Ithy - Unlock Trading Insights & Daily Earnings: Strategies for 2025

Highlights

Master TradingView: Leverage key indicators like RSI, MACD, Bollinger Bands, and Volume Profile within proven strategies such as trend following or swing trading for potentially profitable trades.
Strategic Indicator Use: Combine indicators (e.g., Moving Averages with RSI/MACD) and focus on simple, backtested strategies with clear risk management for consistency.
Diverse $100/Day Methods: Explore accessible online income streams beyond trading, including freelancing, online tutoring, delivery apps, and affiliate marketing, often offering lower risk and faster results.

Navigating TradingView for Potential Profitability

Understanding Indicators and Strategies

TradingView is a powerful platform offering a vast array of technical indicators and tools. Success in trading often hinges on selecting the right indicators that align with your chosen strategy and risk tolerance. While no indicator guarantees profit, certain tools are consistently favored by traders for identifying trends, momentum shifts, volatility, and potential entry/exit points. The key lies in understanding how these indicators work and combining them effectively within a well-defined trading plan.

Remember, complexity isn't always better. Many successful traders advocate for simple strategies with 2-3 core indicators, rigorous backtesting, and strict risk management rules. Overfitting a strategy to past data or using too many conflicting indicators can lead to poor performance in live markets.

Popular TradingView Indicators in 2025

Based on recent analyses and trader experiences, several indicators stand out:

Relative Strength Index (RSI): A momentum oscillator measuring the speed and change of price movements. It helps identify overbought (>70) and oversold (<30) conditions, signaling potential reversals or pullbacks. Often used with a 14-period setting.
Moving Average Convergence Divergence (MACD): A trend-following momentum indicator showing the relationship between two exponential moving averages (EMAs). Crossovers between the MACD line and its signal line, along with the histogram, can indicate buy/sell signals and momentum shifts. Common setting: 12, 26, 9.
Bollinger Bands: Volatility bands placed two standard deviations above and below a simple moving average (SMA). They help gauge market volatility; bands widening suggest increased volatility, while narrowing (a "squeeze") can precede significant price moves. Prices touching the bands can indicate potential reversal points.
Volume Profile: Displays trading activity over specified price levels, highlighting significant support and resistance zones based on volume concentration (Point of Control - POC, Value Area). Useful for confirming breakouts and identifying high-probability entry/exit areas.
VWAP (Volume Weighted Average Price): Calculates the average price weighted by volume, typically used on intraday charts. It acts as a dynamic benchmark; trading above VWAP might suggest bullishness, while below could indicate bearishness. Often used by institutional traders.
Ichimoku Cloud (Ichimoku Kinko Hyo): A comprehensive indicator defining support/resistance, identifying trend direction, gauging momentum, and providing trading signals all in one.
Pivot Points: Calculated based on the previous period's high, low, and close prices, these levels act as potential support and resistance throughout the current trading session.
Supertrend: A trend-following indicator plotted on price, showing the current trend direction and providing potential entry/exit signals when the price crosses the indicator line.
Stochastic Oscillator: A momentum indicator comparing a specific closing price of a security to a range of its prices over a certain period, useful for identifying overbought/oversold conditions, similar to RSI but calculated differently.
ATR (Average True Range): Measures market volatility by decomposing the entire range of an asset price for that period. It helps in setting stop-loss orders based on current volatility.

Combining Indicators for Robust Signals

Using a single indicator can provide limited information. Combining complementary indicators often yields more reliable trading signals. For example:

Trend & Momentum: Combine Moving Averages (like 50-period or 200-period EMA/SMA) to determine the overall trend direction with RSI or MACD to time entries during pullbacks or confirm momentum. A common strategy is to look for buy signals (e.g., RSI crossing above 30) only when the price is above a key moving average.
Volatility & Confirmation: Use Bollinger Bands to identify potential breakouts from low volatility (squeezes) and confirm the move with rising Volume or Volume Profile analysis showing a lack of resistance.
Intraday Benchmark & Momentum: Combine VWAP with RSI. Traders might look for buying opportunities when the price pulls back to the VWAP line and the RSI indicates oversold conditions or bullish divergence.

Visualizing Indicator Strengths

Comparative Analysis of Key TradingView Indicators

To help visualize how different popular TradingView indicators perform across various analytical dimensions, the radar chart below provides an opinionated comparison. This chart rates indicators based on their perceived strength in areas like trend following, identifying momentum, analyzing volatility, signaling reversals, and ease of use for beginners. Remember that the "best" indicator depends heavily on your trading style, the market you're trading, and the timeframe you're using.

This chart suggests, for example, that Ichimoku Cloud is strong for trend following and identifying support/resistance, while RSI excels at momentum detection and spotting reversals. Volume Profile provides unparalleled volume insight, and Bollinger Bands are key for volatility analysis. Consider your trading goals when choosing which aspects are most important.

Structuring Your Trading Approach

From Indicators to Actionable Strategies

Choosing indicators is only the first step. Integrating them into a coherent trading strategy with clear rules for entry, exit, and risk management is crucial. Below is a mindmap outlining common trading styles and how different TradingView indicators can be applied within them.

mindmap root["Trading Strategies with TradingView Indicators"] id1["Trading Styles"] id1a["Trend Following"] id1a1["Indicators: MAs, MACD, Supertrend, Ichimoku"] id1a2["Goal: Ride established trends"] id1a3["Entry: Pullbacks to MA/Cloud, MACD crossover in trend direction"] id1a4["Exit: Trend reversal signals, trailing stop loss"] id1b["Swing Trading"] id1b1["Indicators: RSI, Stochastics, Pivot Points, Fibonacci"] id1b2["Goal: Capture 'swings' over days/weeks"] id1b3["Entry: Oversold RSI/Stochastics in uptrend, near support/pivot"] id1b4["Exit: Overbought conditions, resistance levels, profit targets"] id1c["Scalping"] id1c1["Indicators: MACD (short TFs), WaveTrend, Order Flow (Premium)"] id1c2["Goal: Numerous small profits on short timeframes (1-5 min)"] id1c3["Entry: Quick momentum signals, micro-breakouts"] id1c4["Exit: Small fixed profit target or immediate reversal signal"] id1d["Breakout Trading"] id1d1["Indicators: Bollinger Bands, Volume Profile, Volume"] id1d2["Goal: Enter when price breaks key level (range, pattern)"] id1d3["Entry: Price closing outside BBands/range with high volume"] id1d4["Exit: Measured move target, failure back inside range"] id1e["Price Action Trading"] id1e1["Indicators: Often minimal, focus on Candlesticks, S/R Lines"] id1e2["Goal: Trade based on raw price movement"] id1e3["Entry: Candlestick patterns (Pin Bars, Engulfing) at key levels"] id1e4["Exit: Opposite patterns, next key level"] id2["Key Indicator Concepts"] id2a["Momentum (RSI, MACD, Stochastics)"] id2b["Trend (MAs, Ichimoku, Supertrend)"] id2c["Volatility (Bollinger Bands, ATR)"] id2d["Volume (Volume Profile, VWAP, Standard Volume)"] id2e["Support/Resistance (Pivots, Fibonacci, Volume Profile, Manual Lines)"] id3["Essential Components"] id3a["Backtesting (Validate strategy)"] id3b["Risk Management (Stop Loss, Position Sizing)"] id3c["Trading Psychology (Discipline, Patience)"] id3d["Market Selection (Liquidity, Volatility)"] id3e["Continuous Learning & Adaptation"]

Example Strategy: EMA Crossover with RSI Confirmation

A simple trend-following strategy might involve:

Trend Filter: Use a 50-period EMA. Only consider long trades when the price is above the 50 EMA, and short trades when below.
Entry Signal: For long trades, wait for the price to pull back towards the 50 EMA and the RSI (14) to dip into oversold territory (e.g., below 30) and then cross back above it. For shorts, look for rallies towards the 50 EMA and RSI moving from overbought (>70) back below.
Stop Loss: Place a stop loss below the recent swing low for longs, or above the recent swing high for shorts (potentially using ATR for distance).
Take Profit: Target a predefined risk/reward ratio (e.g., 1:2 or 1:3) or exit when RSI reaches the opposite extreme (overbought for longs, oversold for shorts).

Remember to backtest any strategy thoroughly on historical data before risking real capital.

Aiming for $100 Daily: Trading vs. Other Online Methods

Is Earning $100 Daily via Trading "Easy"?

While trading offers the *potential* for significant returns, including earning $100 or more per day, it's crucial to understand that it is generally **not** considered an "easy" way to make consistent income. Profitability requires:

Capital: Achieving a $100 daily target often requires substantial trading capital to keep risk per trade low (e.g., aiming for a 1% daily return on a $10,000 account is more feasible and less risky than trying to make 10% on a $1,000 account).
Skill & Experience: Understanding market dynamics, technical analysis, and strategy execution takes time and practice.
Discipline & Psychology: Managing emotions like fear and greed, sticking to your trading plan, and accepting losses are critical.
Time Commitment: Active trading styles like scalping or day trading require significant screen time (often 4-6 hours daily) during market hours.

Strategies like scalping using indicators like the WaveTrend Oscillator on 5-minute charts, aiming for small profits across many trades, or swing trading based on RSI divergences on higher timeframes, can be used to target such daily goals, but they demand rigorous execution and risk control (e.g., risking no more than 1% of capital per trade).

A focused trading environment can aid discipline, but success depends more on strategy than setup.

More Accessible Ways to Earn $100 Daily Online

If the challenges and risks of trading seem daunting, or you're looking for genuinely easier and often more predictable ways to reach a $100 daily income goal online, consider these alternatives highlighted in recent guides:

Freelancing: Offer skills like writing, graphic design, web development, virtual assistance, or social media management on platforms like Upwork, Fiverr, or Toptal. Completing a few projects or working a set number of hours daily can achieve the $100 target.
Online Tutoring/Teaching: Share your expertise in academic subjects, music, languages, or other skills on platforms like VIPKid, Chegg Tutors, or by creating and selling courses on Udemy or Skillshare.
Delivery & Gig Apps: Drive for ride-sharing services (Uber, Lyft) or deliver food/groceries (DoorDash, Instacart, Shipt). Working during peak hours can often yield $100+ in 4-6 hours, including tips. Task-based apps like TaskRabbit also offer opportunities.
Affiliate Marketing: Promote products or services through unique affiliate links on a blog, social media channels, or YouTube. Earn commissions on sales generated through your links. This requires building an audience but can become passive over time.
E-commerce/Dropshipping: Set up an online store (e.g., using Shopify) to sell products. With dropshipping, you don't need to hold inventory. Finding profitable products and marketing effectively are key.
Online Surveys & Microtasks: While less likely to consistently yield $100 *every* day easily, participating in paid online surveys (Survey Junkie, Swagbucks) and completing small online tasks (Amazon Mechanical Turk) can contribute towards the goal with minimal skill required.
Renting Assets: Rent out a spare room (Airbnb), your car (Turo), or other equipment you own. This can generate relatively passive income.

These methods generally involve lower financial risk than trading and often rely on leveraging existing skills or time rather than complex market analysis. Consistency and choosing a method that aligns with your interests and availability are crucial for success.

Key TradingView Indicators Summarized

Purpose and Application Table

This table provides a quick reference for some of the most frequently mentioned TradingView indicators, their primary purpose, and common trading styles they are used in.

Indicator	Primary Purpose	Common Trading Styles	Key Feature
Relative Strength Index (RSI)	Measure momentum, identify overbought/oversold conditions	Swing Trading, Scalping, Reversal Trading	Oscillator (0-100 scale)
MACD	Identify trend direction and momentum shifts	Trend Following, Swing Trading, Momentum Trading	Moving Average Crossovers, Histogram
Bollinger Bands	Measure volatility, identify potential support/resistance	Breakout Trading, Range Trading, Reversal Trading	Dynamic bands based on standard deviation
Volume Profile	Identify significant price levels based on volume	Day Trading, Swing Trading, Scalping	Volume-by-Price analysis, POC, Value Area
VWAP	Benchmark average price weighted by volume (intraday)	Day Trading, Scalping	Dynamic intraday support/resistance
Ichimoku Cloud	Comprehensive trend, momentum, support/resistance analysis	Trend Following, Swing Trading	"Cloud" (Kumo), multiple lines (Tenkan, Kijun, etc.)
Pivot Points	Identify potential daily/weekly support and resistance levels	Day Trading, Swing Trading	Calculated levels based on previous period's price
Supertrend	Identify current trend direction and potential reversals	Trend Following, Swing Trading	Line overlay on price chart changing color with trend

Further Insights on Trading Indicators

Exploring Accurate Indicators for 2025

The following video discusses several TradingView indicators considered highly accurate for the current trading environment. It explores specific indicators and potentially how they can be used in different market conditions, offering visual examples and practical considerations for traders aiming to enhance their analysis in 2025.

Watching analyses like this can provide fresh perspectives on combining tools or discovering newer, potentially effective community-developed indicators available on TradingView. However, always apply critical thinking and rigorous backtesting before incorporating any new indicator or strategy into your live trading.

Frequently Asked Questions (FAQ)

What is the single 'best' indicator on TradingView?

There is no single "best" indicator, as effectiveness depends heavily on the trading strategy, market conditions, timeframe, and individual trader preferences. Popular and versatile indicators like RSI, MACD, and Moving Averages are widely used, but success comes from understanding and combining indicators appropriately within a well-defined trading plan, rather than relying on one tool.

Can I really make $100 every day easily with trading?

Consistently earning $100 per day through trading is possible but is generally **not easy**. It requires significant capital, skill, discipline, effective risk management, and often a substantial time commitment. The inherent risks and volatility in financial markets mean losses are part of the process. While some strategies might target such returns, framing it as "easy" is misleading.

How many indicators should I use on my chart?

Most experienced traders recommend keeping charts relatively clean, typically using 2-4 indicators at most. Using too many indicators ("analysis paralysis") can lead to conflicting signals and confusion. Focus on indicators that complement each other and provide distinct information (e.g., one for trend, one for momentum, perhaps one for volatility or volume).

What are some lower-risk ways to earn $100 online daily?

Compared to trading, methods like freelancing (writing, design, etc.), online tutoring, driving for delivery/ride-sharing apps, or building an affiliate marketing niche often present lower financial risk and more predictable income streams for reaching a $100 daily goal. Success still requires effort and consistency, but the capital risk is typically much lower.

Is backtesting important for trading strategies?

Yes, backtesting is crucial. It involves applying your trading strategy rules to historical market data to see how it would have performed. This helps validate the strategy's potential profitability, identify its weaknesses, and optimize parameters before risking real money. Reliable strategies often show positive results over extended backtesting periods and different market conditions.