One thing is for sure.

TradingView is the most popular charting and trading platform online.

The platform provides us, traders, with a wide range of tools for analyzing financial markets.

Among the different tools available on TradingView, there are thousands of trading indicators that can help traders make informed trading decisions.

However, not all indicators are created equal!

If the vast majority of the available trading indicators don’t offer any value at all, there are a few exceptions, and guess what? Our trading indicators are proudly among those – an exclusive circle of high-quality premium indicators.

In fact, not everybody knows that our trading indicators have been officially featured by TradingView for multiple years in their Marketplace along with a very limited number of other indicators (about a dozen) out of the thousands available on the TradingView platform.

We can’t stress enough – indicators are not created equal!

So, let’s explore the six must-have features that the best TradingView indicators must have.

#1
Quick and Reliable Signals

Sounds obvious, right?

Well, most indicators provide useless signals because they are either wrong or they are provided in hindsight – to put it simply, you should avoid these indicators.

The signals generated by a trading indicator should be based on solid technical analysis, further validated data, and predictive models.

For example, our Bottoms Tops Signal indicator is among the few TradingView indicators that can identify a Bottom or a Top with the Highest Probability and in the shortest time possible.

Consider this: what would be the value of signaling a bottom or a top that occurred 5 candles ago?

To a trader, there’s no value at all because that information cannot be exploited to generate a profit.

Instead, our Bottoms Tops Signal is able to identify that a candle has a high probability of being a Bottom or a Top, and it is able to do that as soon as the next candle closes.

Basically, there’s a one-candle delay, which is the minimum time ever possible in order to identify a Bottom or a Top with the Highest Probability.

Consider combining a similar signal with a few more quality indicators and you soon realize how a quick and reliable indicator can make a significant difference in a trader’s success.

#2
Customizable Parameters

The second feature of the best TradingView indicators is that they should be customizable.

This means that you can adjust the parameters of the indicator to suit your individual trading style and preferences.

This can be especially important if you use multiple indicators, as it allows you to fine-tune your trading strategy and make it more effective.

However, there’s a catch!

Stay away from indicators that offer too many customizations.

Why?

If an indicator has too many customizations it means that the developer did not have a real goal in mind when creating it. Long story short, it’s very likely that the indicator is extremely sensible and you will never find a customization that consistently works.

To sum up, look for indicators that offer some degree of customization (a few parameters) and, in turn, be skeptical of those indicators that are excessively customizable.

#3
Easy to Use

It should come as standard however, the vast majority of indicators, are way too complex to interpret and use.

An indicator should be simple and straightforward so that it’s intuitive to interpret the signals it generates.

This can be especially important for traders who are new to technical analysis, as it can help them quickly become comfortable with using the indicator.

We decided to call ourselves Minimalist Trading right because of this – our popular trading indicators are simple, clear, and intuitive – all fundamental characteristics of top trading indicators.

#4
Multiple Timeframe support

A trading indicator is not a great one if it’s not suitable for multiple timeframes.

This means that, in order to be considered among the best TradingView indicators, it must be able to provide accurate signals across different timeframes, such as sub-hourly, hourly, daily, weekly, or even monthly charts.

This can be especially important for traders who use multiple timeframes in their analysis, as it allows them to identify profitable trades across different timeframes.

The reality is that only a small percentage of trading indicators have multiple timeframe support.

In our case, all Minimalist Trading indicators have multiple timeframe support.

Even more, all our trading indicators automatically self-optimize depending on the timeframe of your chart.

What does this mean?

No matter the timeframe you select, they will always perform at their best potential.

#5
Multiple Assets support

Similar to multiple timeframe support, a trading indicator is not great if does not support multiple assets.

A trading indicator should be able to provide accurate signals across different assets, such as stocks, forex, cryptocurrency, and more.

Why?

Because traders need to be able to operate across different markets without having to use different indicators!

Even in this case, all Minimalist Trading indicators have multiple assets support and, similarly to the timeframes, they automatically self-optimize based on the asset that’s displayed on the chart.

Take for example the Levels and Zones indicator, just to name one.

The indicator will automatically display the best Support and Resistance Levels as well as their corresponding Bullish and Bearish zones based on the asset and the timeframe you’re analyzing.

#6
Credibility and Long-term Profitability

Last, but not least – how credible is the indicator?

Simply put, an indicator is not great because it looks great or because it’s new and trending.

It’s great because the indicator has built a reputation over the years and has proved to be profitable.

An example?

As mentioned above,  not only our trading indicators have been officially featured by TradingView for multiple years in their Marketplace along with a very limited number of other indicators out of the thousands available on the TradingView platform, but also traders all over the world have been using Minimalist Trading indicators since a decade.

Many traders get easily encouraged or discouraged by short-term performance but, even for trading indicators, it’s the long-term that matters.

Do your indicators come with these must-have features that the best TradingView indicators possess?