A ‘Supertrend’ indicator is one, which can give you precise buy or sell signal in a trending market. As the name suggests, ‘Supertrend’ is a trend-following indicator just like moving averages and MACD (moving average convergence divergence). It is plotted on prices and their placement indicates the current trend.
Read moreWhat is strong buy on TradingView?
A ‘strong buy’ means the analyst believes the stock’s underlying company is or will soon be experiencing positive financial performance and/or favorable market conditions . A strong buy rating indicates an analyst has reason to believe the stock will trade drastically higher over the coming months.
Read moreWhen should you buy and sell a TradingView?
When RSI touches 70 it gives a Buy signal and when RSI touches 30 it gives a sell signal. The position is then held out… This great and simple indicator based on EMA generates information about entry points at close of the candle. First signal is the best entry point but you can re-enter at the next.
Read moreWhich indicator shows buy and sell?
On-Balance indicator : On Balance Volume (OBV) is the volume indicator that calculates the buying and selling pressure as a cumulative indicator which sums up volume on up days and subtracts volume on down days. When the stock closes higher than the previous close, then all of the day’s volume is considered up-volume.
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