Friday, 1 August 2025

Top 5 Indicators for Intraday Trading on TradingView

 ðŸ“Œ Introduction

Intraday trading is all about precision. A small mistake can cost big, and a small insight can make your day. That’s why choosing the right indicators is critical.

I’ve personally tested dozens of indicators on TradingView — some looked fancy but failed in live trades. Over time, a few consistently proved their worth.

In this post, I’ll share the top 5 indicators I rely on for day trading — tested, refined, and profitable.

✅ 1. Exponential Moving Average (EMA)

Let’s start with a classic.

EMA is the backbone of many successful intraday strategies. Unlike the Simple Moving Average (SMA), the EMA gives more weight to recent price action, which is perfect for short timeframes.

How I use it:

• 20 EMA for trend direction

• 9 EMA for short entries/exits

If price is above both, I look for buy setups — below both, sell.

📌 Pro tip: Combine with price action near EMA for sniper entries.

✅ 2. Relative Strength Index (RSI)

No surprise here — RSI helps spot momentum shifts and overbought/oversold zones.

Settings I prefer:

• 14-period RSI

• Levels at 70 (overbought) and 30 (oversold)

Why it works:

It keeps me from entering too early during impulsive moves. When RSI diverges from price, that’s often the first clue of a reversal.

 ✅ 3. Volume Weighted Average Price (VWAP)

If you're not using VWAP in intraday trading, you're missing out.

Institutions heavily monitor VWAP to gauge fair value. Price bouncing off VWAP often gives high-probability setups.

My VWAP Rules:

• Price above VWAP = bullish bias

• Price below VWAP = bearish bias

• I look for rejections or confirmations near VWAP

✅ 4. MACD (Moving Average Convergence Divergence)

MACD helps me spot trend reversals and momentum bursts — especially on the 5-min and 15-min chart.

How I trade it:

• When the MACD line crosses above signal = buy

• Below signal = sell

• Flat histogram = avoid, market is dead

📌 Works great with EMA for added confirmation.

✅ 5. Volume Profile (Fixed Range)

This one’s underused by retail traders, but it’s powerful.

Volume Profile shows where the most trading happened — known as high-volume nodes or Point of Control (POC).

Why it matters:

Price loves to react at high-volume zones. Breakouts from these areas are usually meaningful.

Use it to identify strong support/resistance and stay ahead of fake moves.



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