Best Indicators for Swing Trading in ProRealTime ??

• 02/26/2025 at 1:23 PM #244376
  derektheler00

  Hey traders,

  I have been using ProRealTime for a while and am looking to refine my swing trading strategy. I mainly trade stocks and forex on the daily and 4-hour charts. Currently.., I use moving averages and RSI, but I feel like I am missing out on better setups.

  Which indicators do you find most effective for swing trading in ProRealTime: ?? Do you combine multiple indicators, or do you prefer price action: ?? Also, how do you filter false signals to avoid unnecessary trades: ??

  Any insights, strategies, or even custom ProRealTime code suggestions would be highly appreciated. Looking forward to learning from you all !! I have also gone through this https://www.prorealcode.com/topic/swing-trader-indicators-jira but still need some more help.

  Thanks !!

  With Regards,

  Derek Theler

  

  derektheler00

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  02/26/2025 at 4:11 PM #244383
  LucasBest

  The Best “simple” indicator for me is the RSI. But there is no perfect indicators. All indicators can lead to false signals or bad signals…
  Also, it is better to select indicators that match your trading style and know well how to use them.
  Price action is necessary for more confirmations.

  You can try this version or RSI which is good :
  https://www.prorealcode.com/topic/dynamic-zone-rsi/

  There is also this indicator :
  https://www.prorealcode.com/prorealtime-indicators/perfect-trend-line-2/

  

  LucasBest

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  02/26/2025 at 6:23 PM #244387
  Quino

  I advise you to use the advanced indicators that Yvan offers us in this forum. They deal more with the behavioral side than the purely mathematical aspect. Associated with other indicators, they give very interesting insights.

  

  Quino

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  02/26/2025 at 8:59 PM #244390
  LucasBest

  Which one/ones give very interesting insights ?

  

  LucasBest

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  02/27/2025 at 7:49 AM #244398
  Quino

  There are several interesting indicators developed by Yvan. The one I prefer is https://www.prorealcode.com/prorealtime-indicators/order-blocks-volume-indicator/.
  It intelligently combines the evolution of prices and volumes, which is not the case for the majority of indicators.
  It has the advantage of identifying support and resistance zones with relevance, or even range entries. Which should alert before taking a position.
  In addition, it is easily modifiable to make it evolve or integrate it into a screener

  

  Quino

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  02/27/2025 at 8:27 AM #244400
  LucasBest

  Iván is doing a huge and very great job converting those indicators/strategies smartly and accurately, mainly from Tradingview platform. And it is sometimes not easy as Tradingview has a lot of functions that Prorealtime has not…

  But the indicator you like is not accurate at all : those “relevant supports and resistances zones” are not accurate at all. If you want to trade them, your stop loss would be far, not allowing big Risk Reward ratio. It is easy to do far more accurate supports and resistances…

  Almost half of the price are Order block supports/resistances… How do you trade this ? 🙂

  

  LucasBest

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  02/27/2025 at 10:34 AM #244404
  Quino

  I’m not saying that I trade from this indicator outcomes. I have my own indicators for that. I’m saying  this indicator (that I use) is relevant to identify some “Risk analysis” concerns when taking position. For that purpose, it is very interesting. Most of the time it sheds light on some outstanding price movements.

  

  Quino

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