What are the common technical indicators in TradingView and how to combine them?

TradingView's technical indicator system is very comprehensive, featuring over 100 built-in indicators covering categories such as trend, momentum, volatility, and volume.

Main Indicator Categories:

1. Trend Indicators

• Moving Averages (MA): SMA, EMA, VWMA, WMA
  • SMA: Simple Moving Average, calculates average price over specified period
  • EMA: Exponential Moving Average, gives more weight to recent prices
  • VWMA: Volume Weighted Moving Average, considers volume factors
• MACD: Moving Average Convergence Divergence
  • Consists of fast line, slow line, and signal line
  • Used to identify trend changes and momentum
• ADX: Average Directional Index
  • Measures trend strength, range 0-100
  • ADX > 25 indicates strong trend

2. Momentum Indicators

• RSI: Relative Strength Index
  • Range 0-100, overbought/oversold lines typically at 70 and 30
  • Used to identify overbought/oversold conditions
• Stochastic Oscillator:
  • %K and %D lines
  • Used to identify price reversal signals
• CCI: Commodity Channel Index
  • Measures price deviation from average

3. Volatility Indicators

• Bollinger Bands:
  • Middle band is 20-period SMA
  • Upper/lower bands are middle band ± 2 standard deviations
  • Used to measure price volatility range
• ATR: Average True Range
  • Measures market volatility
  • Used for setting stop-loss and take-profit

4. Volume Indicators

• Volume: Shows trading volume
• OBV: On-Balance Volume
  • Cumulative volume, reflects money flow
• MFI: Money Flow Index
  • Momentum indicator combining price and volume

Custom Indicator Development: Use Pine Script to create custom indicators:

pinescript
//@version=5
indicator("Custom Indicator", overlay=true)
length = input(14)
src = input(close)
smaValue = ta.sma(src, length)
plot(smaValue, color=color.blue)

Indicator Combination Strategies:

• Trend Confirmation: Use multiple trend indicators to confirm trend direction
• Momentum Confirmation: Combine momentum indicators to confirm entry timing
• Risk Management: Use volatility indicators to set stop-loss levels
• Filter False Signals: Combine different indicator types to improve accuracy