By The Barcelona Trader
Every trader’s chart is like their kitchen.
Some keep it minimalist: one chart, one candle type, one crusty RSI from 1984.
Others layer on so many indicators it looks like a Christmas tree had a seizure.
I like tools that work—and I keep them clean, readable, and purposeful. I don’t chase the “magic indicator.” I just want clarity, structure, and actionable context.
So here’s exactly what I use on TradingView—from candles to signals—and why.
Candles: Heiken Ashi (Yes, Really)
First, the basics: I use Heiken Ashi candles.
I know some people get weird about this, but hear me out.
Heiken Ashi smooths out noise. It gives you a better sense of trend structure. It’s not great for precise entry signals—but that’s not what I use candles for anyway. I use them for reading context, flow, and rhythm.
I’ve got:
- Gold candles for bullish moves—because, duh, I trade gold.
- Blue candles for bearish moves—because… I like blue. That’s it. No deeper reason.
My Indicator Stack
🔹 Support & Resistance
This one auto-plots key S/R levels—and it does a pretty damn good job.
I use it to keep my chart honest. We all “see levels” when we want to—but this plots zones based on actual reactions, not my imagination.
🔹 Three 32-period EMAs
- One set to High
- One to Low
- One to Close
Why three? Because I want to see structure.
The high/low EMAs create a “channel” that shows me the heartbeat of price. When candles close outside that band, something’s shifting.
This is how I keep one eye on trend bias without pretending I’m smarter than price.
🔹 Linear Regression Channel
This one gives me context on trend strength and direction.
It’s math-y, yes. But it’s helpful for spotting mean reversion zones, exhaustion, and whether price is respecting a statistically clean slope—or faking everyone out.
🔹 Support & Resistance with Breaks and Bounces
This does what it says on the tin:
It highlights when levels are being tested, broken, or respected.
I don’t base entries off this alone, but it’s extremely helpful for confirming behavior.
If I see a bounce where I expect one—or a break where there shouldn’t be one—it flags something worth digging into.
🔹 200 EMA
The classic. The legend. The granddaddy of moving averages.
It’s not sexy, but it works.
I use it mostly as a macro directional bias—especially when trading on lower timeframes. If price is aggressively under or over the 200 EMA, that’s information.
🔹 Consolidation Zones
This one identifies areas where price is going sideways—building energy, or just stalling before a move.
It’s hugely helpful for avoiding entries in chop.
No one likes getting smacked around in a fakeout. This helps me stay out of flat zones unless I have a specific plan to fade or trade the breakout.
🔹 ChartPrime’s Free Indicator: Swing Ranges
This one plots swing highs and lows across multiple timeframes.
I use it to see where momentum has shifted and where price might hit a wall. If gold is pushing into a prior swing high with low conviction, I’m paying attention.
🔹 ChartPrime’s Swing High/Low Tool
Even cleaner than the swing ranges. It shows real turning points, not just every tiny pullback.
I don’t trade off this in isolation, but I use it for context—especially in combination with my EMAs and S/R.
🔹 Elite Algo: Main Signal Indicator (Paid)
This is one of the few premium tools I pay for. It combines trend direction, entry signals, and filters into a sleek little package. I don’t even use the signals. They’re way late for how I trade. But I like their trend dashboard and and their trend cloud.
Do I trust it blindly? Of course not.
But it’s excellent for confirming setups I already have on my radar.
🔹 Elite Algo: Volume Indicator (Paid)
This shows volume in a way that makes sense.
No weird rainbow bars. No clutter.
Just clean visual confirmation of where interest is showing up—or vanishing.
Final Thoughts: Use Tools, Not Crutches
The indicators above help me see the market clearly.
They don’t make decisions for me.
They don’t replace discipline.
They don’t fix bad habits.
But they do give me structure, clarity, and data—and when I combine that with a clean mindset and a defined system, that’s where the magic happens.
Don’t look for the indicator that does the work for you.
Use the ones that make your work cleaner.
And if you’re chasing 12 signals, 14 trendlines, and three different colors of VWAP?
Let’s simplify.
Because simple, structured trading—especially on gold—is the real flex.
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