Finance Gorila
Telegram channel

Risk warning CFDs, forex and crypto are high risk and most retail CFD accounts lose money. Nothing here is investment advice and no result is guaranteed. We may earn commissions from partners.High-risk products. Not investment advice. Nothing is guaranteed.

Checking market sessions…

Quick reference: other popular TradingView indicators

OBV, Parabolic SAR, CCI, Williams %R, MFI, Keltner, Donchian, Alligator, Aroon, Pivot Points: what they do and their default settings.

Beyond the indicators with their own lessons, these are widely used on TradingView. The name in brackets is what to search for in Indicators.

Trend

Parabolic SAR (Parabolic SAR)Dots below/above price, used as a trailing stop. Wilder; default 0.02 / 0.02 / 0.2.
Williams AlligatorThree SMMAs 13/8/5 shifted forward 8/5/3 bars; the "alligator sleeps" when the lines tangle. Bill Williams.
Aroon (Aroon)Counts bars since the latest high/low over 14 periods to tell a fresh trend from an old one. Tushar Chande.
Hull MA (Hull Moving Average)A moving average with less lag than an EMA, used for quick direction. Alan Hull.

Oscillators

CCI (Commodity Channel Index)Measures how far price is from its average; ±100 marks strength. Donald Lambert, 1980; default 20.
Williams %R (Williams %R)Like an inverted Stochastic on a 0 to −100 scale; above −20 overbought, below −80 oversold. Larry Williams; 14.
Awesome OscillatorSMA 5 minus SMA 34 of the median price, shown as bars. Bill Williams.
MFI (Money Flow Index)A volume-weighted RSI; 80/20 mark overbought/oversold; 14.

Volume

OBV (On Balance Volume)Adds volume on up days and subtracts it on down days; OBV leading price hints at accumulation/distribution. Joe Granville.
Chaikin Money FlowMoney flowing in or out over 20 periods; above 0 means buying pressure.

Channels and levels

Keltner ChannelsEMA 20 ± a multiple of ATR; smoother than Bollinger, good for riding trends.
Donchian ChannelsHighest high and lowest low of 20 periods; a channel break is the signal. The Turtle Traders used 20 and 55.
Pivot Points StandardPP, R1–R3, S1–S3 from the previous period's high/low/close. See the Today's pivot points tool.
Zig ZagJoins swings larger than a set % to make wave structure clearer; it repaints when price turns.
TipYou don't need them all. Pick at most one trend indicator, one oscillator and one volume or level tool.

Try it on a chart

Educational content only, not investment advice. Practise on a demo account before using real money.