The video discusses two trading indicators for 2023 and provides instructions on how to set them up. The first indicator resulted in a four percent profit. To access the indicators, search for “linear regression candles” from urvu, and “both alerts” from Quant Nomad. The setup rules are simple and involve green bars above the line and placing stop loss and taking profit accordingly. To learn about more indicators, subscribe to the channel.

The Best Trading View Indicators for 2023: Maximizing Profit with the Right Tools

As the world of trading continues to evolve, new tools and strategies are constantly being developed to help traders maximize their profits. One of the most important tools in any trader’s arsenal is trading indicators, which help identify potential market trends and signals that traders can use to make informed decisions.

In this article, we will be discussing some of the best trading view indicators for 2023 that can help you to increase your trading success and financial gains. We will also provide step-by-step instructions on how to implement these indicators into your trading strategy.

The First Signal: Linear Regression Candles from UrVu

The first indicator we recommend is the Linear Regression Candles from UrVu. This tool helps traders to identify trends and potential market reversals based on the location of candlesticks relative to a linear regression line.

To add this indicator to your trading strategy, simply go to the Indicators tab on Trading View and search for “Linear Regression Candles” from UrVu. Once you find the indicator, click it and add it to your chart.

This indicator is easy to use and can be very effective in helping traders to make more informed decisions about when to buy or sell. In fact, during our testing, we were able to make a pure profit of four percent using this indicator alone.

The Second Signal: Quant Nomad’s BOA Indicator

The second indicator that we recommend is the BOA (Buy or Alert) indicator from Quant Nomad. This powerful tool helps traders to identify potential buy or sell opportunities in the market.

To add this indicator to your trading strategy, go to “Indicators” on Trading View and search for “BOA” from Quant Nomad. Once you find the indicator, click it and add it to your chart.

To optimize this indicator for maximum effectiveness, go to the “Inputs” section and change the signal smoothing to 7. Then, go to the “UT Both Alerts” settings and change the K value to 2 and the ETR period to 1.

With these settings in place, this indicator can help you to identify the right time to buy or sell, based on a number of key market indicators. When the BOA indicator signals a buy, look for a green bar above the line and place your stop loss at the recent support or resistance line. When it signals a sell, look for a red bar and take your profits accordingly.

Maximizing Your Trading Success with these Indicators

By incorporating these two powerful indicators into your trading strategy, you can greatly increase your chances of success in the market. However, it’s important to remember that no single indicator or tool can guarantee success in trading.

In addition to using these indicators, it’s important to do your own research, set clear goals for yourself, and make informed decisions based on market data and analysis.

In conclusion, by using the Linear Regression Candles from UrVu and the BOA indicator from Quant Nomad, you can greatly improve your chances of success in the trading world. Remember to stay disciplined, stay informed, and stay focused on your goals, and you can achieve great things in 2023 and beyond.