What is TradeDots?
TradeDots is a TradingView signal that employs quantitative investment strategies to identify patterns indicative of market reversals by analyzing price movements and trends.
This indicator utilizes a system of green and red dots to signify market directions, where green dots indicate a downward trend and red dots suggest an upward trend.
Additionally, our Telegram Bot allows users to set up personalized trading alerts, thus removing the necessity for continuous monitoring of the screens.
Our benefits include:
- We offer twice as many trading opportunities in comparison to other indicators available in the market.
- Unlike traditional pivot point indicators that typically show signs after a delay of 10 bars, our indicator provides immediate labeling right after the closing of the next bar.
- We effectively filter out unnecessary price fluctuations, delivering accurate and vital market signals for traders seeking precision.
By combining these features, TradeDots empowers traders to make more informed decisions with confidence.
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TradeDots Customer Reviews
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Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
The Easiest to Use Trading Indicator on TradingView
Date: Jul 21 2023SummaryOverall, 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.
PositiveThe 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.NegativeWhile 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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