Trading has become one of the most lucrative ways of earning money in recent times. The digital world has made it possible for anyone with an internet connection to invest in various stock markets and trade currencies. Trading platforms such as TradingView have made it easier for traders to analyze and execute trades. However, there is one limitation that most traders have faced while using TradingView – being able to use only three indicators.

This limitation can be frustrating for many traders who wish to use more indicators in their analysis. The Relative Strength Index (RSI), Stochastic RSI, Moving Average Convergence Divergence (MACD), and other oscillators are popular among traders for their ability to provide valuable insights into price trends. Fortunately, there is a way to bypass the limit and use multiple indicators.

In this YouTube video, the host shares a game-changing tip for traders who are tired of the three-indicator limit on TradingView. By clicking on the ‘Indicators’ option at the top of the window, traders can add any oscillator they wish to their list of favorites. The host suggests selecting the first oscillator that appears on the list and adding it to the favorites. Once this is done, traders can add it to their chart.

The result is the ability to choose between eight different oscillators instead of being limited to one or two. These include the Twin RSI, Stochastic RSI, Ultimate Oscillator, MACD, and Orsi, among others. Additionally, traders can individually adjust the settings of each oscillator to suit their trading strategy.

This tip is a game-changer for traders who have been struggling with the three-indicator limit on TradingView. It allows them to use more oscillators and analyze price trends more effectively. With this simple trick, traders can now gain a deeper understanding of market trends and make more informed trades.

One of the most significant advantages of using multiple oscillators is they provide a comprehensive view of the price trend. Each oscillator has its unique way of calculating and interpreting price action. By using multiple oscillators, traders can make more informed decisions and reduce the impact of false signals. For instance, if a trader sees bullish signals on one oscillator, but bearish signals on another, they may not enter into a trade immediately since the signals are conflicting.

Moreover, traders can use different oscillators to analyze different time frames. For example, the MACD oscillator is useful for identifying longer-term trends, while the Stochastic RSI is more suitable for identifying trends in the short term. By combining these indicators, traders can analyze trends in multiple time frames and gain deeper insights.

It is important to note that adding more oscillators to your chart does not guarantee success. Trading is a complex activity that requires a lot of practice, patience, and discipline. While using multiple indicators can enhance your analysis, it is essential to have a clear understanding of how they work and how to interpret their signals.

In conclusion, the tip shared in the YouTube video is a game-changer for traders who have been struggling with the three-indicator limit on TradingView. By adding multiple oscillators, traders can gain a more comprehensive view of the price trend, analyze trends in different time frames, and make more informed trading decisions. However, it is essential to exercise caution and not rely solely on indicators to make trades. Trading requires a lot of skill and practice, and using multiple indicators is just one of the many tools that traders can use to enhance their analysis.