TradeDots Description
TradeDots is a TradingView signal that uses quantitative investment strategies to detect market reversal patterns based on market patterns and price movement.
The TradeDots indicator uses green and red dots to indicate market trends, with green representing an downward trend and red indicating an upward trend.
OurTelegram Bot enables users to create customized trading alerts, eliminating the need for constant screen monitoring.
Our Advantages:
- We provide 2x the number of trading opportunities compared to other indicators.
- Unlike other pivot point indicators that emerge after a delay of 10 bars, our indicator is labeled immediately following the closure of the subsequent bar.
- We effectively eliminates extraneous price fluctuations, providing precise and indispensable market signals.
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TradeDots Features and Options
TradeDots User Reviews
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Likelihood to Recommend to Others1 2 3 4 5 6 7 8 9 10
The Easiest to Use Trading Indicator on TradingView Date: Jul 21 2023
Summary: Overall, the TradeDots indicator is remarkably user-friendly. Moreover, upon upgrading to their highest plan, traders gain access to a Telegram bot that delivers real-time buy and sell signals. This feature greatly reduces the need for constant chart monitoring, which is a significant advantage. I am genuinely impressed with the product that the TradeDots team has developed.
Positive: The TradeDots trading indicator on TradingView is, in my opinion, one of the best options available in the market. Having tried several indicators, I found TradeDots to be exceptionally user-friendly. It provides clear pivot points that indicate potential market reversals, allowing me to easily comprehend the market dynamics. Unlike other indicators that come bundled with numerous redundant and unnecessary features, TradeDots focuses on simplicity and ease of use.
Furthermore, the TradeDots team is highly responsive and helpful when it comes to addressing any queries or concerns related to trading. Their full assistance has been invaluable to me.Negative: While I have encountered a few instances of repainting with this indicator, although it did not significantly impact my trading activities, as I primarily engage in long-term trades. Additionally, the TradeDots team informed me about an add-on feature available in their premium plans, which allows users to view the repainted signals as potential take profit opportunities. Therefore, I sometimes deliberately choose not to close my entire position when the market conditions are favorable.
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