicators in your TradingView algo strategy.
Trendlines with Breaks Oscillator
Integrate trendlines with breaks oscillator indicator in a trading strategy. The tool tracks the maximum distance between bullish and bearish trendline breakouts. These breakers are automatically highlighted on the trading chart. You can identify if the market is an uptrend or a downtrend. The oscillator value above 0 denotes an uptrend, whereas below 0 shows a downtrend. You can spot the trendline breaks with oscillator green and red dots. Review the settings the indicator offers on the TradingView chart:
- Swing detection lookback
- Slope steepness
- Slope calculation method
- Oscillator alpha length
- Smoothing signal
- Bullish and bearish colour
Definitely set up trendlines with breaks oscillator best TradingView algo indicators for trading.
Trending Market Toolkit
The trending market toolkit by LuxAlgo is another tool to analyze market movements and structures. The model is based on high-confluence and high-to-reward opportunities. For market reversals, you detect broken trendlines, swing highs/swing lows, and key reversal zones. These data points and targets offer entry triggers or exit targets. Additionally, you can combine these insights with LuxAlgo full toolkit and indicators. You can use volume algo indicators or specific LuxAlgo features:
Based on the asset’s trend strength, sensitivity, and timeframe, you can define your own risk-to-reward thresholds. In fact, you can configure the setting to enable/disable “risk reward” mode.These triggers and trendlines are automatically plotted on your TradingView chart.
Daily Single Trade
Start using the daily single trade indicator for accurate trading. The tool is suitable for traders who are looking for high-quality trade setups. The indicator identifies one signal daily within the timeframes below 1H. You can leverage the data to find breakout opportunities on price action. Check out the key features the TradingView indicator offers:
- Market open and pre-market analysis
- Risk-reward ratio customisations
- Customizable buffer for SL
- Display exit points on the chart
You can set up notifications for specific actions, including take-profit levels or stop-loss. Upgrade your TradingView strategy using volumetric Order Block algo indicator.
