3 Simple Yet Powerful Strategies Using TradingView Tools
4th Aug 2025TradingView is not just a charting platform — it’s a comprehensive environment for building, testing, and refining trading strategies. Whether you’re a beginner looking for your first structured approach or an experienced trader wanting to refine your methods, TradingView offers tools that are both accessible and powerful. In this article, we’ll walk you through three practical strategies you can build using only TradingView’s built-in features — no coding or complex indicators required.
Let’s dive into actionable strategies that can work across forex, gold, crypto, and even indices.
1. Trend-Following with Moving Averages
One of the oldest yet most reliable methods in trading is trend-following. On TradingView, you can easily set up a strategy using the Moving Average (MA) indicators.
How it works:
This strategy uses a combination of two moving averages: a shorter one (e.g., 20-period) and a longer one (e.g., 50-period). When the short MA crosses above the long MA, it’s considered a bullish signal. Conversely, when it crosses below, it’s a bearish signal.
How to apply in TradingView:
• Use the "Moving Average" indicator from the built-in list.
• Add two instances and configure one to 20 and the other to 50.
• Set alerts on crossover events so you’re notified immediately.
Why it’s effective:
This strategy is visually simple but aligns well with trend momentum. It's best used in markets with consistent direction — for example, during sustained gold or USD moves.
2. RSI-Based Reversal Entry Strategy
Another classic tool in TradingView is the Relative Strength Index (RSI). It helps identify overbought or oversold market conditions, giving you a potential edge in timing entries.
How it works:
You watch for RSI to cross key thresholds (typically 30 and 70). When RSI drops below 30 and then reverses upward, it may signal a short-term bottom — a potential buy opportunity. Similarly, an RSI above 70 that starts to drop can be a sign to sell.
How to apply in TradingView:
• Add the RSI indicator from the built-in indicators list.
• Use horizontal lines at levels 30 and 70 for clarity.
• Combine with candlestick confirmation — such as a bullish engulfing after RSI < 30.
Why it’s effective:
It helps you catch pullbacks in trending markets or reversals in ranging markets. It's especially popular in short-term gold trades or crypto bounces.
3. Breakout Strategy Using Support and Resistance Zones
Breakouts are powerful signals that often lead to strong price movements. With TradingView, you can draw support/resistance zones and get alerts when the price breaks key levels.
How it works:
The strategy focuses on price action around horizontal zones. When price consolidates near a resistance and then breaks out with volume, it’s typically a bullish signal. The same applies to breakdowns from support levels.
How to apply in TradingView:
• Use the "Horizontal Line" or "Rectangle Tool" to mark key levels.
• Combine this with volume indicators like Volume or On-Balance Volume (OBV).
• Set alerts to be notified of breakouts.
Why it’s effective:
Breakouts often lead to strong trends, especially when combined with increased volume. This strategy is widely used in both day trading and swing trading.
Why These Strategies Matter — and How SMARTT Enhances the Process
The best part of these three strategies is that they don’t require expensive tools or advanced coding. You can implement all of them using free TradingView tools. However, consistently identifying the best signals, managing risk, and executing trades on time remains especially challenging for beginners.
That’s where SMARTT comes in.
SMARTT automates the trade execution process based on strategies like trend-following, breakouts, and reversals — many of which are influenced by real-time TradingView analysis. It also collects crowd-based insights and professional trader actions to enhance decision-making. You don’t need to build these systems yourself — just set your risk preferences, and SMARTT handles the rest.
Whether you use strategies manually or want a system that mirrors top trader behavior, SMARTT’s automated platform provides a powerful alternative. You can learn more about the platform on our homepage or get in touch with our team via the contact us page.