Use Signs of the Time indicator to maximize the Earning #TrendingTopic :
The "Signs of Time" indicator on TradingView is designed to identify market cycles and trends based on time-based analysis. It helps traders visualize potential turning points and trend changes by highlighting specific time intervals.
Combine With RSI Indicator for Confirmation:
When combined with the Relative Strength Index (RSI), which measures the momentum of price movements, it can provide additional confirmation signals for potential entry or exit points. For example, if the Signs of Time indicator suggests a cycle turning point coinciding with an oversold or overbought condition on the RSI, it could signal a stronger potential reversal or continuation of the trend.
Traders often use this combination to enhance their analysis and make more informed trading decisions by considering both time-based patterns and momentum signals. However, it's essential to remember that no indicator is foolproof, and thorough analysis and risk management are crucial for successful trading.
