What is a trading indicator?

A trading indicator is a statistical calculation based on the price and/or volume of a security or other asset. It is used as a technical analysis tool to help traders identify patterns, trends, and potential trade opportunities in the market. Indicators can be based on various types of data, such as price, volume, and open interest, and can be plotted on a chart to help traders visualize the data and make informed decisions. There are many different types of indicators, including trend indicators, momentum indicators, volatility indicators, and oscillators, each of which can provide different insights and help traders make different types of trades. Some common examples of trading indicators include the moving average, relative strength index (RSI), and Bollinger bands.

What is RSI?

The relative strength index (RSI) is a technical analysis indicator that measures the strength of a stock's price movement. It is calculated using the average gains and losses of a stock over a given period of time, and is displayed as a line graph with values ranging from 0 to 100. A stock with a high RSI is considered to be overbought, and one with a low RSI is considered to be oversold. RSI is commonly used by traders to identify potential buying or selling opportunities, and to confirm other technical analysis signals. It is calculated using the following formula: RSI = 100 - 100 / (1 + RS), where RS is the average gain of the stock over the given period divided by the average loss of the stock over the same period.

MarketGod shows a repainting warning when setting the alerts up

Since our indicator does not and will not repaint, its more than likely you've tried to set an alert on the strategy and not the indicator. Set the alert on the indicator to correct the issue.

What is percent profitability?

Percent profitable is a metric used in trading to measure the percentage of a trader's trades that were profitable. It is calculated by dividing the total number of profitable trades by the total number of trades, and expressing the result as a percentage. For example, if a trader made 100 trades and 60 of them were profitable, their percent profitable would be 60%. Percent profitable is often used by traders to evaluate the effectiveness of their trading strategy, and to compare their performance to other traders. A higher percent profitable typically indicates that a trader's strategy is effective and profitable, while a lower percent profitable may indicate that the trader needs to make adjustments to their strategy.

Why are my labels only showing up on the part of the chart?

If your labels are disappearing on a given chart, it may be related to Tradingview's limits on plots and labels.

If I change my Tradingview Username, will it affect my MarketGod permissions?

Yes, any changes to your Tradingview username will directly impact your MarketGod permissions and access to the indicator. We are happy to update them accordingly just email our support team → support@marketgod.io

Why did my indicator not send a buy or a sell when the market price changed

MarketGod provides buy or sell alerts for users when a specific criteria has been met in the market. Price change to any percentage is not in the parameters for the alerts therefore does not always account for price changes

What Comes With My MarketGod Purchase?

MarketGod for Tradingview Includes the MarketGod for Tradingview Study and the MarketGod for Tradingview Strategy