Best Day Trading Tool/Indicator

3 min readFeb 6, 2021

Intraday Trading Tool [VK]

Be it a beginner or an established trader, following the basic intraday tips is a common practice before starting the trading day. However, your trading strategy changes with time and the concurrent events play a huge role in its working. In order to maximize returns, it is essential to understand the market. For this purpose, there are trading indicators. Trading indicators are beneficial tools that are used with a comprehensive strategy to maximize returns.

Introducing The Best Day Trading Tool on Tradingview -

This Indicator is all you need to day trade. after backtesting manually I’ve found the indicator profitable above 70% .

This Indicator Works on all kind of Markets (Stocks, Commodity, Cryptocurrency, Forex, etc)

About The indicator :

This indicator uses the most commonly used indicators in The markets, MA channel + MACD (Background Trend) + RSI (Trend On Top) . This Three Indicators Are Used For Trend In Higher Time Frame. We Have to take trades based on Trend In Higher Time Frames. We are using SRSI For entries which Has the function to show entries from Higher Time Frames .

Stop Loss And Take Profit : we have used ATR for Stop Loss which will show up with Buy/Sell Signals. and for Taking Profit We Have used Murrey Lines Which Can be used to see Support/Resistance as Targets And also has the function to show Support/Resistance from Higher Time Frame.

The Cross And Triangles On the Bottom of the Chart Indicates MACD Cross on Higher Time Frames .

How to use :

This indicator is very easy to use. Buy When B signal and Sell When S signal. Stop loss is plotted below/above signals . And the lines are support/resistance lines which can be used as Take profit targets.