Top 4 TradingView Indicators for Passing FTMO Challenge with Ease
Using multiple indicators to make trade decisions can be a helpful way to improve the accuracy of your analysis and increase the chances of making profitable trades. When it comes to passing the FTMO challenge, it may be beneficial to use a combination of indicators that complement each other and provide a more complete picture of the market. Some examples of indicators that might be useful for this purpose include trend indicators, momentum indicators, and volume indicators. By combining these different types of indicators, traders can get a more comprehensive view of the market and make more informed trade decisions. It's important to remember that no single indicator is perfect, and it's always important to use a variety of tools to make the best possible trade decisions. However Our Team research and collected the things from different sources.
OrderBlock Indicator
An Order Block is a price level marked by a significant change in price direction. A Bullish Order Block is marked by a downward candle followed by a series of upward candles, while a Bearish Order Block is marked by an upward candle followed by a series of downward candles. These price levels may be revisited at a later time and can be used to place limit orders. The number of sequential candles and the minimum percentage change for the move to be considered relevant can be adjusted in the settings, with the percentage threshold being adjusted to the timeframe being analyzed.
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| OrderBlock Finder Experimental |
Volatility Oscillator
The Volatility Oscillator is a technical analysis indicator that measures the volatility of a market. By examining the Volatility Oscillator, traders can detect potential trend reversals or breakout opportunities. The length of the Volatility Oscillator can be adjusted in the settings, with shorter lengths showing a narrower price range and longer lengths showing a wider range.
The Volatility Oscillator can also be used to identify chart patterns, such as parallel channels, and to predict the likely direction of price action. It is important to use the ATR in conjunction with other forms of analysis to get a comprehensive view of the market.
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| Volatility Oscillator |
Boom Hunter Pro
Boom Hunter Pro is a technical analysis tool that aims to help traders identify potential long and short positions. It includes a fast oscillator called the Ehlers Early Onset Trend (EOT), also known as the Center of Gravity Oscillator (COG), which is filtered for improved accuracy. The indicator is optimized for use on 1-hour charts, but it can be applied to any time frame. Colored bars and Fibonacci lines can be activated to aid in finding entry points and tracking price action. This indicator follows the same principles as the COG, and more information can be found in the COG HOWTO.
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| Boom Hunter Pro |
Alien Brain Indicator
This technical analysis indicator is designed to help traders make buy and sell decisions by combining the use of Multi Trend, Moving Average, and Price Action. It utilizes a secret logic to compare the trend in the higher time frame to the trend in the short time frame in order to generate four types of buy and sell signals: M.Buy (Master Buy), M.Sell (Master Sell), Buy1, Sell1, Buy2, Sell2, Buy3, and Sell3. These signals are generated by comparing the trend in the higher time frame to the trend in the short time frame.
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| Alien Brain Indicator |
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