A tutorial on how to purchase and use trusted signals indicators for trading on TradingView, including real-time buy/sell alerts, trend indicators, and market sentiment analysis. Traders can customize inputs and access support through a VIP Discord channel.
Maximizing Your Trading Potential with Trusted Signals Indicators
Introduction
As a trader, it is crucial to have the right tools to help you make informed decisions and maximize your potential for profits. One of the most trusted signal providers in the market today is Trusted Signals. In this article, we will take an in-depth look at what comes with purchasing Trusted Signals indicators and how they can take your trading to the next level.
Getting Started with Trusted Signals
To gain access to Trusted Signals indicators, first, visit their website and click on “Get Access.” From there, select the package that suits your needs. After this, the Trusted Signals support team will grant you access to the VIP Discord channels and the Trusted Signals indicators on TradingView.
Adding the Indicators to Your Chart
Once you have access to the indicators, you can add them to your chart by clicking on the “FX Indicators” button at the top of TradingView. Select “Invite Only Scripts,” and you will see all the indicators Trusted Signals has to offer.
Trusted Signals Indicators
Trusted Signals is always improving its indicators and adding new features. They even have a suggestions channel in their Discord where traders can add what they would like to see added into the indicators. Let’s take a look at some of the tools you get with Trusted Signals indicators.
Real-Time Buy/Sell Alerts
With full access to Trusted Signals indicators, you can receive real-time buy/sell alerts. The Trusted Signals buy/sell alerts indicator quickly identifies market trends with visual buy/sell alerts on the chart. It is useful on any timeframe and even for one-minute scalping.
Standard Buy/Sell Signals
The Trusted Signals indicator includes standard buy and sell signals on the chart based on the current market direction. These signals can be set up as live alerts directly in TradingView. The two main input options for this algorithm are reactivity and depth.
Reactivity and Depth
The reactivity controls how quickly the algorithm reacts to trend changes. The higher the reactivity, the fewer trades on the chart. If the reactivity input is low, the algorithm will react more quickly and show more frequent trades. The depth controls the position of the signals relative to the trend swing.
Trend Length
Another secondary input is the trend length. The lookback of the Trend indicator Trusted Signals is coloring the candles based on the current trend direction. The blue color shows an uptrend, while the red color shows a downtrend. Buy and sell signals alerted while the current trend is showing.
Divergence Oscillator
Divergences are powerful tools that assess the price momentum and the likelihood of a price reversal. Positive divergence occurs when the price of an asset makes a new low while an oscillator starts to climb. Conversely, a negative divergence is when the price makes a new high but the oscillator analyzed makes a lower high. This Trusted Signals script can display the divergences in up to nine most used oscillators.
Market Dashboard
The market dashboard displays the most relevant data from all of Trusted Signals’ features in real-time. It indicates the current trend, market sentiment, Trusted Signals oscillator, higher-time frame trend, doji scalper, and currency strength indicator.
Higher Time Frame Trend
The higher time frame trend is a trend indicator based on Trusted Signals’ non-repainting calculation of higher time frame trend. It is based on a custom method that builds synthetic support and resistance lines from higher time without repainting while keeping the output extremely accurate.
Doji Scalper
Doji scalper is based on candle patterns that show potential market reversal points. The script has three different types of signals which can be individually turned on and off. Doji signals based entirely on the doji candle pattern and two strong and weak candle reversal patterns.
Auto Support Resistance
This feature can draw the key levels of support and resistance. Those levels can also be used as stop loss or take profit. Support and resistance are one of the most used techniques in technical analysis. Based on a concept that’s easy to understand but difficult to master, it identifies price levels where historically the price reacted.
Auto Trendlines
This script automatically draws the last two trend lines based on pivot points on the chart wick to wick. Trendlines can be used to identify and confirm trends. A trendline connects at least two price points on a chart and is usually extended forward to identify sloped areas of support and resistance.
Auto Fibonacci
The Trusted Signals Auto Fibonacci is an ideal educational tool and guide for new traders looking to practice drawing Fibonacci retracements. It features automatically drawn Fibonacci retracement levels corresponding labels for each level, and price and level. Fully customizable levels and lines through user inputs.
Currency Strength Indicator
The currency strength indicator is useful as a quick guide to which currencies you might want to trade and which might be worth staying away from. For instance, if a certain currency is very strong and another suddenly turns weaker, you may find a trading opportunity.
Conclusion
Trusted Signals indicators offer a wide range of features that can help traders make informed decisions, save time, and ultimately maximize their profits. With real-time buy/sell alerts, standard buy/sell signals, and a variety of other features like the ones described above, Trusted Signals could be the tool traders need to take their trading to the next level.